Current:Home > Markets$30 million stolen from security company in one of Los Angeles' biggest heists -Wealth Evolution Experts
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-13 11:47:26
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! (191)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Tigers ace Tarik Skubal shuts down Astros one fastball, one breath, and one howl at a time
- John Amos remembered by Al Roker, 'West Wing' co-stars: 'This one hits different'
- Trump won’t participate in interview for ’60 Minutes’ election special
- What do we know about the mysterious drones reported flying over New Jersey?
- Opinion: One missed field goal keeps Georgia's Kirby Smart from being Ohio State's Ryan Day
- Biden estimates recovery could cost billions ahead of visit to Helene-raved Carolinas
- Ronan Day-Lewis (Daniel's son) just brought his dad out of retirement for 'Anemone' movie
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Arkansas medical marijuana supporters sue state over decision measure won’t qualify for ballot
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Federal appeals court rejects Alex Murdaugh’s appeal that his 40-year theft sentence is too harsh
- Grandparents found hugging one another after fallen tree killed them in their South Carolina home
- Harris, Trump’s approach to Mideast crisis, hurricane to test public mood in final weeks of campaign
- The Super Bowl could end in a 'three
- 11 workers at a Tennessee factory were swept away in Hurricane Helene flooding. Only 5 were rescued
- Outer Banks’ Madison Bailey Hints Characters Will Have “Different Pairings” in Season 4
- Sabrina Carpenter Shuts Down Lip-Syncing Rumors Amid Her Short n’ Sweet Tour
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
California lawmakers advance bill to prevent gas prices from spiking
Federal appeals court rejects Alex Murdaugh’s appeal that his 40-year theft sentence is too harsh
Mark Estes Breaks Silence on Kristin Cavallari Split
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Sarah Hyland's Former Manager Accuses Her of Denying Him Modern Family Royalties
Daniel Day-Lewis Returning to Hollywood After 7-Year Break From Acting
NFL power rankings Week 5: Do surging Baltimore Ravens rocket all the way up to No. 1?