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Word: theft (lookup in dictionary) (lookup stats)
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...Royal Americana in December and the Dunes in January -that are believed to have been deliberately set. Two fires, one in December and one in January, were quickly extinguished in the El Cortez hotel, where Cline had worked briefly. He had been dismissed after being charged with the theft of $747.50 from a casino change bank...

Author: /time Magazine | Title: City of Towering Infernos | 2/23/1981 | See Source »

...sophisticated technology multiplies the opportunities for theft. Warns Philip Wynn, deputy district attorney for Los Angeles County: "Computer crime is an extremely serious problem. I see it as a monster." No one knows exactly how much computer con men are raking in, but the numbers are big. Federal officials say that the average loss in a bank robbery is $3,200. A typical nonelectronic embezzlement comes to $23,500. But the average computer fraud...

Author: /time Magazine | Title: The Wells Fargo Stickup | 2/16/1981 | See Source »

...agents a course in computer-crime detection. A bill before Congress would provide new and tougher penalties for computer tampering: up to 15 years in prison and fines as high as $50,000. When he introduced the legislation last year, Republican Senator Charles Percy of Illinois warned that computer theft could be as high as $3 billion per year. Even with stepped-up law enforcement, companies themselves will have to be much more vigilant. The MAPS scandal showed how simple it is to bilk a bank electronically. Though the scheme was discovered, the alleged leader had plenty of time...

Author: /time Magazine | Title: The Wells Fargo Stickup | 2/16/1981 | See Source »

Heymann, terming it "a courageous and imaginative investigation that will have a major effect for some time," said Abscam was not initially aimed at Congress. The investigation began as a probe into an art theft, which then grew to cover illegal activities in Atlantic Beach casinos and immigration, he said...

Author: By James G. Hershberg, | Title: Heymann, After Abscam, Likely to Return to Harvard | 2/9/1981 | See Source »

With reason. The most celebrated theft of a Brasher doubloon occurred as fiction in Raymond Chandler's 1942 mystery The High Window, later made into a movie. But in 1965 real thieves snatched the Yale doubloon from Sterling Memorial Library. The university got it back only because a private detective, tipped off that a Chicago mobster had the coin, was able to apply...

Author: /time Magazine | Title: Education: For U.S. Colleges, Fiscal Ed 1A | 1/19/1981 | See Source »

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