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FBI Releases Bank Crime Statistics for First Quarter of 2011

During the first quarter of 2011, there were 1,092 reported violations of the Federal Bank Robbery and Incidental Crimes Statue, a decrease from the 1,183 reported violations in the same quarter of 2010.1 According to statistics released today by the FBI, there were 1,081 robberies, nine burglaries, two larcenies, and one extortion of financial institutions2 reported between January 1, 2011 and March 31, 2011.

Highlights of the report include:

Loot was taken in 88 percent of the incidents, totaling more than $7.5 million.
Of the loot taken, 20 percent of it was recovered. More than $1.7 million was recovered and returned to financial institutions.
Bank crimes most frequently occurred on Friday. Regardless of the day, the time frame when bank crimes occurred most frequently was between 9:00 a.m. and 11:00 a.m.
Acts of violence were committed in 4 percent of the incidents, resulting in 24 injuries, three deaths, and 18 persons taken hostage.3
Demand notes were the most common modus operandi used, closely followed by oral demands.4
Most violations occurred in the Western region of the U.S., with 353 reported incidents.

These statistics were recorded as of April 22, 2011. Note that not all bank crimes are reported to the FBI, and therefore the report is not a complete statistical compilation of all bank crimes that occurred in the U.S.

The Heat Reporter
The Heat Reporterhttp://theheatmag.com
Known in entertainment circles as "LA Dre", the Editor of The Heat Magazine works tirelessly to bring you the latest & greatest in entertainment news. He spent years in the industry & now brings some of that insider knowledge to his readers.
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