Editing Great Train Robbery (1963) (section)

== Recovery of the money ==
£2,631,684 was stolen (although the police report says £2,595,997). The bulk of the haul was in [[Bank of England £1 note|£1 notes]] and [[Bank of England £5 note|£5 notes]] (both the older white note and the newer blue note which was half its size). The £5 notes were bundled in batches of £2,500, the £1 notes in batches of £500. There were also [[Bank of England 10s note|ten-shilling notes]] in batches of £250. A quantity of Irish and Scottish money was also stolen.
With the exception of a few 'drinks' for associates, the loot was split into 17 equal shares of around £150,000 each (George Hatherill claims that there were 18 shares).

With a few notable exceptions, the money was quickly laundered or divided by friends, family and associates of the robbers. Much was laundered through bookmakers (Wilson and Wisbey were themselves bookmakers) although, astonishingly, only a few hundred pounds were identifiable by serial number so the robbers could have spent the money without fear of being traced.<ref>No Fixed Address (1971) by Frank Williams (Ch: Where Has All The Money Gone ? Pp 68–84)</ref> There were 1,579 notes whose serial numbers were known and the rest of the money was completely untraceable.

The £5 notes were of two different types, because in 1957 the British Government had begun to replace the large white notes with smaller blue ones. The final changeover had not been completed by the time of the robbery. The white notes quickly became far more conspicuous to use, making it harder for them to be spent.

Although within six months of the robbery 10 of the robbers had been locked up awaiting trial and three others were wanted criminals on the run, very little of the money had actually been recovered. This has led to speculation that there is a great deal of robbery loot still out there. In fact, the money was soon seized and spent by predatory gangsters and greedy associates, relatives and lawyers. Thus the proceeds of the greatest cash robbery in British history were quickly used up, with few of the robbers receiving any real long-term benefit.

Less than £400,000 was eventually recovered. Over half of this consisted of the shares of Roger Cordrey (£141,017) and (allegedly) Brian Field (£100,900). A further £36,000 was recovered from Jimmy White's caravan. Roy James was carrying £12,041 when captured. £47,245 was found in a telephone box in Great Dover Street, [[Newington, London|Newington]], South London.

===Telephone box controversy===
The £47,245 recovered from a telephone box included 57 notes whose serial numbers had been recorded by the bank in Scotland. This money was part of a deal struck with Frank Williams by Danny Pembroke. Piers Paul Read, in ''The Train Robbers'', claimed that the police were feeling the pressure because although they had caught many of the robbers, they had failed to recover much of the money. While no evidence had been found against Pembroke, who was believed to have been one of the South Coast Raiders, some of the identifiable bank notes had been traced back to him through friends who had been charged with receiving. Given that the police had insufficient evidence against Pembroke, either at Leatherslade Farm or definitive connection with either of the two gangs, Butler was prepared to let him go. Williams convinced Butler to pull Pembroke in for questioning and in return for releasing him and not charging his friends with more serious crimes, £50,000 was to be returned.

On 3 December 1963, which happened to be the same day that Roy James was taken into custody, the police received an anonymous tip directing them to the money in the phone box. The money was driven up to Aylesbury and taken into custody by Detective Superintendent Fewtrell, who wondered how his London colleagues could know how much money there was. He had to bring in bank clerks to count the damp and musty money to determine the final sum.<ref>Piers Paul Read ''The Train Robbers'' (1978), pp.142–143</ref>

Williams made no admission to the recovery of the money being the result of a deal with Pembroke. Despite claiming that his negotiations were responsible for the return of this money, Williams in his book ''No Fixed Address'' (1973) claimed not to know the identity of the person who had returned the money, although he did mention several robbers to whom he had offered deals through intermediaries. He noted that it seemed to him that Butler was sceptical of his efforts and that at the press conference Hatherill and Millen did not reveal the circumstances behind the find and that he was never asked to talk with them about it. Despite Pembroke being the man identified as the assailant of the train driver, Jack Mills, by Bruce Reynolds (albeit indirectly), Williams only makes mention of the assailant once in his book. In this section (often quoted by other sources), he confirms that, with Tommy Butler, he questioned the man they knew to be the assailant but that they had no evidence to convict him. Strangely, however, he makes no further mention of him.

The deal done with Pembroke caused outrage in the police hierarchy.<ref>Frank Williams ''No Fixed Address'' (1973). On p. 11 he talks about the assailant of the train driver and on pp. 68–84 he talks about where the money had gone.</ref> It is hinted in several books that the deals done by Williams were responsible for his being overlooked for promotion and that Williams was unhappy that his efforts were not recognised by Butler, but were instead hidden from superiors.

For his part, George Hatherill, in his book ''A Detective's Tale'', stated that the motive behind the return of the money was not known for certain. He said that the money was returned by "one about whom extensive inquiries had been made and who in fact was interrogated at length. But in spite of our strong suspicions, nothing could be proved against him and so no charge could be brought. My belief is that he thought we knew more about him than we did, and thinking things were getting hot, he decided to get rid of the money to avoid being found in possession with it".<ref>George Hatherill ''A Detective's Tale'' (1971), pp.214–215</ref> Hatherill does not mention Williams at all in his book. He retired on the last day of the trial at Aylesbury.

===Legal fees===
The 19 gang members who were arrested shortly after the robbery had to spend a large amount on legal fees (approximately £30,000 each).

===Money spent===
The robbers who spent much time on the run overseas—Reynolds, Wilson and Edwards—had very little left when finally arrested, having had to spend money avoiding capture and indulging in lavish lifestyles without finding employment. Much of Jimmy White's money was taken from him.

According to Marilyn Wisbey, her father's share was hidden by his father Tommy Wisbey Senior in the panels in the doors of his home. Butler raided them three times but he never found the train money. The majority of the money was reputedly entrusted to Wisbey's father and also to his younger brother Ron, who coincidentally had saved some money of his own that was confiscated by the police and returned to Ron three months later. By the time Wisbey was released from jail all of his share had either been spent or invested. Marilyn agrees with Piers Paul Read's assessment of how her father's share of approximately £150,000 was spent. Although the Wisbey share was one that was not taken by other criminals, Marilyn Wisbey is still bitter that her relatives got to spend a fair amount of the loot while the overall sum dwindled away. However, her grandfather used some of the money to buy them a house in Upper Norwood.<ref>Gangster's Moll (2001) by Marilyn Wisbey (Chapter 6 The Pubs, Pp 69–71)</ref>

Up to six of the robbers escaped punishment in one way or another - "The Ulsterman", three robbers who were never caught, John Daly who had his charges dismissed at the trial and Ronnie Biggs who escaped from jail and managed to avoid being taken back to the UK. Daly had entrusted his money to another crook. This man had betrayed him to the police and had absconded with the money. He died before Daly could catch up with him. Upon the release of the others in the mid-1970s, "Bill Jennings" got in touch with Buster Edwards and "Frank Monroe" got in touch with the South Coast Raiders. Both said that they had no money left. Danny Pembroke went initially to America and John Daly at the time was said to be living on [[unemployment benefits]] in the west of England.<ref>The Train Robbers (1978), Piers Paul Read, Pp244-245</ref> Ronnie Biggs quickly spent his share getting a new life. He loved his new life in Australia, although by the time his family arrived in 1966, all but £7,000 had been spent. £55,000 had been paid as a package deal to get him out of the UK. The rest had gone on legal fees and expenses.<ref>Odd Man Out, Ronnie Biggs</ref>