Current:Home > News$30 million stolen from security company in one of Los Angeles' biggest heists -Golden Summit Finance
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-12 11:57:55
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! (46212)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Why Fans Think Ariana Grande’s New Music Is About ex Dalton Gomez
- Lawsuit accuses Portland police officer of fatally shooting unarmed Black man in the back
- Trump posts $91 million bond to appeal E. Jean Carroll defamation verdict
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- 'Jersey Shore' star Mike 'The Situation' Sorrentino and wife announce birth of 3rd child
- When is Ramadan 2024? What is it? Muslims set to mark a month of spirituality, reflection
- When is Ramadan 2024? What is it? Muslims set to mark a month of spirituality, reflection
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- 'Love is Blind' reunion trailer reveals which cast members, alums will be in the episode
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Media mogul Rupert Murdoch is planning a fifth walk down the aisle this June
- Media mogul Rupert Murdoch is planning a fifth walk down the aisle this June
- What is happening in Haiti? Here's what to know.
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Utah man serenaded by Dolly Parton in final wish dies of colon cancer at 48
- Behind the scenes with the best actor Oscar nominees ahead of the 2024 Academy Awards ceremony
- The Rock joining Roman Reigns for WrestleMania 40 match against Cody Rhodes, Seth Rollins
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
The Rock joining Roman Reigns for WrestleMania 40 match against Cody Rhodes, Seth Rollins
Who is Katie Britt, the senator who delivered the Republican State of the Union response?
Save up to 71% off the BaubleBar x Disney Collection, Plus 25% off the Entire Site
2 killed, 3 injured in shooting at makeshift club in Houston
NHL trade grades: Champion Golden Knights ace deadline. Who else impressed? Who didn't?
Lead-tainted cinnamon has been recalled. Here’s what you should know
Behind the scenes with the best actor Oscar nominees ahead of the 2024 Academy Awards ceremony