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4 men broke into a truck and stole millions of dimes worth $234,500, federal authorities say

Oct 24, 2023, 12:43 IST
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More than 2 million dimes were stolen from a truck heading to Miami in April, authorities said.Douglas Sacha/Getty Images
  • Four men have been charged with conspiring to steal $234,500 worth of dimes from a truck.
  • They also stole crab legs, tequila, and beer from other trucks earlier this year, per officials.
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Four men in Philadelphia stole more than 2 million dimes worth a total of $234,500 from the US Mint, according to federal authorities.

Rakiem Savage, 25, Haneef Palmer, 30, and Malik Palmer, 32, face charges of robbery, theft from an interstate shipment, and theft of government money, per a seven-count indictment unsealed on Friday.

The trio, along with a fourth suspect, Ronald Byrd, 31, have been charged with conspiring to commit theft, aiding and abetting the theft, and keeping the stolen goods.

The quartet carried out a series of tractor-trailer heists, stealing frozen crab legs, shrimp, tequila, and other goods from trucks earlier this year, prosecutors said.

They would then attempt to sell the items online, prosecutors added.

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In April, the four men topped off their brazen escapades by robbing a truck transporting more than 7.5 million dimes worth around $750,000, per investigators.

The driver, who was sending the dimes from the US Mint in Philadelphia to Miami, had parked the truck outside a Walmart to get some sleep, authorities said.

The heist crew, dressed in gray hoodies, used bolt cutters to access the truck, then broke open the pallets of dimes inside, local police said at the time.

Each pallet contained about $50,000 worth of coins, but they were too heavy for the thieves to move, so the men decided to stuff the coins into smaller bags, per police.

Aerial footage showed thousands of coins spilled across the Walmart parking lot as the men made their getaway with around a third of the dimes. That many coins would have weighed over 11,000 pounds, prosecutors said.

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The group then tried to redeem a few thousand dollars worth of coins in banks across Philadelphia and convert them at Coinstar machines in Maryland, prosecutors said.

However, most of the stolen coins have yet to be found, authorities said.

If convicted of all charges, the four men could spend decades in prison.

Lawyers for Byrd, the Palmers, and Savage did not immediately respond to requests for comment sent outside regular business hours.

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