Current:Home > Invest$30 million stolen from security company in one of Los Angeles' biggest heists -Streamline Finance
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-15 04:19:11
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! (467)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 'Big wave:' College tennis has become a legitimate path to the pro level
- Florida Governor Ron DeSantis faces Black leaders’ anger after racist killings in Jacksonville
- A fire-rescue helicopter has crashed in Florida; officials say 2 are injured
- Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
- Tropical Storm Idalia forms in the Gulf of Mexico
- Neurosurgeon investigating patient’s mystery symptoms plucks a worm from woman’s brain in Australia
- Florida braces for 'extremely dangerous' storm as Hurricane Idalia closes in: Live updates
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Killer identified in Massachusetts Lady of the Dunes cold case
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Backpage founder faces 2nd trial over what prosecutors say was a scheme to sell ads for sex
- Nasty Gal End-of-Season Sale: Shop 25 Under $50 Everyday Essentials
- Whatever happened in Ethiopia: Did the cease-fire bring an end to civilian suffering?
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Olivia Culpo Shares Update on Sister Sophia Culpo After Breakup Drama
- Man who killed 3 at a Dollar General in Jacksonville used to work at a dollar store, sheriff says
- UNC faculty member killed in campus shooting and a suspect is in custody, police say
Recommendation
Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
Elton John Hospitalized After Falling At Home in the South of France
Selena Gomez Reveals She Broke Her Hand
Below Deck Down Under Loses Another Crewmember After Heartbreaking Firing
The seven biggest college football quarterback competitions include Michigan, Ohio State
How Bradley Cooper and Irina Shayk's Enviably Friendly Parenting Arrangement Really Works
Bachelorette Contestant Josh Seiter Dead at 36
Mark Meadows argues GA election call 'part of my role'; Idalia strengthens: 5 Things podcast