Current:Home > Markets$30 million stolen from security company in one of Los Angeles' biggest heists -Thrive Money Mindset
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-17 05:42:40
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 [email protected] and follow her on X, the platform formerly known as Twitter @saman_shafiq7.
veryGood! (66683)
Related
- Grammy nominee Teddy Swims on love, growth and embracing change
- Erin Andrews Reveals Why She's Nervous to Try for Another Baby
- Notre Dame-Stanford weather updates: College football game delayed for inclement weather
- Why Kerry Washington Thinks Scandal Would Never Have Been Made Today
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- 1 person killed and at least 12 wounded in shooting at Oklahoma City party
- Arkansas dad shoots, kills man found with his missing 14-year-old daughter, authorities say
- For Olympians playing in WNBA Finals, 'big moment' experience helps big-time in postseason
- Questlove charts 50 years of SNL musical hits (and misses)
- North Carolina football player Tylee Craft dies from rare lung cancer at 23
Ranking
- The White House is cracking down on overdraft fees
- American Pickers Star Frank Fritz's Cause of Death Revealed
- Singer El Taiger Dead at 37 One Week After Being Found With Gunshot Wound to the Head
- A vehicle dropping off a shooting victim struck 3 nurses, critically wounding 1
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Children and adults transported to a Pennsylvania hospital after ingesting ‘toxic mushrooms’
- Watch: Rick Pitino returns to 'Camelot' for Kentucky Big Blue Madness event
- Becky G tour requirements: Family, '90s hip-hop and the Wim Hof Method
Recommendation
A South Texas lawmaker’s 15
Notre Dame-Stanford weather updates: College football game delayed for inclement weather
Why 'Terrifier 3' star David Howard Thornton was 'born to play' iconic Art the Clown
New York Yankees back in ALCS – and look like they're just getting started
What do we know about the mysterious drones reported flying over New Jersey?
Documents show OpenAI’s long journey from nonprofit to $157B valued company
Climate Change Made Hurricane Milton Stronger, With Heavier Rain, Scientists Conclude
'It's relief, it's redemption': Dodgers knock out rival Padres in NLDS with total team effort