What is a institutional robbery?

Answer 1

Institutional robbery refers to the theft of money or valuables from an organization or institution, such as banks, schools, or government facilities, typically involving the use of force, intimidation, or deception. This type of robbery can involve armed assailants or organized groups targeting the institution's assets. The impact extends beyond financial loss, often affecting the institution's reputation and security measures. Law enforcement agencies usually respond quickly to such incidents due to their potential threat to public safety.