Man Steals Nearly $200,000 In Quarters
The coins were being held at a Brink's facility in Alabama when an employee decided to turn into a thief.By Stephanie Liebergen | March 8, 2016
An Alabama man admitted to stealing thousands of dollars from the federal government — in quarters.
Brink's in Birmingham, Alabama, stores cash and coins for the Federal Reserve Bank of Atlanta. Quarters are kept in ballistic bags, with each one containing $50,000. During an inventory check in April 2014, officials realized $196,000 in quarters was missing.
Stephen Lancaster Dennis worked for Brink's in 2014. He stole the money by taking all but $1,000 in quarters from each bag, and he replaced the missing coins with beads. The coins he didn't steal were specifically placed in view of the bag's plastic window.