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Why the Holland Village robbery doesn’t make financial sense
By Riches That Stick  •  July 11, 2016
Wow… so huge news. Someone successfully robbed a bank in Singapore and there’s going to be a manhunt. A manhunt as in a hunt for a criminal. This is really rare in Singapore. I mean, this is so rare that the first image for manhunt Singapore on Google returns me this: Lots of people are commenting that the criminal got away with essentially free money since he managed to rob the bank in broad daylight with just a note. So let’s  use some calculations to determine how well the robber actually did.

Comparing the statistics of bank robbery

So according to The Straits Times, the robber made off with S$30,000. And the last time a similar robbery happened was in 2004 where a guy with a fruit knife(?!) made off with S$37,000. American robbers actually do much worse, only getting $10,025 (S$13,518) on average, according to ......
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By Riches That Stick
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