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HELICOPTER HEIST TRIAL

HELICOPTER

Guilty verdicts for helicopter heist suspects

Several suspects involved in last year’s Hollywood-style helicopter heist of a cash depot south of Stockholm were found guilty on Thursday.

Guilty verdicts for helicopter heist suspects

The suspects allegedly made off with over 39 million kronor ($5.3 million) after storming the banknote storage facility, which they broke into after being dropped from a helicopter.

Only a small fraction of the amount, less than 100,000 kronor, has been recovered.

The 35-year-old pilot was sentenced by the Södertörn district court to seven years in prison for aggravated robbery, as was a 31-year-old man who had entered the G4S cash depot in Västberga south of Stockholm.

The 39-year-old man thought to be the brains behind the planning of the spectacular caper was convicted of being an accomplice to the heist and given a three-year prison sentence.

Prosecutors had argued for the maximum penalty of ten years in prison.

A 32-year-old man who helped procure mobile phone SIM cards was sentenced to five years in prison as an accessory to aggravated robbery, as was a 33-year-old man who provided the gang with explosives to blast its way into the depot.

The man who rigged a fake traffic accident which was supposed to give the helicopter an alibi was sentenced to two years in prison. And a 38-year-old charged for having recruited the pilot was convicted of protecting a criminal and handed a 1-year prison sentence.

Altogether, seven of the ten men originally charged for their role in the heist were convicted. Two men accused of laying metal caltraps on the road to impede police response to the robbery were released, as was a man charged for having placed fake bombs at a police heliport.

The three men acquitted in the case were released the day after the conclusion of the trial, which ended on September 9th.

Early on September 23, 2009, three masked, armed men were dropped onto the

roof of the G4S banknote facility in southern Stockholm by a stolen helicopter.

The men then smashed a window and blasted their way through the building using explosives before exiting the building several minutes later with sacks of cash.

The robbers carried out the raid with 21 workers present in the centre.

The police were hindered because a bag marked with the word “bomb” had been previously placed at the police helicopter base. They had previously been tipped off by police, in Serbia, where some of the thieves had connections.

The first of the men and a section of the loot were deposited in the Draget district in the Norsborg suburb, before a second drop-off was made at Kånanbadet beach in the Bromma area.

The abandoned helicopter was later found in Skavlöten to the north of Stockholm.

In July, the court charged 10 men on suspicion of aggravated theft and aggravated robbery in connection with heist.

The 35-year-old pilot had a successful career, as well as a house, wife, and children. But behind the veneer of the successful family man, the man hid years of drug abuse. He claimed that he went into relapse on the night of the robbery, resulting in a hazy recollection of the evening’s events.

The 31-year-old who was armed with a machine gun inside the cash depot, together with two other men whom the police have not yet been able to apprehend, confessed shortly after the start of the trial that he is one of the men visible on surveillance camera footage taken from inside the building on the night of the robbery.

The man attributed his August 9th confession, which came after several weeks of steadfast denials, to a sense of compassion for the victims of the heist. However prosecutors argued it likely had to do with the fact that traces of the 31-year-old’s DNA were found in several locations at the crime scene.

The 39-year-old mastermind of the heist was caught after Serbian police recorded conversations he had with a known figure from the Stockholm underworld currently residing in Serbia.

The stylish 39-year-old explained his conversations about recruiting a pilot as having to do with finding a crane operator to carry out work on an illegal building project.

“I called the crane operator ‘the pilot’ because he wore a pilot’s jacket and sunglasses and looked like Tom Cruise in Top Gun,” the 39-year-old told the court.

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COST OF LIVING

Could coronavirus end Austria’s love affair with cash?

Along with the rest of German-speaking Europe, cash payments have remained stubbornly popular in Austria. But with card payments on the rise due to the pandemic, could that be set to change permanently?

Could coronavirus end Austria’s love affair with cash?
Austria loves cash, but will the pandemic change all that? Photo: ALEX HALADA / AFP

Unlike Scandinavia, the Benelux countries or the British Isles, German-speaking Europe remains keen on cash. 

For a number of historical reasons, cash is still king in Austria, Germany and much of Switzerland – or at least until the onset of the coronavirus pandemic. 

Austria loves cash so much that it tried to make a right to cash payments part of the constitution in 2019. 

READ MORE: Austria's love of cash in poll campaign spotlight 

While the effort ultimately failed, it showed just how much Austria loves that cold, hard stuff. 

A pre-pandemic study showed that Austria are the kings of cash, with 83 percent of Austrians using cash regularly, compared with 75 percent of Germans and 71 percent of Swiss. 

This is compared with card leaders such as Sweden, where cash is expected to disappear completely by 2030. 

The number of domestic card payments increased by 20 percent in 2020 in Austria, rising from 900 million payments to 1.1 billion, according to Payment Services Austria (PSA). 

In the same period, foreign card transactions also increased in Austria in 2020, crossing the 1.2 billion mark for the first time. 

Contactless and mobile payments are also experiencing a dramatic rise in Austria. 

Similar trends have been observed in Germany and Switzerland, leading many to ask whether the shift is set to become permanent. 

Money, cash, woes?

Concerns over the cleanliness of cash and a desire to avoid trips to the ATM have been flagged as a major reason for the change. 

The number of cash withdrawals from ATMs in Austria fell significantly, from 137 million to 100 million in 2020. 

Contactless payments increased by 34 percent in 2020 compared to 2019, according to PSA. 

READ MORE: Could coronavirus end the Swiss love affair with cash? 

In March 2020, Austria also made it easier to pay with contactless cards by increasing the maximum amount to be paid without entering a pin from €25 to €50. 

Retailers pushed for the change in a bid to reduce the risk of coronavirus transmission and the limit looks to remain in place for the foreseeable future. 

According to the PSA, the card is here to stay, even when and if life returns to normal after the pandemic. 

Harald Flatscher, Managing Director of PSA, said “the steady upward trend also shows how much the use of the card has become part of people's everyday lives.”

A permanent shift to card?

There are however signs that the trends might be temporary. 

While 2020 saw an increase in card payments, it actually saw a decrease in the amount spent overall, which could amount to a temporary trend. 

Another big change is the lack of tourist traffic, making it hard to determine if any shift is actually permanent.  

READ MORE: Will the coronavirus pandemic speed up the end of cash in Germany? 

Writing in Austria’s Der Standard on Wednesday, January 27th, Muzayen Al-Youssef outlined the concerns of many Austrians when pointing to the traceability of card. 

“Transparency also has consequences. Think, for example, of so-called credit scoring, in which the creditworthiness of a customer is calculated based on the available data,” he said.

“If you drink too much alcohol, in extreme cases you could suddenly no longer finance your own apartment.

“Does a bank really always have to know when – and, by the way, where – its customers bought sex toys, alcohol or cigarettes?”

 

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