One Man Managed to Steal Over $17 Million in Cash and Walked Away Without a Penny

Loomis Fargo & Co. is synonymous with the armored cars that transport large amounts of cash between banks in Charlotte, North Carolina.

The armored vehicles were designed to deter thieves from stealing the money, but no one realized that the real threat came from within the company, until it was too late…

Being a Supervisor Didn’t Pay Well

David Ghantt was the vault supervisor for Loomis, Fargo & Co. armored cars in 1997. It didn’t take him long to realize that fancy titles like supervisor didn’t necessarily come with a great wage.

But, with the help of his new co-worker, he was about to change that.

He Handled Money, But He Was Broke

Ghantt worked for a company that was in charge of transporting large wads of cash from one bank to the next in North Carolina. So, he was used to seeing millions of dollars day in and day out.

Unfortunately, his personal account was dry, but it wouldn’t be for long.

He Was Overworked and Underpaid

Everyone has a breaking point, even Ghantt, and it was easy to see why. He was working between 75 and 80 hours a week, but was only earning a measly $8.15 per hour.

But his earnings, or lack thereof, wasn’t the only tipping point that led him to do what he did.

He Wanted to Change His Unhappy Life

Ghantt didn’t have a regular home life because he spent most of his waking hours working. Almost every moment of his life was spent thinking about his job. This quickly made him really depressed and unhappy.

For years he put up with his strenuous schedule without ever considering doing something extreme to change his life. It was only a matter of time before he snapped.