Current:Home > Scams$30 million stolen from security company in one of Los Angeles' biggest heists -ValueCore
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-19 17:19:05
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! (3)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- A hail stone the size of a pineapple was found in Texas. It likely sets a state record
- Adam Levine Is Returning to The Voice: Meet His Fellow Season 27 Coaches
- Ohio State football gets recruiting commitment for 2025 class from ... Bo Jackson
- Trump issues order to ban transgender troops from serving openly in the military
- Baby Reindeer Star Jessica Gunning Comes Out as Gay
- WNBA rescinds technical foul given to Angel Reese that resulted in her ejection
- No, you probably didn't win a free vacation. Don't let these scams ruin your summer fun
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Atlanta mayor pledges to aid businesses harmed by water outages as he looks to upgrade system
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- New Mexico voters oust incumbents from Legislature with positive implications for paid family leave
- Sturgill Simpson to release new album under a new name, embark on 2024 concert tour
- Clubhouse programs take pressure off overwhelmed Texas mental health hospitals
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- NHL to broadcast Stanley Cup Final games in American Sign Language, a 1st for a major sports league
- Tension between North and South Korea flares as South plans resumption of front-line military activities
- What Jelly Roll, Ashley McBryde hosting CMA Fest 2024 says about its next 50 years
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
NHL to broadcast Stanley Cup Final games in American Sign Language, a 1st for a major sports league
Tension between North and South Korea flares as South plans resumption of front-line military activities
3 killed in shooting at Montgomery grocery store
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Slovakia’s Fico says he was targeted for Ukraine views, in first speech since assassination attempt
Judge dismisses cruelty charges against trooper who hit loose horse with patrol vehicle
Nancy Lieberman on Chennedy Carter: 'If I were Caitlin Clark, I would've punched her'