What are the names that come to mind when you think of bank robbers? For many, names like Bonnie & Clyde, John Dillinger, and maybe even certain GTA V characters fill the mind. However, these robbers don’t even scratch the surface. While, technically, not a bank robber, John Ruffo conned a few dozen banks out of more than $350 million. His case is the most expensive bank fraud in American history. What’s more, he got away with it.
Who is John Ruffo
John Ruffo is likely the most successful conman in history. He managed to steal more money than anyone else before him or since, but he also got away with it. John came from humble beginnings in New York City. But, due to a computer passion, he began pursuing a computer resale business called CCS. Over the years, his company grew and signed on a few high-profile clients, including Marlboro and the FBI.
Ruffo was described as a bit of a nerdy man and slightly rude. However, despite his somewhat poor reputation, it is evident that John was brilliant. You can’t do the things he did without a few smarts.
Self Surrender
All good things come to an end. After conning a few dozen banks out of more than $350 million, John and his partner Ed Reiners were arrested and booked on a $10 million bail.
Early in his trial process, John’s lawyer secured a self-surrender agreement for his client. Such contracts are incredibly rare in cases like Ruffo’s because the court had determined he was a high flight risk. In addition, he was facing 18 years in prison for his crimes. So it is no big surprise that while on house arrest, John Ruffo managed to escape. The man has not been seen since 1998.
Conclusion
The theories of what happened to John Ruffo and what allowed him to escape are numerous. However, perhaps the most exciting part of this case is that the Ruffo managed to stay hidden. So few criminals can survive a life on the run without giving themselves up at some point. Everyone ends up making a mistake or reaching back out to loved ones. But not John Ruffo, it has been nearly 25 years, and there is still no sign of John. He may make it to the grave without rousing the suspicion of the FBI.
The story of John Ruffo is incredible, and there are many twists and turns. To learn about the events leading to his arrest, the theories surrounding his escape, and more about the case, watch or listen to this episode of Things I Learned Last Night.
Things I Learned Last Night is an educational comedy podcast where best friends Jaron Myers and Tim Stone talk about random topics and have fun all along the way. If you like learning and laughing a lot while you do, you’ll love TILLN. Watch or listen to this episode right now!
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