Current:Home > News$30 million stolen from security company in one of Los Angeles' biggest heists -MoneySpot
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-24 16:04:48
Thieves stole as much as $30 million from a money storage facility in Los Angeles on Easter Sunday in one of the biggest cash heists in the city's history, the Los Angeles Times reported.
Wednesday that The theft happened at a facility in the Sylmar area of the San Fernando Valley, where cash from businesses across the region is handled and stored, Los Angeles police Cmdr. Elaine Morales told the Times.
While Morales did not name the facility, KABC-TV reported that the theft took place at a GardaWorld, a global cash management and security company. GardaWorld did not immediately respond to USA TODAY's request for a comment Thursday.
Burglars entered without activating the alarm
The burglars were able to break into the building, as well as the safe where the money was stored, without activating the alarms, Morales told the newspaper. Officials familiar with the case told KABC-TV that the burglars might have entered the building through the roof and somehow made their way to the money storage area, "which may have been a vault."
Police told the Times that there was no indication of a heist from outside, and that the missing cash was not discovered until the vault was opened on Monday by the business operators.
KABC-TV reported that an "apparent hole" was seen on the side of the building "that was boarded up," with a pile of debris next to it. However, it is not clear if the damage was related to Sunday's heist.
Skimming fraud on the rise:New bust included pinhole cameras, authorities say
FBI and LAPD jointly investigating heist
Los Angeles police told USA TODAY that the theft was being jointly investigated with the Federal Bureau of Investigation and that all inquiries would be handled directly by the federal agency. The FBI, meanwhile, did not immediately respond to USA TODAY's request for an update on the investigation.
Law enforcement officials told the Times that the incident was perplexing, given that only a handful of people would have known about the money in the safe. The break-in was described as being elaborate, suggesting that those who were able to gain access to the facility were experienced and well-versed with the system.
Sunday's break-in is among the largest cash burglaries in Los Angeles, according to the Times. The extent of the damage will not be known until the investigation is complete.
Sylmar is approximately 23 miles north of downtown Los Angeles.
Saman Shafiq is a trending news reporter for USA TODAY. Reach her at sshafiq@gannett.com and follow her on X, the platform formerly known as Twitter @saman_shafiq7.
veryGood! (71966)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- TikToker Nara Smith Reveals If She's Having More Kids With Lucky Blue Smith
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Athletes' Parade
- TikToker Nara Smith Reveals If She's Having More Kids With Lucky Blue Smith
- This was the average Social Security benefit in 2004, and here's what it is now
- US confirms role in identifying alleged terrorist plot for Taylor Swift shows
- Inside Hailee Steinfeld and Josh Allen’s Winning Romance
- Proof Jessica Biel Remains Justin Timberlake’s Biggest Fan
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Quincy Wilson says he 'wasn't 100% myself' during his Olympics debut in 4x400 relay
Ranking
- Nevada attorney general revives 2020 fake electors case
- Trump’s endorsement will be tested as Wisconsin voters decide key primaries
- J. Robert Harris: A Pioneer in Quantitative Trading
- Paris has beautifully meshed Olympics with city, shining new light on iconic spaces
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- US Coast Guard patrol spots Russian military ship off Alaska islands
- University of Vermont president picked to lead the University of Arizona
- Everyone agrees there’s a homeless crisis in the US. Plans to address it vary among mayor candidates
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
California bookie pleads guilty to running illegal gambling business used by ex-Ohtani interpreter
Winter is coming for US men's basketball. Serbia game shows it's almost here.
BMW recalls more than 100,000 cars due to overheating motor: See full list
A White House order claims to end 'censorship.' What does that mean?
Dodgers star Mookie Betts to play right, bat second when he returns Monday
Rumer Willis Claps Back at Critics Over Her Promotion of Sex Toys
Hirono is heavily favored to win Hawaii’s Democratic primary as she seeks reelection to US Senate