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Page A18, August 15, “1979 North Shore News ne “oe . mo A

Increase i in
U.S. bank
robberies |

There's a ‘virtual epidemic

of them in New York City.“

But even bank tellers in
peaceful Portland, Oregon
are. getting more, stickup
artists at their windows these
days. Bank robberies, like
inflation, are on the rise in
the U.S.

The FBI predicts there
‘will be an increase of 13
percent in bank holdups this
year alone and lots of the
finger-pointing is at the sad
shape of the economy.

“It’s definitely tied to the
economic~ situation,”
Gene Scrum, head of

security for the Cleveland ©

Trust Co., Ohio’s largest
bank. “As the economic
situation worsens, bank
robberies seem to increase.”

\

In Raliegh, N.C.,
however, FBI agent Herbert
Monahan Jr. scoffs at such
theories: “Most people who
sob banks don’t work, they
rob banks for employment.”

The number of holdups is
running well ahed of last
year and the FBI expects
more than 6,000 bank
robberies will occur by Sept.
20, the end of the current
fiscal year. That compares
with 5,300 bank holdups in
fiscal 1978.

In New York City, more
than 450 robberies were
seported through July alone,
when a one-month record of
125 holdups was set. In fact,
on one day early this month,
14 banks were held up. In all
of 1978, there were only 358
bank robberies.

“Usually an increase like
this will fit in with a
secession for economic
slowdown,” _ said special
agent Joseph MacFarlane of
the FBI's New York office.
“In 1975, we experienced the
same thing.” ;

' FBI officials in Portland
said bank robberies have
increased dramatically in the
past two years. There have
been 69 holdups so far this
gear and 95 in 1978. In 1977,
there were only 62 for the
entire year.

Some bank officials and
law enforcement authorities
say the increase in the
number of bank branches
nay be almost as important
a factor as the recession.
There are now 90,000 bank
Wfices in the nation,
xompared to only 67,000
sranches in 1973.

“The branches fre being __

wit in the most convenient

atract customers,” said FBI
pokesman Dave Cassens at
he agency's national
wadquarters in Washington,
dC. “If it’s convenient for a
usiomer to get in and out,
's going to be easy for the
obber as well.”

Many large cities report
‘0 «increase in holdups.
‘olice in Boston,
‘hiladelphia, Pittsburgh and
Vashington, D.C., said the
amber of bank robberies
"iS year is at, or below, the
tte in recent years.

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