Monday, January 02, 2006

Steals $16 million, Serves 14 Months

An Edmonton former bank manager, Nick Lysyk, is free on parole after serving 14 months of his 88 month sentence for robbing the Bank of Montreal of $16,335,000. [Canadian Press]

He'd set up 64 phony loans until he was caught in 2002. The bank seized $5 million in cash and assets.

Hmm. That leaves some $11 million unaccounted for. Think Mr Lysyk has it squirreled away somewhere warm and cozy? You can bank on it.