Pizza Hut Employees Arrested In Robberies At The Chain
Maybe they just wanted a little extra pepperoni.
Pizza Hut restaurants in the South have been hit by recent robberies, with incidents occurring in both Kentucky and North Carolina. A Louisville Pizza Hut branch was raided on Sept. 11 and, according to local media outlet WDRB, the caper wasn't a hard one to crack.
Thirty-four year old Donnie Lee Harris was the only worker on site with access to the safe at the time when $2,600 was lifted. Three days after the cash vanished, he was questioned by police. He fessed up to the robbery.
A North Carolina Pizza Hut was the site of a robbery last month, when two people wearing bandanas over their faces entered a Pizza Hut in Shallotte at around 11 p.m. on Aug. 12, according to The Myrtle Beach Sun News. Holding up the assistant manager, the assailants left the branch with an amount that has yet to be disclosed.
The police investigation soon were led to Pizza Hut employee Louis Damone Knight, 36. Knight has been charged with driving the getaway vehicle, and is one of six said to be in on the conspiracy. Three men and three women are being charged with robbery, second-degree kidnapping and felony conspiracy, among other charges. All six are currently jailed while awaiting their day in court, with bail ranging from $20,000 to $100,000.
The robberies might be a public relations problem for the fast-food pizza chain, but in terms of pure numerical loss, they hardly compare to the current crisis going at UBS. The Swiss bank is confronting its own robbery scheme, which also was allegedly perpetrated by an employee of the company. London police have charged 31-year-old trader Kweku M. Abdoli with fraud after $2 billion were lost in unauthorized trades.
Reports say that the trades go back as far as 2008, raising new questions over the bank's risk-management process, says a post on The New York Times blog, DealBook. The financial world has been mystified by the fraud since UBS uncovered it this week. Abdoli had been focusing on relatively low-risk derivatives, but one trader in London who did not want to be named told DealBook: "He must have worked with leverage or futures, otherwise it's almost impossible to make such a big loss,"
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Dan Fastenberg has more than a decade of experience working as a journalist. Most recently he was a reporter with TIME Magazine covering politics with analyst Mark Halperin. Previously, he was a writer for the Thomson Reuters news service's Latin America desk. He was also a reporter and associate editor for the Buenos Aires Herald while living in South America. Follow Dan on Twitter. Email Dan at firstname.lastname@example.org. Add Dan to your Google+ circles.more...