« Alumini creates Web software for monitoring procrastination | Main | Analysis- Advance »

Brazil biggest bank robber gets 50 years in jail

The leader of the gang that pulled off Brazil’s biggest bank robbery has been sentenced to nearly 50 years in jail, a court official said Thursday, reports Yahoo news.

Antonio Jussivan Alves dos Santos was sentenced to 49 years and two months on charges for money laundering, theft and racketeering, among other crimes.

Arrested Feb. 25, Alves had led his gang through a 260 feet to reach the vault of the Central Bank branch in Fortaleza a city of northern Brazil robbed an equivalent of $70 million.

Eleven other gang members have been convicted and more than half the money stolen is still missing