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1981: Tucson Bank Robbery Marks Biggest Heist in History at the Time


In 1981, a group of masked gunmen pulled off a $3.3 million bank heist in Tucson, Arizona, making it the biggest bank robbery in American history at the time. The robbers threatened to kill the bank manager’s family and escaped with the day’s receipts from various branches in the Tucson area. The FBI identified four suspects believed to be part of a gang from Iowa. The mastermind, David Lee Grandstaff, along with his accomplices, had a history of robbery, including a jewelry store heist in Phoenix. Despite the arrest of Grandstaff and Brown, the two were acquitted due to questionable FBI tactics. Journalist Debra Weyermann delved into Grandstaff’s story in her book, “The Gang They Couldn’t Catch,” exploring the legacy of high-profile robberies associated with the group. This notorious bank robbery remains a significant event in American criminal history.

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