Cops and Robbers is a 1973 crime comedy film directed by Aram Avakian with an original screenplay by Donald E. Westlake which he subsequently expanded into a novel.
The film stars Cliff Gorman and Joseph Bologna as Tom and Joe, two corrupt New York City Police Department (NYPD) officers who plan a heist to fund an early retirement for each.
Though they have rather content lives with families and homes, Tom and Joe are unhappy with their dangerous policing jobs that offer little pay, and seek more money for a better lifestyle.
Tom and Joe decide to rob the brokerage house in patrol uniforms during a ticker-tape parade for returning NASA astronauts, but after stealing the bonds, they rip them up and throw them out of a window alongside the ticker tape.
Tom and Joe flee in police cars into a section of Central Park where only bicycles and emergency vehicles are allowed, where they are intended to collect their $2 million payout, but the pickup is revealed to be a trap by the mob.