BRASILIA, Brazil -- Police said Tuesday they arrested the suspected leader of the gang which carried out one of the world's biggest bank heists in 2006, stealing $70 million from the central bank in Fortaleza. Jossivam Alves dos Santos was arrested in Brasilia, the nation's capital, federal police spokesman Lincoln Fructoso Siqueira said. Police said Santos was the mastermind behind the heist, carried out by tunneling 260 feet under the ground and into the vault of a Brazilian central bank branch in the northern city of Fortaleza. Siqueira said further details about Santos' arrest would only be available following a news conference with police inspector Antonio Celso. Thieves used shovels, pickaxes, saws and drills to dig the tunnel and cut through the vault's 3.6-foot-thick, steel-reinforced concrete floor. They also created a pulley system with a plastic barrel to transport the money through the tunnel. It was the biggest heist in history until more than $90 million was stolen from a London security warehouse last year. Eleven suspects have already been convicted in connection with the Brazil robbery but less than $10 million of the money has been recovered. Police believe other suspects may still be at large. A few months after the heist, the suspected mastermind, Luis Fernando Ribeiro, was kidnapped and murdered even though his family paid a ransom of nearly $1 million. Earlier this year, another man accused of being one of the robbers was found dead on a remote ranch.
Wire service
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