Current:Home > Stocks$30 million stolen from security company in one of Los Angeles' biggest heists -ProfitPoint
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-16 02:49:12
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! (7147)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Best fantasy football value picks? Start with Broncos RB Javonte Williams
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Cooking Fundamentals
- French actor Gerard Depardieu should face trial over rape allegations, prosecutors say
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Disney x Kate Spade’s Snow White Collection Is the Fairest of Them All & Everything Is an Extra 40% Off
- Gunmen open fire on a school van in Pakistan’s Punjab province, killing 2 children
- Earthquake shakes Hawaii's Big Island as storms loom in the Pacific
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Former New Hampshire lawmaker loses right to vote after moving out of his district
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Housing market showing glimmers of hope amid grim reports
- US Open storylines: Carlos Alcaraz, Coco Gauff, Olympics letdown, doping controversy
- Savannah Chrisley shares touching email to mom Julie Chrisley amid federal prison sentence
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Michigan girl, 14, and 17-year-old boyfriend charged as adults in plot to kill her mother
- Teen Mom's Kailyn Lowry Engaged to Elijah Scott After Welcoming Twins
- Megalopolis Trailer Featuring Fake Film Critic Quotes Pulled Amid Controversy
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Taye Diggs talks Lifetime movie 'Forever,' dating and being 'a recovering control freak'
Cristiano Ronaldo starts Youtube channel, gets record 1 million subscribers in 90 minutes
Last Chance to Save Up to 90% Off at Nordstrom Rack's Back-to-School Sale: $16 Jackets, $20 Shoes & More
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
French actor Gerard Depardieu should face trial over rape allegations, prosecutors say
Lady Gaga Welcomes First New Puppy Since 2021 Dog Kidnapping Incident
$1M verdict for teen, already a victim when she was assaulted by an officer