Current:Home > Invest$30 million stolen from security company in one of Los Angeles' biggest heists -GrowthSphere Strategies
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-15 02:14:16
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! (2)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- How a DIY enthusiast created a replica of a $126,000 Birkin handbag for his girlfriend
- Publishers Clearing House to pay $18.5 million settlement for deceptive sweepstakes practices
- Microscopic Louis Vuitton knockoff bag narrow enough to pass through the eye of a needle sells for more than $63,000
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Zendaya Reacts to Tom Holland’s “Sexiest” Picture Ever After Sharing Sweet Birthday Tribute
- In West Texas Where Wind Power Means Jobs, Climate Talk Is Beside the Point
- This Shirtless Video of Chad Michael Murray Will Delight One Tree Hill Fans
- Arkansas State Police probe death of woman found after officer
- See Inside Millie Bobby Brown and Jake Bongiovi's Engagement Party
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- In West Texas Where Wind Power Means Jobs, Climate Talk Is Beside the Point
- Congress Passed a Bipartisan Conservation Law. Then the Trump Administration Got in its Way
- Clean Energy Soared in the U.S. in 2017 Due to Economics, Policy and Technology
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Check Out the Most Surprising Celeb Transformations of the Week
- Five Years After Speaking Out on Climate Change, Pope Francis Sounds an Urgent Alarm
- This Flattering Amazon Swimsuit Coverup With 3,300+ 5-Star Reviews Will Be Your Go-to All Summer Long
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
The Man Who Makes Greenhouse Gas Polluters Face Their Victims in Court
DoorDash says it will give drivers the option to earn a minimum hourly wage
‘Is This Real Life?’ A Wall of Fire Robs a Russian River Town of its Nonchalance
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
California’s Car Culture Is Slowing the State’s Emissions Cuts
Flash Deal: Save $200 on a KitchenAid Stand Mixer
Judge signals Trump hush money case likely to stay in state court