The Most Genius Bank Heist EVER
FULL TRANSCRIPT
January 13th, 2006. 300 Argentine police
officers surround Rio. Inside, 23
hostages lie face down on marble floors
while masked gunmen wave pistols at
their heads. One wrong move and this
becomes a massacre. The gang leader
demands pizza. The negotiator thinks
he's insane, but he's not. [music]
Because while every cop in Buenosire
watches the front door, a second crew is
already below their feet inside the
vault, stuffing $19 million into duffel
bags. The hostage crisis above pure
theater. The guns, toys. The real heist
[music] is happening underground and
it's been running for 2 hours. In 7
minutes, these thieves will disappear
from a completely surrounded bank.
They'll leave behind hostages,
humiliated [music]
police, and a note that reads, "Without
weapons or grudges, it's just money, not
love." The entire country will call them
heroes, but one of them is about to lose
everything, [music] betrayed by the
person who should have protected him
most. How did six men outsmart an entire
nation? And how does the perfect crime
end?
December 2003, Fernando Ajo lights his
fourth joint of the day in his
Buenosiris apartment. The struggling
artist stares at newspaper clippings of
the Ramalo bank siege. The 1999 disaster
where police stormed a bank, killing two
hostages on live television.
Arjo sees something else in those
images. An opportunity. He sketches on a
napkin. What if robbers could disappear
from inside a surrounded bank? Not
through shootouts or surrender, through
magic. He calls Sebastian Garcia
Bolster, his high school friend, who
fixes motorcycles in a garage outside
Buenosire.
Bolster's hands scarred from years of
welding, build anything. His family lost
80,000 pesos when banks collapsed in
2001. Their life savings evaporated
overnight. When Arjo proposes robbing
Banko Rio, Bolster doesn't laugh. He
asks how. Arjo spreads blueprints across
Bolster's workbench. Banko Rio in
Akasuso sits above storm drains that
connect to the Rio de la Plata and the
vault extends into the basement. During
business hours, motion sensors
deactivate so employees can access safe
deposit boxes. The idea is simple. Two
teams strike simultaneously. One stages
a hostage situation upstairs. Pure
theater to mesmerize police while
another enters through tunnels below to
empty the vault. No violence and no
casualties, just misdirection on an
unprecedented scale. Bolster traces the
sewer lines with his finger. The tunnel
would need to run 150 m through active
drainage pipes, break through 2 ft of
reinforced concrete, and all without
detection. Impossible for most, but not
for an engineer who spent his life
building the impossible. They choose
Akasuso for a reason. After Argentina's
banking collapse seized middle-class
savings accounts, wealthy clients
stopped trusting banks with their money.
Instead, they stuffed safe deposit boxes
with untraceable assets, cash, gold, and
diamonds. Box rentals in Aasuso cost
triple the city average because clients
here store fortunes. Unlike serial
numbered bills from teller drawers,
valuables from private boxes can't be
tracked once stolen. The perfect score
for men seeking revenge against the
banks that [music] destroyed their
country. Arjo drafts the operation like
a screenplay, complete with dialogue and
stage directions. [music]
The ground team becomes actors. The
heist becomes the movie. Every phone
call, every demand, every pizza order
serves a purpose, buying time for the
vault team below. He calculates they
need exactly 2 hours and seven minutes
to crack enough boxes. The hostage drama
must last precisely that long. 1 second
too short and the vault team gets
caught. 1 second too long and the police
might check the basement. The margin for
error is zero. By January 2004, they're
ready to recruit the team. But who joins
a suicide mission against 300 cops? And
which member of this crew will
ultimately destroy them all from within?
January 2004. Ruben Betto Deator sits in
a Buenos area's pool hall, chalking his
queue when Arjo approaches. Betto robbed
17 banks with the super bond gang
throughout the 1980s. He knows vault
layouts, police response times, and
hostage psychology. He also knows Arjo's
father from the neighborhood. When Arjo
mentions the Bankco Rio plan, Beto
doesn't flinch. He asks three questions.
How much? How many guns? And how many
men? $20 million minimum with zero real
weapons and six men. Betto agrees. On
one condition, he brings his own
partner. Luis Mario Vitet, nicknamed the
Uruguayan, enters the conspiracy through
Beetho. Former military trained in
combat tactics. Vitet specializes in
intimidation without [music] violence.
He once held 43 hostages for 6 hours
using only [music] psychological
pressure. never fired a shot. His
presence alone makes people comply.
Vitet studies Arjo's script, noting each
[music] tactical weakness. The fake guns
need weight to look real. The hostages
must believe the threat without
experiencing harm. Every actor needs a
specific dialogue to maintain the
character. [music]
Vitet rewrites sections with military
precision. Through underground contacts,
they recruit Alberto Doc Solless,
another Super Bond veteran who spent
eight years in prison perfecting the art
of patient planning. [music]
Doc insists on surveillance. For 3
months, he photographs every angle of
Bankor Rio. Employee shift changes at
8:47 a.m. Armored truck arrivals at 2:15
p.m. The manager takes smoke breaks at
10:30 a.m. Behind the building, Doc
creates a minute-by-minute timeline
[music] of the bank's rhythms. He
discovers the golden window. Friday
afternoons between 12:30 and 3:30 p.m.
when wealthy clients visit their boxes
before weekend trips and vault security
relaxes. Julian Zalo Chavaria joins as
the getaway driver, the only member who
won't enter the bank. A former racing
mechanic, [music] he modified engines
for illegal street races until a crash
ended his career.
Zalo Chavaria scouts 17 escape routes
[music] from storm drain exits. He times
police response from every precinct. 13
minutes from Akasuzo station and 18
minutes from [music] Santa Cedro. He'll
wait at a manhole cover three blocks
away. Engine running, ready to extract
the [music] tunnel team. One delay, one
wrong turn, and everyone gets caught.
Bolster, now nicknamed the engineer,
begins his reconnaissance underground.
He enters storm drains at 2:00 a.m.
wearing a wet suit and headlamp. The
tunnels weak of sewage and methane. Rats
scatter from his light. He measures
distances with laser precision. The main
drainage pipe runs directly beneath Bank
Rio's vault, separated by 24 in of
reinforced concrete. He'll need
specialized equipment, a pneumatic
hammer that operates silently
underwater, industrial-grade water
pumps, and reinforced lumber to prevent
collapse. The shopping list totals
50,000 pesos, around $5,000.
They'll fund it by robbing a smaller
bank first, which they do successfully
in late 2004. By December 2005, the crew
is complete. Six men united by different
motivations. Revenge, money, adrenaline,
but bound by Arjo's singular vision.
They rehearse in an abandoned [music]
warehouse, running through every
scenario. What if police storm early?
What if a hostage has a heart attack?
What if the tunnel floods? They drill
responses until reaction becomes [music]
instinct. Arjo makes them memorize their
lines like Shakespearean actors. This
isn't just a heist. [music]
It's a performance that will play on
every television in Argentina.
But can Bolster actually break [music]
through 2 ft of concrete without
triggering alarms? And which team member
will betray every single one of them?
September 2005.
Bolster descends into Buenos Cyrus's
storm drains, carrying a waterproof
[music] bag of power tools. The tunnel
stretches ahead, a concrete artery
pumping sewage toward the Rio de la
Platada. He's mapped this route 47
[music] times. Tonight, he begins
cutting. The pneumatic hammer bites into
concrete beneath Bankco Rio. Each strike
sends vibrations through pipes that
could alert anyone above. He works in
10-second bursts, listening for
footsteps, [music] alarms, anything. 4
hours later, he's penetrated 6 in. At
this rate, breaking through will take 15
nights.
October brings complications.
Heavy rains flood the tunnels, [music]
forcing Bolster to install pumps that
run on car batteries. He builds wooden
supports [music] to prevent cave-ins,
hauling lumber through sewage in
complete darkness. One night, methane
levels spike so high his detector
screams, "Warnings!" He retreats and
returns with an oxygen tank. Another
night, he encounters a homeless man
living in the tunnels, who runs at the
sight of Bolster's [music] headlamp. The
next morning, Bolster scans newspapers
for reports of suspicious activity.
Nothing, so he continues. Above ground,
the crew conducts surveillance with
scientific precision. Vitet poses as a
customer, opening a checking account to
study the interior layout. He memorizes
camera angles, 13 total, with blind
spots near the basement stairs. Doc
photographs employees, learning their
names, their habits, and their
weaknesses.
Manager Diego Manzone arrives earliest,
leaves late, and carries the vault keys
on a chain. Guard Carlos Perez, 58 years
old, 2 years from retirement, [music]
never draws his weapon during monthly
drills. They build psychological
profiles of [music] every person who
will be inside. On January 13th, Ajo
scripts dialogue with obsessive detail.
Walter, played by Vitet, will demand
pizza at exactly 2:47 p.m., confusing
negotiators who expect requests for
helicopters or millions in cash. The
absurdity serves a purpose. Pizza
delivery requires approval from multiple
commanders, buying precious minutes. Bet
will release one hostage every 20
minutes, [music] maintaining police hope
for peaceful resolution. Doc will fire
blanks at the ceiling at calculated
intervals, just enough to prevent police
from storming, but not enough to [music]
trigger assault. Every word and every
gesture choreographed to control police
psychology.
December 20th, 2005.
Bolster breaks through the [music] final
inch of concrete. His headlamp
illuminates the vault floor above.
Smooth tiles he's seen only in
blueprints. He's created a hole just
wide enough for a man to squeeze
through. He photographs the opening,
seals it with quick, dry cement that he
can break in seconds [music] on the day.
The tunnel is ready. 5 days before
Christmas, the crew meets for final
rehearsal. They run the entire operation
in real time. 2 hours 7 minutes from
entry to escape. Zelichavaria practices
the extraction [music] route until he
can drive it blindfolded. January 11th,
2006, 48 hours before execution,
Arjo distributes replica weapons,
plastic berettas waited with lead to
feel authentic. He hands out masks,
gloves, and the coveralls Bolsters team
will wear underground. They synchronize
watches. The weather forecast for
January 13th is clear skies [music]
and a temperature of 87° F. Hot enough
that police will avoid heavy armor.
Perfect conditions for the performance
of their lives. [music]
Doc asks what happens if someone gets
killed, no matter if it's a hostage, a
cop, or one of them. Ajo's answer is
immediate. We abandon everything and
run. This only works if no one dies. But
how long can six men control two dozen
hostages without real bullets? And what
happens when one of their own wives
discovers their secret?
January 13th, 2006.
12:28 p.m. Bolster enters the storm
drain wearing coveralls and carrying an
underwater sledgehammer. Behind him,
Bado and Doc wade through kneedeep
sewage. They reach the sealed entrance
beneath Bank of Rio. Bolster strikes
once. The cement plug crumbles. They're
inside the vault. Above them, 23
customers and employees conduct normal
Friday business, unaware that three men
just materialized below their feet. 3
minutes later, at 12:31 p.m., Vitet,
Arjo, and Doc walk through Banko Rio's
front door dressed as businessmen. Vitet
approaches the information desk, asks
about opening an account. The moment
security guard Carlos Perez turns away,
Vitet pulls his replica pistol. Nobody
move. This is a robbery. [music] His
voice carries military authority that
makes everyone freeze. Arjo locks the
front door. Doc herds customers against
the wall. They work with surgical
precision. No wasted motion and no
hesitation. Within 90 seconds, they
control the entire bank. By 12:45 p.m.,
police receive the first emergency call.
By 12:52 p.m., 40 patrol cars surround
Banco Rio. By 1:15 p.m., 300 officers
establish a perimeter. Helicopters
circling in the air and snipers position
on rooftops. Inside, Vitet, now Walter,
begins his performance. He calls the
police. Sounds reasonable, almost
apologetic.
We don't want anyone to get hurt. We
just need time to think. He releases
bank teller Marcela Fernandez to show
good faith. She emerges crying. Tells
police the robbers seem nervous but not
violent. Negotiators interpret this as
weakness, but they're wrong. 1:30 p.m.
In the vault below, Bolster's pneumatic
ram destroys safe deposit boxes in
seconds. Box 73 explodes in a shower of
euros. Box 91 contains gold coins dated
1892. Box 156 holds bearer bonds worth
$2 million. They work systematically,
left wall, back wall, and right wall.
Some boxes contain family photos, love
letters, [music]
deceased relatives, ashes. These they
leave untouched. Others burst with cash
so dense it seems fake. One box holds
nothing but cut emeralds that scatter
across the floor like green stars. They
stuff everything into waterproof duffel
[music] bags. At 2:47 p.m., Walter makes
his pizza demand. The negotiator
actually laughs. You want pizza now?
Walter insists. 30 boxes, assorted
toppings, enough for hostages and
robbers. The request travels up the
chain of command. The commissioner
laughs [music] and the chief laughs.
Everyone laughs at these amateurs
demanding food during a siege. They
approve the order. At 3:05 p.m.,
delivery drivers approach under police
escort. The smell of oregano and cheese
fills the bank. Hostages eat nervously.
One woman later describes it as the most
surreal meal of my life. Police
psychologists interpret the feast as a
positive sign. The robbers are
humanizing their captives. 3:27 p.m.
Bolsters team has cracked 143 boxes. The
duffel bags bulge with approximately $19
million in mixed currencies, gold, and
jewels. Bolster checks his watch. Time
to go. He tapes their message to the
wall. In a neighborhood of rich people
without weapons or grudges, it's just
money, not love. They lower themselves
back through the hole into the drainage
tunnel above. Vitet tells the final lie.
We're coming out. 5 minutes. He hangs
up.
>> 3:32 p.m. The tunnel team loads bags
onto an inflatable raft, paddling
through sewage in total [music]
darkness. Three blocks away, Zoe Chevia
waits at manhole cover 47B. One by one,
they emerge soaked, stinking,
victorious. They pile into his van. At
3:33 p.m., while police still surround
Bank of Rio, the real robbers are
already gone. The van disappears into
traffic. Inside the [music] bank, Vet
leads hostages to the basement
conference room. Stay here. Don't move
for 10 minutes. He locks them inside,
places toy guns by the door, and the
upstairs crew vanishes down the hole.
How long before police realize the bank
is empty? And which robbers marriage is
about to explode, taking everyone down
with it?
7:45 p.m. 4 hours later, SWAT teams
storm Bango Rio. Flash grenades explode.
Officers sweep rooms shouting clear.
They find 23 hostages locked in the
basement conference room, traumatized
but unharmed. They find toy guns
arranged in a neat row. They find pizza
boxes, some still warm. They find no
robbers. Commander Miguel Cleo radios
headquarters. The subjects have
vanished. There is silence on all
channels. Then someone asks, "What do
you mean by vanished?"
8:15 p.m. Detectives enter the vault.
Safe deposit boxes hang open like mouths
screaming. The floor glitters with
scattered pearls and torn velvet. A
detective kicks aside gold certificate
papers worthless without their bearer
bonds. Then he sees the hole, a perfect
circle leading [music] into darkness. He
aims his flashlight down. The beam
disappears into storm drains [music]
that stretch for miles beneath
Buenosire.
The note on the wall mocks them. Without
weapons or grudges, it's just money, not
love. One detective whispers what
everyone's thinking. They played us
within hours. The story [music]
dominates every screen in Argentina.
News anchors struggle between outrage
and amazement. Banko Rio robbers
disappear like ghosts. The heist of the
century. Police fooled by pizza and toy
guns. Talk show hosts debate whether to
condemn or applaud. Callers flood radio
stations. Most support the thieves. They
rob the rich without killing anyone,
says one caller. They're heroes. After
banks stole billions during the 2001
collapse, many Argentines view this as
poetic justice. International media
descends on Buenos Cyrus. BBC calls it
brilliantly audacious.
CNN interviews hostages who describe
their capttors as polite, even
entertaining.
Maria Christina, the manager dragged to
the window, reveals Walter apologized
while using her as a prop. He said, "I'm
sorry, Senora, but the police need to
see this." The toy guns become instant
symbols. Photographs show forensics
teams bagging children's [music] pistols
as evidence. One newspaper runs the
headline, "They robbed us with toys."
Police launch Argentina's largest
manhunt. Forensic teams vacuum every
inch of Banko Rio. They find bleach
[music] poured everywhere, destroying
DNA evidence. They find hair clumps
[music] that trace to various beauty
salons. False clues planted to waste
time. The abandoned van contains
nothing. The tunnel offers no
fingerprints.
Detectives interview 300 witnesses,
analyze 10,000 hours of footage, and
chase [music] 1,400 leads. Every trail
ends nowhere. The robbers seem to have
genuinely vanished. By February 2006,
[music] the investigation stalls. There
are no suspects. No arrests and no
progress. The interior minister promises
results soon. The justice [music]
minister demands immediate action, but
the public laughs at both. Graffiti
appears across Buenoses. Banko Rio 6
police zero. T-shirts with toy guns sell
out. A kumbia song about the heist tops
local charts. The robbers have become
folk legends. But in a modest house in
Buenosiris province, Alysia Dulio
watches her husband Beto count stacks of
$100 bills. [snorts] She knows where
that money came from. And she's about to
make a decision that will destroy
everything. What drives a wife to betray
the father of her child? And how much of
the $19 million will police actually
recover?
February 15th, 2006.
Alicia Dulio finds $73,000 hidden inside
her bedroom wall. Her husband, Bato,
tore open the plaster while she was
visiting her mother, stuffed cash behind
insulation, and sealed it with fresh
drywall. She only discovered it because
paint doesn't match. This is the third
time she's found money. First under
floorboards, then inside the water
heater, now the walls. Her house has
become a vault. She knows about the
Banko Rio heist. Everyone does. She
knows Bato was involved. What she
doesn't know is that he's [music]
planning to leave her. Bet tells friends
he's moving to Paraguay with his
girlfriend, a 23-year-old named Claudia
he met at a nightclub. Alicia discovers
the affair through text messages. She
confronts him, but he denies everything,
then admits everything, then promises to
end it.
3 days later, she follows him to
Claudia's apartment. when she pounds on
the door screaming. Neighbors call
police. Officers arrive to find Alicia
Dulio crying in the hallway, shouting
about stolen money in Bank Rio. They
take notes and one detective recognizes
the significance.
5 days later, Alicia walks into federal
police headquarters. She provides names,
her husband, Bato, his friend Vitet, and
someone called Doc. She describes
planning meetings in her kitchen while
she served coffee. She overheard tunnel
discussions, gun rehearsals, and pizza
strategies. She knows they use toy
weapons because Bato laughed about it
for hours afterward. She doesn't know
about aro or bolster. Bet kept her
partially ignorant for her own
protection. But she knows enough.
Detectives promise protection for her
and her 7-year-old son. In exchange, she
gives them everything.
March 7th, 2006.
Pre-dawn raids strike simultaneously
across Buenosiris.
Police smash through Bato's door at 4:47
a.m. They find him sleeping beside
$970,000
in cash. He doesn't resist. At 4:48
a.m., they arrest Vet at his mother's
house. At 4:51 a.m., Doc surrenders
peacefully at his apartment. Within
hours, subsequent raids capture Arjo,
Bolster, and Zalo Chavaria. The only
evidence is Alicia's testimony and the
money in Bato's house. The rest of the
19 million remains hidden. One week
later, news breaks. Banko Rio gang
captured.
The public reacts with disappointment.
Polls show 68% of Argentines wanted them
to remain free. Lawyers volunteer to
defend them proono. Crowds gather
outside the courthouse chanting support.
Even hostages express sympathy. Several
refused to testify, saying they were
treated well. The prosecutor faces an
unusual problem. Jury sympathy. These
aren't violent criminals who terrorized
innocents. They're artists who
embarrassed authority. The trial becomes
theater itself. Arjo, ever the
performer, treats court like a stage. He
explains the heist as a work of art
against financial oppression. Bolster
describes the tunnel engineering with
professor-like precision, making jurors
laugh. Vitet maintains military bearing,
never breaking character. They don't
deny guilt, they deny shame. When asked
about the missing millions, Arjo smiles.
What money? We took toy guns to a bank.
The prosecutor cannot prove how much was
stolen. Safe deposit boxes aren't
registered, so their contents are
unknown. Box owners claiming losses
can't document what they lost without
admitting tax evasion. Sentences range
from 9 to 15 years. By 2020, all are
free. Arjo writes a book, sells movie
rights, and gives university lectures on
creative resistance. He claims everyone
won. Police got fame, prosecutors got
promotions, and we got rich. Argentina
got entertainment. The missing 17
million never surfaces. Some believe
it's buried. Others think it was spent.
A few suspect the robbers invested it,
living [music] off interest while
serving time. The greatest magic trick
in criminal history succeeded
completely. They robbed a bank using
pizza and toys, vanished in plain sight,
and became folk heroes despite capture.
They proved perception beats reality,
that controlling the narrative matters
more than controlling weapons. They
turned crime into art, humiliation into
admiration, capture into victory.
Except for Beetho, his wife got revenge,
his girlfriend got scared, and his
friends got suspicious. He lost
everything. Money, family, respect from
his crew. The man who helped pull off
the perfect heist was destroyed by the
oldest weakness. Betrayal born from
broken promises. The money couldn't save
his marriage or buy loyalty. In the end,
Alicia Dulio accomplished what 300
police couldn't. She made the magicians
disappear.
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