Current:Home > Contact$30 million stolen from security company in one of Los Angeles' biggest heists -AssetLink
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-15 04:16:23
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! (5214)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Madison Beer Recalls Trauma of Dealing With Nude Video Leak as a Teen
- Drag queen Pattie Gonia wanted a scary Halloween costume. She went as climate change
- A small town ballfield took years to repair after Hurricane Maria. Then Fiona came.
- Could your smelly farts help science?
- Investors have trillions to fight climate change. Developing nations get little of it
- Love Is Blind Production Company Responds to Contestants' Allegations of Neglect
- Traditional Plant Knowledge Is Not A Quick Fix
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Predicting Landslides: After Disaster, Alaska Town Turns To Science
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- See Elon Musk Play With His and Grimes’ Son X AE A-XII in Rare Photos
- The Myth of Plastic Recycling
- Love Is Blind's Paul Reveals the Cast Member He Dated After Micah Breakup
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- 14 Armenian-Owned Brands to Support Now & Always
- Pulling Back The Curtain On Our Climate Migration Reporting
- Are climate change emissions finally going down? Definitely not
Recommendation
Highlights from Trump’s interview with Time magazine
Predicting Landslides: After Disaster, Alaska Town Turns To Science
Australia argues against 'endangered' Barrier Reef status
Traditional Plant Knowledge Is Not A Quick Fix
Global Warming Set the Stage for Los Angeles Fires
Vanderpump Rules' Latest Episode Shows First Hint at Tom Sandoval and Raquel Leviss' Affair
Khloe Kardashian Pitches Single K Sisters for Next Season of Love Is Blind
FAQ: What's at stake at the COP27 global climate negotiations