Theodore John Conrad was a bank teller who stole $215,000 equivalent to $1.72 million today in cash from the vault of a Cleveland bank in July 1969. He was never apprehended or convicted but privately admitted to the crime near the time of his death.
Theodore John Conrad assumed the name of Thomas Randele and lived in Massachusetts for most of his life after the theft. Conrad avoided capture for more than five decades. Shortly after his death, his identity was discovered by the son of one of the original investigators using details from the obituary of Thomas Randele.
How much did Theodore John Conrad steal, and what’s its value today?
Theodore John Conrad career began in early 1969, when he worked at the Society National Bank headquarters at 127 Public Square in Cleveland. He worked in the cash vault as a teller, and his job involved “packaging money to be delivered to Society branches around town. It was a position for a trusted employee.”
According to a summary report compiled years later by the U.S. Marshals Service, “To all appearances, Conrad was that All-American boy whose character was not questioned and seemed to be a model of responsibility during a turbulent time.”
Source: Ghanafuo.com
