Federal authorities have released more details and unsealed charges in the theft of more than 2 million dimes earlier this year from a tractor-trailer that had picked up the coins from the U.S. Mint in Philadelphia.
The truck driver was bound for Miami when he pulled into a parking lot to sleep on April 13. During the night, thieves made off with a portion of its cargo of $750,000 in dimes, a shipment weighing about six tons, authorities had said earlier.
Thousands of coins were left scattered all over the lot in northeast Philadelphia.
The Philadelphia Inquirer reports that prosecutors contend that the theft — which they now say totaled $234,500 in stolen dimes — was part of a spree of robberies from tractor-trailers passing through the region that also netted the thieves frozen crab legs, shrimp, meat, beer and liquor.
Detectives said at the time that surveillance video showed six men, dressed in gray hoodies and armed with bolt cutters, approaching the truck in the middle of the night and breaking into it, then loading the coins into smaller bags and into a waiting truck.
The indictment unsealed Friday alleges that after the theft, thousands of dimes were converted into cash at coin machines in Maryland or through deposits to at least four different suburban Philadelphia banks, the newspaper reported.
Four Philadelphia men — 25-year-old Rakiem Savage, 31-year-old Ronald Byrd, 30-year-old Haneef Palmer and 32-year-old Malik Palmer — face conspiracy, robbery, theft of government money and other charges.
Messages seeking comment on the charges were sent Monday to attorneys for Savage and Malik Palmer; court documents don't list attorneys for Byrd and Haneef Palmer, and a message could not be left at a number listed for the latter.
Retailers face tariffs and cost challenges this holiday season. Wells Fargo's Lauren Murphy shares insights on pricing, promotions, and shopping trends.
Dateability, founded by sisters Jacqueline and Alexa Child, is the only dating app for disabled and chronically ill communities, fostering love without limits.
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Andy Baehr, Head of Product at CoinDesk Indices, breaks down crypto’s Black Friday crash, Bitcoin dipping under $100K, and what’s driving the market rout.
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead as Father Time catches up
Chris Marquette of POLITICO breaks down how the FAA is cutting flights and facing a critical shortage of air‑traffic controllers amid the government shutdown.
Dr. Manuele Aufiero, CEO & Co‑Founder of Sizable En a groundbreaking undersea energy‑storage technology powering the global shift to clean, scalable power.
