Robbers take P50,000 in daytime payroll heist | Inquirer News

Robbers take P50,000 in daytime payroll heist

/ 11:33 PM November 16, 2011

Be doubly careful and discreet.

The police offered this advice to the public after two employees of a construction firm lost the money they had just withdrawn from a bank to two robbers on November 15.

“We advise those making a big transaction to arrange with the bank management a more discreet way of [withdrawing] money,” Senior Superintendent Marcelino Pedroso, Quezon City Police District Station 4 commander, said Wednesday.

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According to him, two employees of Frisco Foundry and Machineries Corp. were on their way back to the office after withdrawing P50,000 from a bank when two men shot the tires of the vehicle they were riding in at around 2:30 p.m. on Tuesday.

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The robbery took place in front of the Cygnus Co. building on P. de la Cruz Street in Novaliches, Quezon City.

At gunpoint, the two men ordered the victims to give them the P50,000 which had been placed inside a brown envelope. The money was meant for the salary of Frisco Foundry employees.

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The robbers then fled on foot.

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The victims described the robbers as between 25 and 30 years old, 5’7” in height, with beards and of medium build.

Both were mestizo-looking and wearing bull caps at the time of the heist, they added.

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TAGS: Crime, Quezon City, robbery

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