Lexiintoronto
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Cannot recall if the 10 million$ reward still stands, but found this sentiment about rewards in general interesting- rbbm.
What money can't buy: information
2007
''Money is offered for "evidence leading to the arrest and conviction" of the culprit. That evidence must be given in court and prosecutors must successfully convict the accused - a deterrent for would-be snitches.
Yet a reward can be valuable in other ways. If a suspect is under surveillance, the announcement of a reward can bring incriminating phone calls or other giveaways.
"It might get the bad guy or bad girl thinking, 'Which one of my friends is going to rat me out for a hundred grand?' " Mr. Mendelson says.''
Dec 16, 2019
Your second-last paragraph might answer one of the mysteries—how did chief Saunders know that the killer or killers were watching the Greenspan press conference where the reward was announced?
Maybe they were monitoring a few people.
Your post made me look further and I found this:
"Police rewards are offered in those [cases] which cause moral outrage, so you're talking at the high end of the continuum, things like murder, elderly people that have been severely battered - the ones that appeal to human sympathy and emotion."
However, there is little evidence of whether cash rewards do have a positive effect and how often they are paid out.
Even if the police receive a tip off, it may not amount to anything and conditions on the reward may mean the tipster is not eligible for the money, if the information does not "directly" lead to a successful conviction.
"This can be immensely difficult [to prove]," Mr Howe said.
"In some cases, it is obvious if it is the only piece of evidence standing.”
Do cash rewards actually help catch criminals?
That made me think of the possible wrist bindings. What if someone still has them?