Brazilian police have foiled an audacious plot to steal £250m ($331m) from a bank in São Paulo

Foiled $331m Brazil bank robbery through tunnel would have been biggest in the world wp image 2041144947

Brazilian police have foiled an audacious plot to steal £250m ($331m) from a bank in São Paulo via a 500-metre underground tunnel complete with electric lighting and a ventilation system.

Investigators say the gang planned to break into a São Paulo branch of the government-owned Banco do Brasil through the tunnel, which had been dug from a nearby rented property.

“This would have been the biggest bank robbery in the world,” chief investigator Fabio Pinheiro Lopes told the Guardian.

“They are an extremely dangerous and organised gang with a long history, including some violent crimes like homicide. If you look at their ages most are above 35 – well above the age of your average Brazilian criminal,” he added.

Sixteen suspects were arrested at a warehouse on Monday night, where the gang stored tools to dig the tunnel and tracks to remove the money. .
Altogether, police say 20 members of the gang invested $64,000 each for the robbery. Police monitored the group for more than two months.

Authorities believe some suspects were involved with a 2011 robbery in São Paulo of 170 personal safes at a branch of the Itaú bank. .
The tunnel, which allegedly took four months to build, was illuminated and ventilated and supported by wood and iron. Police are looking for a woman who rented the house for the gang using false identity.

The robbery was allegedly planned for Friday or the weekend and seven stolen cars – found at the gang’s hideout – would have been used to transport the money.

Police named Alceu Céu Gomes Nogueira, 35, as the ringleader of the gang and they also accuse him of helping mastermind a huge robbery on a cash storage vault in Paraguay earlier this year, when thieves made off with some $13m after using grenades, explosives and assault rifles. One police officer was killed.

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