The Great Brinks Robbery of 1950

From the New England Historical Society:

The Great Brinks Robbery was the biggest armed robbery in U.S. history at the time. Thieves vanished after stealing $2.7 million, leaving few clues. It was almost the perfect crime. Almost.

It happened on Jan. 17, 1950 at the Brinks Armored Car depot in Boston’s North End. The gang of 11 that stole the money after two years of meticulous planning almost got away with it. They failed because they fell out over the division of the spoils. Police arrested all of them five days before the statute of limitations ended.

The Brinks Robbery

The idea for the heist came from Joseph ‘Big Joe’ McGinniss, but career criminal Anthony ‘Fats’ Pino. McGinness masterminded the crime. Pino also recruited a gang to watch the depot for 18 months to figure out when it held the most money.

The gang stole plans for the depot’s alarm system, and then returned them undetected. They also removed the cylinders from locks, one by one, and had a locksmith duplicate the keys. Planning for the Brinks robbery took two years and included six failed attempts.

The gang wore outfits similar to Brinks uniforms – Navy pea coats and chauffeur’s caps – and rubber Halloween masks. At 6:55 p.m. on Jan. 17, 1950, seven of the gang members entered the counting room. They surprised the five employees and bound and gagged them face down on the floor.

The thieves cleaned out everything except the General Electric payroll. It took them only 35 minutes to load 14 canvas bags with a half ton of cash, coins, checks, securities and money orders. Two of the gang members waited outside in the getaway truck.

3 Clues

They left but three clues: a chauffeur’s cap, the adhesive tape used to gag the Brinks employees and the rope used to tie them up. No one was hurt. The thieves divided up some of the loot and promised each other they wouldn’t touch the money for six years so the statute of limitations would run out. Then they split up to establish alibis.

They almost made it. Investigators had few leads and little solid evidence. Law enforcement officers interviewed hundreds of people who lived and worked near the Brinks depot and questioned known criminals. According to the FBI, “in the hours immediately following the robbery, the underworld began to feel the heat of the investigation.”

Police picked up and questioned well-known Boston hoodlums. From Boston, the FBI quickly spread the pressure to other cities.

“Veteran criminals throughout the United States found their activities during mid-January the subject of official inquiry,” the FBI reported.

The robbers’ truck was found cut to pieces in Stoughton, Mass., but it didn’t offer many clues. The FBI was flooded with unhelpful tips.

The Rat

One gang member blew it for all of them. Joseph ‘Specs’ O’Keefe left his loot with another member when he served a prison sentence for a different crime. While behind bars, he wrote angry letters to his cohorts demanding money and suggesting he might talk.

When O’Keefe got out of prison, Fats Pino sent a hit man to kill him. The hit man shot at O’Keefe with a machine gun in the Dorchester section of Boston. O’Keefe escaped with minor wounds and made a deal with the FBI to testify against the gang. All eight were caught and convicted. Two died before they were tried.

Police recovered only $58,000 of the $2.7 million stolen. The crime inspired at least four movies and two books, including The Story of the Great Brink’s Robbery, as Told by the FBI.

The Great Brinks Robbery of 1950: Not Quite the Perfect Crime

The History.com website had some added details:

Eight of the Brink’s robbers were caught, convicted and given life sentences. Two more died before they could go to trial. Only a small part of the money was ever recovered; the rest is fabled to be hidden in the hills north of Grand Rapids, Minnesota. In 1978, the famous robbery was immortalized on film in The Brink’s Job, starring Peter Falk.

https://www.history.com/this-day-in-history/brinks-armored-car-depot-robbery-boston-1950

Lastly, Wikipedia had additional details which may or may not be true at this point.

Planning

The robbery was first conceived in 1947; however, in 1948, after months of planning, the group learned that Brink’s had moved to a new location. While the theft was originally intended to be a burglary, rather than an armed robbery, they could not find a way around the building’s burglar alarm. After observing the movements of the guards, they decided that the robbery should take place just after 7 pm, as the vault would be open and fewer guards would be on duty. Over a period of several months, the robbers removed each lock from the building and had a key made for it, before returning the lock. Two vehicles were stolen: a truck, to carry away the loot from the robbery; and a car, which would be used to block any pursuit. Vincent Costa was the group’s lookout, and signaled with a flashlight from a nearby rooftop when he saw the vault being opened. After five aborted runs, Costa finally gave the go-ahead on the night of January 17, 1950.

Robbery

Seven of the group went into the Brink’s building: O’Keefe, Gusciora, Baker, Maffie, Geagan, Faherty, and Richardson. They each wore a chauffeur cap, pea coat, rubber Halloween mask, and each had a .38 caliber revolver. At 7:10 pm, they entered the building and tied up the five employees working in the vault area. They spent about twenty minutes inside the vault, putting money into large canvas bags. Approximately a million dollars in silver and coins was left behind by the robbers, as they were not prepared to carry it. The total amount stolen was $1,218,211 in cash and $1,557,183 in checks and other securities. By 7:37, one of the Brink’s employees managed to free themselves and raise the alarm.

Investigation and falling out

Immediately following the robbery, Police Commissioner Thomas F. Sullivan sent a mobilization order for all precinct captains and detectives. Thirteen people were detained in the hours following the robbery, including two former employees of Brink’s. Brink’s, Inc. offered a $100,000 reward for information leading to the arrest and conviction of those involved in the robbery, with an additional 5% of recovered cash offered by the insurance company. Director of the Federal Bureau of Investigation, J. Edgar Hoover, took over supervision of the investigation.

The only physical evidence left at the crime scene was a cap and the tape and rope used to bind up the employees. Most of the cash stolen was in denominations of $1 to $20, which made it nearly impossible to trace the bills through serial numbers. Any information police could get from their informers initially proved useless. The truck that the robbers had used was found cut to pieces in Stoughton, Massachusetts, near O’Keefe’s home.

In June 1950, O’Keefe and Gusciora were arrested in Pennsylvania for a burglary. O’Keefe was sentenced to three years in Bradford County Jail and Gusciora to 5-to-20 years in the Western State Penitentiary at Pittsburgh. Police heard through their informers that O’Keefe and Gusciora demanded money from Pino and MacGinnis in Boston to fight their convictions. It was later claimed that most of O’Keefe’s share went to his legal defense.

FBI agents tried to talk to O’Keefe and Gusciora in prison but the two professed ignorance of the Brink’s robbery. Other members of the group came under suspicion but there was not enough evidence for an indictment, so law enforcement kept pressure on the suspects. Adolph Maffie was convicted and sentenced to nine months for income tax evasion.

After O’Keefe was released, he was taken to stand trial for another burglary and parole violations and was released on a bail of $17,000. O’Keefe later claimed that he had never seen his portion of the loot after he had given it to Maffie for safekeeping. Apparently in need of money he kidnapped Vincent Costa and demanded his part of the loot for ransom.

Pino paid a small ransom but then decided to try to kill O’Keefe. After a couple of attempts he hired underworld hitman Elmer “Trigger” Burke to kill O’Keefe. Burke traveled to Boston and shot O’Keefe, seriously wounding him but failed to kill him. The FBI approached O’Keefe in the hospital and on January 6, 1956, he decided to talk.

On January 12, 1956, just five days before the statute of limitations was to run out, the FBI arrested Baker, Costa, Geagan, Maffie, McGinnis, and Pino. They apprehended Faherty and Richardson on May 16 in Dorchester. O’Keefe pleaded guilty January 18. Gusciora died on July 9. Banfield was already dead. A trial began on August 6, 1956.

Eight of the gang’s members received maximum sentences of life imprisonment. All were paroled by 1971 except McGinnis, who died in prison. O’Keefe received four years and was released in 1960. Only $58,000 of the $2.7 million was recovered. O’Keefe cooperated with writer Bob Considine on The Men Who Robbed Brink’s, a 1961 “as told to” book about the robbery and its aftermath.