2nd May 1990- London, UK: £292 million. John Goddard was a 58 year old messenger working for broker Sheppards, who was mugged whilst carrying a briefcase on a quiet London side street. However, the contents of that briefcase contained £292 million in bearer bonds. Goddard was delivering Bank of England Treasury bills from banks and building societies. Due to the nature of bearer bonds, whoever is carrying them is deemed the owner. They are as good as cash. He was held at knifepoint, whilst his assailant made off with 301 Treasury bills, most valued at £1 million each. Keith Cheeseman was arrested in connection to the crime and received a 6 and a half year sentence. Police believe that the mugging was carried out by Patrick Thomas, but he was found dead of a gunshot wound to the head before he could be charged. All but 2 of the bonds were recovered after police and the FBI infiltrated the gang responsible. It’s amazing that the second largest robbery in history was carried out by a low level thief brandishing only a knife on an insignificant back street.
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