Bank robberies are becoming increasingly rare in the United States, with a staggering 83% decline in incidents over the past two decades, according to FBI statistics. In 2023, only 1,263 bank robberies occurred nationwide, compared to 7,556 in 2004. This dramatic decrease reflects a broader trend: New Jersey reported just 18 robberies in 2023, a 90% drop from the 194 reported in 2008, showcasing a significant shift in criminal activity.
Experts attribute this decline to several factors, including improved bank security measures, increased use of surveillance technology, and a societal shift towards cashless transactions. For example, in 2022, Denmark saw virtually no bank robberies, a trend echoed by experts who suggest that criminals are now more likely to target businesses that still rely heavily on cash. With the average stolen amount per robbery dipping below $10,000, banks are becoming less attractive targets, compelling police to adapt and employ new strategies for apprehending suspects, as seen in a recent case in Princeton.
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