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Natty Bandits Net $3 Million in Italy

January 14, 1988|Associated Press

MILAN, Italy — Six elegantly dressed bandits in three luxury cars ambushed an armored car on a busy Milan avenue Wednesday and escaped with 3.5 billion lire in cash, police said.

The currency, worth nearly $3 million, was being transferred from the Bank of Italy headquarters to post offices for the payment of pensions.

One of the bandits' cars rammed the armored van, sending it crashing against a cement pillar and springing open a door.

The robbers, toting pistols and submachine guns, grabbed 19 bags filled with cash as they held two guards at gunpoint. Minutes later, they sped off in the undamaged cars.

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