South Jersey bank says cannabis cash nicked from armored car firm vault that held $9.5 million
An investigation is underway into the apparent theft of cash from a vault that held $9.5 million for “cannabis-related customers,” a local bank has disclosed.
Parke Bank said the size of the loss is not known at this time, but its CEO and president described the sum as “significant.”
“It is difficult to protect against all bad acts of individuals intent on doing harm to the bank or our customers,” said Vito Pantilione, who also heads the bank's parent firm, Parke Bancorp Inc.