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Despite Economy, Hoosier Bank Robbery Numbers Drop

Last updated on Friday, October 31, 2008

(INDIANAPOLIS) - When the economy goes sour, there’s an increase in bank robberies. Or is that a myth?

FBI Special Agent Wendy Osborne says Indiana's bank robbery statistics don't support that claim. Osborne says since July first there have been only 27 bank robberies in Indiana compared to 63 for the same time period last year when the economy was in much better shape.

She says there's really no pattern to link the number of bank robberies to the state of the economy. That's because most people who commit bank robberies don't intend to use the money to pay overdue mortgage bills or rid themselves of credit card debt. Instead, they're using it to buy drugs or for other illegal purposes.

Special Agent Osborne says banks do what they think is necessary to keep their branches secure without making customers feel uncomfortable which may or may not involve the presence of an armed security guard.

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