Current:Home > My$30 million stolen from security company in one of Los Angeles' biggest heists -ProfitSphere Academy
$30 million stolen from security company in one of Los Angeles' biggest heists
Indexbit Exchange View
Date:2025-04-09 11:23:18
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! (77432)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Department of Defense says high-altitude balloon detected over Western U.S. is hobbyist balloon
- Watch this missing cat come wandering home
- Woman killed during a celebration of Chiefs’ Super Bowl win to be remembered at funeral
- Questlove charts 50 years of SNL musical hits (and misses)
- Yale joins other top colleges in again requiring SAT scores, saying it will help poor applicants
- How Portugal eased its opioid epidemic, while U.S. drug deaths skyrocketed
- MLB's jersey controversy isn't the first uproar over new uniforms: Check out NBA, NFL gaffes
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Judge throws out Chicago ballot measure that would fund services for homeless people
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- An oil boom, a property slump and dental deflation
- Remains identified as Oregon teen Sandra Young over half a century after she went missing
- Man who uses drones to help hunters recover deer carcasses will appeal verdict he violated laws
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Man guilty in Black transgender woman's killing in 1st federal hate trial over gender identity
- Woman killed during a celebration of Chiefs’ Super Bowl win to be remembered at funeral
- Olympic champion Suni Lee finds she's stronger than she knew after facing health issue
Recommendation
Could your smelly farts help science?
Andy Cohen apologizes, denies sexually harassing Brandi Glanville in 2022 video call
Inherited your mom's 1960s home? How to use a 1031 exchange to build wealth, save on taxes
Assault claims roil Iditarod sled dog race as 2 top mushers are disqualified, then 1 reinstated
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Howard University is making history as the first HBCU to take part in a figure skating competition
Celebrity owl Flaco dies a year after becoming beloved by New York City for zoo escape
Don't screw it up WWE: Women's championship matches need to main event WrestleMania 40