Loose Change

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Loose Change

On the doorstep, . . .Loose Change has reported on bank robberies, which are mostly failures and often ludicrous, across the globe throughout the years. But last week, staffers did not have to look any farther than the retail J.P. Morgan Chase bank right next door. Alleged perpetrators hit the Union Square branch last week, though if reports can be believed, the news is not surprising. Fueled by so-called "note jobs," in which a lone man demands money from a teller without showing a weapon, the number of bank robberies in New York has risen steadily since January. As of May 4, there have been 199 bank robberies in New York so far this year, a 300% increase.

 

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