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Trace Evidence

116 - The NY Transit Authority Heist

Trace Evidence

Steven Pacheco

True Crime, Documentary, Society & Culture, History

4.74.2K Ratings

🗓️ 3 June 2020

⏱️ 56 minutes

🧾️ Download transcript

Summary

In July of 1979 a group of brazen and sophisticated thieves orchestrated one of New York’s largest, unsolved heists by hitting the most secure room in the state: The New York Transit Authority’s Money Room.

The room contained millions of dollars in cash exchanged for subway tokens, picked up by special money trains throughout the city. All told, the thieves walked away with $600,000 utilizing a flaw in the impenetrable room’s security which had been ignored by those charged with protecting that money.

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Sources: https://www.trace-evidence.com/transit

Transcript

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0:00.0

A complex system of subway cars carried the responsibility of receiving and transporting

0:13.6

all money from subway stations throughout the city of New York and surrounding burrows.

0:19.4

All money was transferred to a so-called money room, the most secure room in the state,

0:24.7

until 1979.

0:27.3

And what has been described as the perfect crime, an unknown number of individuals managed

0:32.0

to walk away from the secured second floor of the Transit Authority's J Street Building

0:37.1

in Brooklyn, with $600,000 in cash undetected.

0:42.7

Despite extensive investigations combined between the Transit Police, New York Police, and

0:47.6

FBI, the individuals responsible managed to allude them all.

0:52.8

Who was responsible for the flawlessly executed heist showing no force and causing no damage?

0:59.0

Was it an inside job?

1:00.7

And if so, how did the thief or thieves manage to escape with all of that money never being

1:06.0

caught?

1:07.2

This is Trace Evidence, Episode 116, the New York Transit Authority Heist.

1:21.2

Welcome to Trace Evidence.

1:22.7

I'm your host, Stephen Pacheco.

1:25.2

Today, we're examining an unsolved heist from New York in 1979, before getting into

1:31.3

the case just a few notes about the show.

1:34.7

Trace Evidence is a weekly true crime podcast focused on unsolved murders and disappearances.

1:40.6

You can follow the show on social media on Twitter at Trace Ev Pod, Instagram at Trace

1:46.4

Evidence Pod, or by searching Facebook for Trace Evidence.

1:50.6

The show is also on me, we and minds.

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