need to add title here

Show Me the Money

October 3, 2009 7:45 PM

A mother and her 7-year-old daughter are taken hostage, strapped with dynamite and forced to rob a bank. Susan Spencer reports.

Recent Segments
Scroll Left Scroll Right
Add a Comment See all 38 Comments
by janicepetritz November 5, 2009 11:28 PM EST
There seems to be more to the story. I hope CBS is able to follow this story if and when more information is discovered regarding the whereabouts of the remaining 2/3 of the money.
Reply to this comment
by sunlover518 October 25, 2009 3:58 AM EDT
two bankruptcies and she still lives in a decent home. also her stripping days are over, too fat
Reply to this comment
by sunlover518 October 25, 2009 3:56 AM EDT
two bankruptcies and she still lives in a decent home. also her stripping days are over, too fat
Reply to this comment
by BrinksBuddy October 18, 2009 7:09 PM EDT
Oh good grief sde2233 you draw your conclusions on the manner and conduct on the way she talked in the interview? This happened in November of 2000 for the love of American soil! She has a book, does seminars on surviving the trauma, in short has dealt with it in recovery therapy AND there is a movie in the making by Lifetime. You so need to get a life darlin.
Reply to this comment
by sde2233 October 13, 2009 9:52 PM EDT
She is definitely involved. She talks about it like it was walk in a park. The police either themselves involved or a bunch of incompetents. Just watch closely. As noted earlier this episode should be much longer better researched and so on. Who removed dynamite is it a man or she removed it - very unclear and quite frustrating - bad reporting.

The biggest question is how did she make those 3 men who were involved to get 3 life sentences each and had nothing to say. That is what I would like to know. Why CBS didn't interview Ramirez, and 3 men that are in jail now and a former roommate. At least some modicum of truth could be find out. She did stripping for 9 years and said she loved it a lot. I mean 9 years folks. Normally a normal person with at least some shred of morals left would try to get out out of that environment ASAP.

No college degree of any kind, high school drop out, not even GED. Immigrants arriving in this country and get Ph D, get educated that's for sure. What did she do after this "traumatic experience." Well she decided to sue the bank (who are thieves themselves only on a larger scale), then she was so traumatized that she wrote a book about the experience and writing another one plus turned to a public speaking (another scam) to help those in "need".

This is so far the worst episode on CBS - 48 hours and the most insulting to the viewer.
Reply to this comment
by Know_the_Truth October 12, 2009 5:15 PM EDT
Come on folks ? obviously, we are not seeing the ?hole? story ? yes, there are plenty of holes in this story ? this is a one hour program? like everything on TV, hours of interviews have been edited down and clips have been snipped to create controversy? drama? ?Mystery.?

1 -Starting with the first comment ? it seems you might have missed part of the program. Michelle?s roommate and daughter already had their ?bombs? ripped off their backs when Michelle returned home ? it was obvious at that point that the one on Michelle?s back could also be taken off.

2 ? Where?s the drama? mystery if they had actually asked Michelle about her financial problems ? it doesn?t mean she ?mismanaged? her finances ? no one knows the circumstances that led to this ? hundreds of thousands of Americans file for bankruptcy ? have they all mismanaged their finances? Terrible circumstances arise such as health issues, child care, or inheriting a spouse?s debt ? in light of the economic crisis today ? it?s obvious there are many factors that result in financial ruin.

3 - Michelle came forward IMMEDIATELY with information about those involved ? there was no hesitation? no change of story ? I believe she was telling the truth from start to finish. The bank robbers were idiots, plain and simple - it wasn?t just the eyes that gave him away, in her book she mentions also recognizing his voice ? voice recognition is often used to build evidence, to convict cases. I assume the program director edited that detail out for the same obvious reason?the show has to live up to its name 48 hours -?Mystery.? How many cases never make it to court because witnesses are too fearful to testify? The only reason these thugs are behind bars is because of Michelle?s courageous determination to get these societal menaces off the streets and locked up where they will never again be able to harm her daughter..

4 ? ?It was my idea?? ? why didn?t they prosecute Ramirez? how unbelievable is that??? ? even Ramirez?s lawyer seems to be laughing at the prosecutors about this one!

5 ? Michelle was always open and forthcoming about her past ? she should not be judged for that. After enduring years of abuse she turned her life around and became a successful bank manager and caring and loving mother. Congressmen, pastors, judges, presidents... have committed terrible offenses and inflicted serious harm, including murderous acts - but sadly many continue to gain public support, are re-elected, paid millions in bonuses? - yet people want to offer their scorn and judgment because Michelle has a "checkered" past?

Michelle is obviously very intelligent and trustworthy, otherwise she would not have been promoted as she was ? yes, she lied on her application about an entry level job ? but she proved her competence, reliability, honesty and commitment for over 12 years working at that bank ? do you really think she would be stupid enough to be involved with these idiots or to risk her job, or the safety of her lovely daughter to be involved in a heist at her own bank? ? I don?t think so.

6 ? what happened to the money??? Are you kidding me??? The robbers were gang members ? drug users? it took months to capture the last guy ? where do you think the $$ went??? Up his nose? to Ramirez? another family member?buried in someone?s backyard?

7 ? Why sue Bank of America(BOA)??? Google the facts of this case ? the bank had no surveillance cameras despite knowing other banks had recently been robbed using identical MOs ? BOA should have informed Michelle and other bank managers about this so they could take necessary precautions. It?s obvious the robbers knew there wasn?t surveillance when they entered the bank the day they took Michelle, her daughter and roommate hostage ? BOA should be held responsible for not disclosing this important information.

8 ? Why write a book??? SO OTHERS WILL KNOW WHAT HAPPENED!!! ?To reach out to other survivors ? to build a support network for people dealing with post traumatic stress disorder... people need to know they are not alone? to encourage people to seek help. Too many trauma victims -whether veterans, victims of sexual assault, survivors of terror attacks, hostages? become isolated, live in constant fear? wind up with serious psychological disorders ? some eventually hurt themselves or loved ones... I think Michelle is very brave and should be commended for going public, for committing her life to reaching out and empowering others and for being such a loving mother.

As for putting everything in the past for her daughters sake ? her daughter is also an amazing young woman who has started a nonprofit to support youth affected by trauma. Give her courageous daughter more credit!
Reply to this comment
by jbrauthor October 10, 2009 10:06 PM EDT
The thing that was not made clear was how Michelle supposedly gave the bag of money to the robbers. I think she could have hidden a large amount of cash while all of the action was going on and gave the robbers a bag of cash which they did not bother to count as they were glad to see it. I think also, that if Michelle had phsyically seen the fake dynamite sticks she probably was smart enough to know that they were fake but decided to play along with the robbers, and devising her own plan to siphon off the money before turning it over to the robbers.
Reply to this comment
by Nunitak October 10, 2009 3:41 PM EDT
Cases are tried on evidence, not suspicions. There is abundant evidence for those who were convicted. Also for the lady who wnet scot free, at least as an accessory after the fact (the lady who was on the walkie-talkie or phone with the criminals).

The criminals may have used the money to pay a debt to a bigger criminal or they may have squandered it all over the place.

Many people both criminal and non-criminal do not know how to manage money.

This case is not about someone being a stripper, nor about bankruptcy. It is about who robbed the bank.

The biggest disappointment is knowing that when we are judged by our "peers" we are likely to have people on the jury who are irrational, motivated by suspicions rather than facts, and who are not committed to justice based on the evidence, as well as sorting out only the true facts for their decision.

The lady on the phone or walkie-talkie might have gotten 20 years if I had been involved with her trial, cannot say for sure without actually hearing all the evidence.

As for those who were convicted, I would like to see them stay in prison for life, although their privileges there might be increased somewhat for explaining more details of ther lives, the involvements of other criminals, the details of past crimes, where the money went and so on.

However, one must bear in mind at all times the reliability of the stories of imprisoned criminals. Sentences should not be reduced for such testimony.

And criminals, I have noticed, like to muddy the waters quite often, and to involve totally innocent people as well as those against whom they have a grudge in the results of their messy lives.

Let God handle those who slip through the cracks. We should not be going on witch hunts that endanger the lives and reputations of the potentially innocent.

Our Constitution wisely provides that we are "innocent until PROVEN guilty."

The lawyers have made a mess of truth and rightness because they don't seem to be capable of thinking logically based upon the facts, as scientists do.

And they like to make too many deals. I particularly dislike most of the deals the lawyers make with criminals.

Sometimes there is sloppy or inadequate police work. But often the police work is all good and the court result is all messed up anyway because of the way lawyers and prosecutors work, as well as the courts and judges.

All of these areas need continuing improvement.

We all need to work continuously on improvements. This is best done by addressing problem areas with effective solutions. Prioritizing and working on the biggest problems first.

The bank lady's true peers -- from the bank -- think she is innocent. Who are we (who do not know the lady) to say otherwise?

I am happy to see that she has exerted her powers to do well with her life after all of this. We all have to recover often from the actions of others -- Africa and many other countries have it far worse.

One of the worst of all is when an innocent person goes to prison, especially if it is for life.

The results here are not too horribly messed up. As I look at USA history we have had a continuous slow improvement. We need to continue working on that.
Reply to this comment
by RobertBarto October 9, 2009 10:20 PM EDT
In my opnion, Michelles "ROOMATE" is the real mastermind... the money was most likely hidden by Ramirez per the plan, Michelle's Roomate knows where it is, she should be watched for future capital gains.
Reply to this comment
by 48HoursFan October 8, 2009 12:44 PM EDT
You actually don't have to be a cop to notice all the loopholes in this case. How did Michelle know the voice of the female Thief! I was in a meeting yesterday with people I had just met, I cant remember their voices now?? You would only know someone's voice if you have been with them on several occasions. What happened to the woman thief who was the mastermind? How can the police let her go free, if I was caught with a shoplifter, I will be accused as an accomplice, why was she not put in for contributing in masterminding this whole thing.

I was attacked in the Underground last year (physically) up to now I can never go on the first carriage of the train, I never share my story until now (with you now - im not comfortable of sharing the details either and the police)someone who has gone through I would call it hell and back with your own daughter (I also have a 7 year old) would try not to even recall the events at a later date, you would want to protect your child of the bad incident, but thank God for the VERY QUICK RECOVERY!!!! This case should be investigated thoroughly as I feel they have left other thieves walk FREE!

Shame on the Human Resources Department in American Bank! talk of being thorough with employment process. We have gone to universities our parents having sacrificed all the penny that they had to put us through school and look at the strippers who get to run a big bank.
Reply to this comment
by Virgil-1 October 8, 2009 11:55 AM EDT
If Michelle is guilty,then bungled detective work is
involved.
Reply to this comment
by godsfiddler October 7, 2009 4:00 PM EDT
Ok, suing the Bank, was too much. Now I have questions about Michelle. The bank wasn't at fault at all. No negligence.
Reply to this comment
by godsfiddler October 7, 2009 3:58 PM EDT
Or, you could get your GED, get a college degree, and honestly get yourself a better life.

But as for one having been a stripper and whatever, that doesn't mean she's lying about all of this now.

I will say I do find it surprising that a single mother, no hs diploma, etc etc etc, has such a fancy house in such an upscale are.
Reply to this comment
by godsfiddler October 7, 2009 3:43 PM EDT
Or, you could get your GED, get a college degree, and honestly get yourself a better life.

But as for one having been a stripper and whatever, that doesn't mean she's lying about all of this now.

I will say I do find it surprising that a single mother, no hs diploma, etc etc etc, has such a fancy house in such an upscale are.
Reply to this comment
by Zowwyy October 7, 2009 1:28 PM EDT
Bottom line to me is if she was involved there's no way any of those guys would not rat her out. No way would I sit in jail for the rest of my life while she is free with the money.
Reply to this comment
by macrobster October 7, 2009 8:21 AM EDT
first off, why is this story only 33 minutes when others are over 41 minutes.

second, boa should be sued by its customers for letting a high school drop out who declared bankruptcy twice be their bank manager (***, can you just put up a sign that says rob us).

third, I thought the girl that admitted she was the master mind of the whole thing and than got off was hilarous.

that fake dynamite and fake gun made me think this was more of a comedy than regular 48 show which has murder and true danger.

I'm not saying that what happened wasn't traumatic for the girl and two ladies but it just seemed so half baked.

If these guys are real gangsters, what are they doing with a fake gun and arts and crafts dynamite.

Also, I can so see the guy who said he slept michelle knowing her from her stripper days.

I can't wait to see her next two books, bankrobbing for dummies and how to get a job without a ged
Reply to this comment
by Jtzy October 6, 2009 5:58 PM EDT
Her selling her story does not make her guilty

1) She probably can't get a job at a bank or anywhere in the area.
2) She is probably reminded everyday of what happen

So it only makes sense to sell her story and to help others. The lady who was found not guilty, which is crazy, has some of that missing money.
Reply to this comment
by coors_815 October 6, 2009 4:24 PM EDT
I agree that they left alot of information out of this episode.

Where is the roommate?

And what does the daughter think? Did she hear/feel anything was strange during the ordeal?

Why was this lady never polygraphed?

This is a crazy story and needed another hour of air time for more information.
Reply to this comment
by slapster101 October 6, 2009 2:47 PM EDT
Really??? You people believe that three grown men wouldn't rat her out to reduce their sentences??? 2 of those guys received 3 consecutive life sentences for the kidnapping alone.
Reply to this comment
by kathleenGA October 4, 2009 9:56 PM EDT
They should of made this a two parter because there is a lot of information they left out.
Reply to this comment
See all 38 Comments
  • Catch Her If You Can Catch Her If You Can

    42:30 November 21, 2009

  • A Case for Murder A Case for Murder

    42:44 November 15, 2009

  • Deadly Prophecy Deadly Prophecy

    42:42 October 31, 2009

  • The Curious Case Of Col. Shue The Curious Case Of Col. Shue

    41:41 October 24, 2009

  • Haunted Haunted

    42:53 October 24, 2009

  • The Untold Story of Caylee Anthony The Untold Story of Caylee Anthony

    43:03 October 17, 2009