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Steve Chambers Biography & Facts

$17.3 million in cash was robbed from the Charlotte, North Carolina, regional office vault of Loomis, Fargo & Co. on the evening of October 4, 1997. The robbery was committed by Loomis vault supervisor David Scott Ghantt, his married girlfriend Kelly Campbell (a former Loomis co-worker), Steven Eugene Chambers (a one-time FBI informant), his wife Michelle Chambers, Michael Gobbies, and four other co-conspirators. An FBI criminal investigation ultimately resulted in the arrest and conviction of eight people directly involved in the heist, as well as sixteen others who had indirectly helped them, and the recovery of approximately 88% of the stolen money. This robbery was the second-largest cash robbery on U.S. soil at the time, as only seven months earlier, on March 29, 1997 in Jacksonville, Florida, Philip Noel Johnson stole $18.8 million from the Loomis Fargo armored vehicle he was driving. Company Although the history of the predecessor Wells Fargo & Company dates back to 1852, Loomis Fargo & Company was established in 1997 by the consolidation of Wells Fargo Armored Service and Loomis Armored Inc.; the resulting corporation employed 8,500 people and provided armored transportation, cash handling services, and automatic teller machine maintenance. Its Charlotte office would be the victim of David Scott Ghantt and his confederates later that year. Planning David Ghantt struck up a relationship with fellow Loomis Fargo employee Kelly Campbell, and they continued to maintain contact even after Campbell left the company. In August 1997, Campbell informed Ghantt of an old high school friend of hers, Steve Chambers, who could assist Ghantt in executing a massive cash robbery of the Loomis Fargo vault in one night. Chambers had broached the possibility of a robbery to Campbell the summer before. The plan was for Ghantt to commit the robbery and then quickly leave the country for Mexico – but to leave the bulk of the cash with Chambers. Chambers would then occasionally wire Ghantt money and see to his basic financial needs; when "the heat was off," Ghantt was to re-enter the U.S. and the money would be split up among all of the co-conspirators. Heist With the plan in place, Ghantt sent a newly employed co-worker home early (reportedly at 6 p.m) who had been assigned to train with him. He then proceeded to load about $17.3 million in cash (approximately $11 million of which was in $20 bills) into the back of a company van. Outside the building, Ghantt met up with Campbell, Chambers, and others who were involved in the plot, and drove off to a printing business called Reynolds & Reynolds in northwest Charlotte. From there, the money was moved from the company vehicle to private vehicles. Then, keeping with the plan, Ghantt took $50,000 (the maximum that could by law be taken across the border without further authorization) with him and left for Mexico, winding up at the popular Yucatan Peninsula resort-island of Cozumel. FBI investigation Ghantt as the prime suspect Loomis Fargo employees could not open the vault the next morning and called the police. The police then called the FBI because most of the money handled at the facility belonged to banks, which technically made it a bank robbery — a federal offense. Investigators considered Ghantt to be the prime suspect almost from the beginning. He was the only employee unaccounted for the next morning, and videotapes recovered at the Loomis Fargo Charlotte office showed Ghantt removing "cubes of cash" and loading it into a Loomis Fargo armored van for over an hour. Two days later, when the FBI found the Loomis Fargo armored van, they discovered almost $3.3 million in cash left in the back of the van; it was later discovered that the thieves had miscalculated the sheer bulk of the small denomination currency, and that they simply left the cash that they could not take with them in the back of the van. Investigators also found Ghantt's pickup truck, abandoned at the warehouse. Inside the truck, they found Ghantt's ring and surmised this was a sign of Ghantt's intention to end his relationship with his wife. Although the FBI investigation was able to quickly connect Ghantt to Campbell, connecting Ghantt to Chambers was a more difficult task. Tips had led the FBI to begin monitoring Chambers's (and his wife's) activities, but it was not until the FBI recorded a phone call from Ghantt in Mexico that the final connection was made. By then, the FBI had become greatly concerned for Ghantt's personal safety; they had learned that Chambers had plotted to have Ghantt killed in a murder for hire scheme using a "hit man" named Michael McKinney. The FBI investigation was aided by the gang's extravagant spending. They had initially agreed to control their spending for a year or two, in the belief that the government would vigorously track the spending habits of any and all suspects for at least a year before relenting. Chambers had no intention of following those rules, believing the FBI would never connect him to Ghantt. He and his wife, Michelle, moved from their mobile home in Lincoln County to a luxury house in the wealthy Cramer Mountain section of Cramerton. They kept several furnishings from the previous owners, including a painting of Elvis Presley on black velvet. They also bought a BMW Z3 with cash and made several large purchases, including a $600 cigar store Indian. Campbell used part of her share of the money to buy a Toyota Sienna minivan in two cash installments. An additional tip reached the FBI when Michelle Chambers made a large deposit at a bank. She had previously been making frequent small deposits to avert suspicion. But after one visit, she asked a teller "How much can I deposit before you have to report it to the feds?" followed by "Don't worry, it is not drug money," the bank filled out a suspicious activity report, which ultimately reached the FBI. Ghantt's spending in Mexico was extravagant at first. He stayed in a luxury hotel and paid for expensive food and activities such as scuba diving and parasailing. Ghantt reported to Chambers that his supply of money was running low, but Chambers sent Ghantt just $8,000. Ghantt, in order to conserve this money, curtailed his spending. He also took various measures to change his appearance, such as shaving, after a patron at a restaurant pointed out to him that he "looked like the man who robbed a bank of $20 million." Arrests, trials, and convictions After successfully tracing Ghantt's phone call, FBI agents coordinated with Mexican police to arrest Ghantt on March 1, 1998, at Playa del Carmen, a city near Cancun. The next day, Steve and Michelle Chambers, Kelly Campbell, and four others were arrested. On March 12, a Charlotte grand jury indicted the eight co-conspirators for bank larceny and money laundering; the latter offense was included because of how they spent the stolen money. Nine other relatives and friends were also charged with mon.... Discover the Steve Chambers popular books. Find the top 100 most popular Steve Chambers books.