Bank teller who vanished with $215,000 in stolen cash 52 years ago is finally tracked down to a Boston suburb - but he's dead: Made off with equivalent of $1.7m, became a golf pro and sold luxury cars before dying of cancer

Daily Mail ^

[outpostinmass2]

A man who worked as a bank teller in Cleveland and robbed his employer of $215,000 52 years ago has finally been unmasked by US Marshals - six months after he died.

Theodore John Conrad died at the age of 71 in a north Boston suburb in May of this year, having turned his hand to selling luxury cars as a career, and later ending up broke. His wife Kathy and daughter Ashley only found out their father's secret during his final days, as he succumbed to cancer.

Conrad successfully pulled off one of the biggest bank robberies in Cleveland, Ohio history making off with what would now be the equivalent of more than $1.7 million in today's money. He did it all from the inside as he walked into his job as a teller at the Society National Bank in Cleveland, where he had access to hundreds of thousands of dollars in cash every single day.

Conrad told pals that stealing from the bank would be very easy - and later made good on his promise after walking out on it with a huge stash of cash one Friday evening.

[steve86]

“Easier way to steal money. Start up a “green company”....”

Yep, happened in my small town. A biodiesel scam.

[Billthedrill]

Huh - Willie Sutton was right. That is where the money is.

[Lonesome in Massachussets]

He went bankrupt in 2015. You can live day-to-day on cash, even more so in 1969, without drawing too much attention to yourself. You need a savings account and checking account to live normally. I suppose there are a lot of ways of laundering money, and he figured out one that worked.

[Lonesome in Massachussets]

Willie Sutton went to jail. He blamed his accomplices. The problem with accomplices was women. Guys would rob a bank, and then blab to women to show off, and when they inevitably got the women ticked off, the women would go to the cops.

[Impy]

The American Dream.

[x]

Reminds me of Sam Spade's Flitcraft story that begins:

Flitcraft was a real-estate agent in Tacoma, Washington. He had a comfortable life: a wife, children, a good income, money in the bank, regular four-o’clock golfing outings. Then one day he disappeared. He just walked out of his office and never came back. As Spade puts it: ‘He went like that … like a fist when you open your hand.’ What had happened that day in Tacoma was simple. On his way to get lunch Flitcraft narrowly avoided being killed by a beam falling from a nearby unfinished building. Having lived a life of order and responsibility he now realized that none of it mattered and that life could end at any moment. He adjusted to his new knowledge by leaving that afternoon. ...

Conrad/Randele walked off with a lot of cash, but like Flitcraft in the story, he eventually settles back into his old routine, only in a new city under a new name.