Current:Home > reviews$30 million stolen from security company in one of Los Angeles' biggest heists -Financial Clarity Guides
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-27 07:42:07
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! (5)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Atlanta Falcons hiring Raheem Morris as next head coach
- Cyprus government unveils support measures for breakaway Turkish Cypriots ahead of UN envoy’s visit
- A private prison health care company accused of substandard care is awarded new contract in Illinois
- Buckingham Palace staff under investigation for 'bar brawl'
- An American reporter jailed in Russia loses his appeal, meaning he’ll stay in jail through March
- Former prominent Atlanta attorney who shot his wife in SUV pleads guilty to lesser charges
- NRA chief Wayne LaPierre takes the stand in his civil trial, defends luxury vacations
- Global Warming Set the Stage for Los Angeles Fires
- Former Los Angeles council member sentenced to 13 years in prison for pay-to-play corruption scandal
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Teen Mom's Kailyn Lowry Shares First Photo of Her Twins
- NFL reaches ‘major milestone’ with record 9 minority head coaches in place for the 2024 season
- Biden delays consideration of new natural gas export terminals. Democrat cites risk to the climate
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Coco Gauff eliminated from Australian Open in semifinal loss to Aryna Sabalenka
- Plane crashes into residential neighborhood in New Hampshire, pilot taken to hospital
- Jimmy Buffett Day: Florida 'Margaritaville' license plate, memorial highway announced
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Guantanamo panel recommends 23-year sentences for 2 in connection with 2002 Bali attacks
Small cargo plane crashes after takeoff from New Hampshire airport, pilot hospitalized
Missiles targeting a ship off Yemen explode without damage, the UK military says
Louvre will undergo expansion and restoration project, Macron says
Welcome to USA TODAY Ad Meter 2024: Register to rate the best big game commercials
LSU vs. South Carolina highlights, score, stats: Gamecocks win after Angel Reese fouls out
Ingenuity, NASA's little Mars helicopter, ends historic mission after 72 flights