Current:Home > Markets$30 million stolen from security company in one of Los Angeles' biggest heists -FundGuru
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-13 03:48:37
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! (2386)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Emma Stone's 'Poor Things' wins Golden Lion prize at 80th Venice Film Festival
- Watch the precious, emotional moment this mama chimp and her baby are finally reunited
- The death toll from floods in Greece has risen to 15 after 4 more bodies found, authorities say
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Spanish soccer president Luis Rubiales resigns after nonconsensual kiss at Women’s World Cup final
- Explosion at Archer Daniels Midland facility in Illinois injures employees
- Overdose-reversing drug administered to puppy after possible fentanyl exposure in California
- The company planning a successor to Concorde makes its first supersonic test
- Number of missing people after Maui wildfires drops to 66, Hawaii governor says
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Montana park partially closed as authorities search for grizzly bear that mauled hunter
- Stranded American caver arrives at base camp 2,300 feet below ground
- Former CEO of China’s Alibaba quits cloud business in surprise move during its leadership reshuffle
- A White House order claims to end 'censorship.' What does that mean?
- 'The Nun 2' spoilers! What that post-credits scene teases for 'The Conjuring' future
- Protests kick off at Israeli justice minister’s home a day before major hearing on judicial overhaul
- Misery Index Week 2: Alabama has real problems, as beatdown by Texas revealed
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
What to know about the Morocco earthquake and the efforts to help
Moroccan soldiers and aid teams battle to reach remote, quake-hit towns as toll rises past 2,400
Tribute paid to Kansas high school football photographer who died after accidental hit on sidelines
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
A security guard was shot and wounded breaking up a fight outside a NY high school football game
Kylie Jenner and Jordyn Woods Film Their First Video Together in 4 Years Following Reunion
Google faces off with the Justice Department in antitrust showdown: Here’s everything we know