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6 N.C. Heist Defendants Sentenced

February 24, 1999

CHARLOTTE, N.C. (AP) _ Six people have been sentenced for their part in a $17 million heist from a vault at the Loomis, Fargo armored car company, one of the largest thefts of its kind in U.S. history.

More than $2 million is still missing.

Eric Grant, one of the plotters of the heist, was sentenced Tuesday to 12 years and nine months. He was ordered to pay $26,000 in restitution.

Michael McKinney was sentenced to 11 years and three months in prison and ordered to pay $120,000 in restitution. He was accused of money laundering and participating in a plot to kill David Ghantt.

Ghantt is a former Loomis employee who was videotaped stealing money and is awaiting sentencing.

Eric Payne, described by prosecutors as one of the heist’s ``big six,″ drew 6 1/2 years in prison for money laundering and larceny and ordered to pay $292,000 in restitution.

Three defendants, Calvin Hodge and Dennis and Sandra Floyd were placed on probation for three years. The Floyds were each ordered to pay $27,500 in restitution.

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