Heist! 
The $17 Million Loomis Fargo Theft

Jeff Diamant

Heist! The $17 Million Loomis Fargo Theft


978-0-89587-321-7
0-89587-321-4
$14.95 paperback
6" x 9"
256 pages
black-and-white photographs

In 1997, an amateurish group of thieves pulled off the second-largest cash heist in America’s history. Their antics conjure up comparisons to novels by Elmore Leonard and Carl Hiassen, but even those authors could not invent such wacky behavior.

Although the actual perpetrator, Loomis Fargo truck driver David Ghantt, was captured on tape as he methodically wheeled money from the vault into a van for a whole hour, it took several days to determine that he had stolen $17 million. The company had to chisel its way inside the vault, as Ghantt had set its security timer so it couldn’t be opened for days.

Unhappy with his life and marriage, Ghantt had been coaxed into a life of crime by Kelly Campbell, a former Loomis Fargo co-worker. The plan was for Ghantt to escape to Mexico and await Campbell, who would join him there with the rest of his share of the stolen money. After depositing the loot with other accomplices, Campbell and Ghantt drove to Columbia, South Carolina, so Ghantt could catch a plane to Mexico. Apparently unaware of the need to plan an escape completely, the couple arrived at the airport only to learn that it was closed for the night. A flustered Ghantt then took a four-hour cab ride to the Atlanta airport, which eventually led him to Mexico.

Meanwhile, back at home, the bungling continued. The thieves were forced to leave $3.3 million behind because they didn’t bring enough 55-gallon storage drums. Two days later, gang member Michele Chambers walked into a bank with a suitcase full of money and asked how much she could deposit without the bank’s having to file a report. She deposited $9,500, but a report of suspicious activity was filed anyway. It would take several months for that report to wind its way through the bureaucracy.

Back at their mobile home, Michele and her husband, Steve, the mastermind of this strange gang, decided to purchase a $635,000 home less than 30 miles from their current abode. To furnish their new home, the Chamberses went on a spending spree that included a six-foot-tall wooden Indian, a large oil painting of dogs in military clothes, two bronze statues of nude men, a white porcelain statue of three nude women, a sculpture of a headless man, a ceramic white elephant, gold-framed oil paintings of zebras, naked-women bookends, and a statue of a fat chef. The couple replaced the raw-silk stair runner on the home’s impressive staircase with a snappier tiger-skin look. They also bought several large-screen televisions, a $10,000 pool table, a grand piano that no one in the home could play, and several tanning beds.

Meanwhile, down in Mexico, David Ghantt was repeatedly calling for more money. He soon learned that Steve Chambers had paid someone to kill him, so the man who actually stole the money spent most of his time alone in his hotel room, eating M&M’s, listening to the Eagles, smoking Marlboro Lights, and reading comic books. When the authorities finally found him, Ghantt gratefully said, “Please tell me you’re an FBI agent.”

Four years after the heist, the FBI had arrested and convicted 24 people and located or accounted for 95 percent of the money, but the folklore surrounding the gang that couldn’t steal straight lingers. In this book, Jeff Diamant uses his inside knowledge as lead reporter on the story for the Charlotte Observer to fill in all the hilarious details of a story that has been featured on ABC’s 20/20, America’s Most Wanted, America’s Dumbest Criminals, and Discovery Channel’s “The Unperfect Crime.”

about the author
Jeff Diamant also wrote a story based on this heist for the Washington Post’s “Sunday Style” section.  After graduating from Yale University, Diamant worked for the Connecticut Post, the Associated Press, and the Palm Beach Post, as well as the Charlotte Observer. Since January 2000, he has been with the Star-Ledger in New Jersey.

 

 

 


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