Current:Home > Finance$30 million stolen from security company in one of Los Angeles' biggest heists -Stellar Wealth Sphere
$30 million stolen from security company in one of Los Angeles' biggest heists
View
Date:2025-04-18 04:08:06
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! (978)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- A Texas execution is renewing calls for clemency. It’s rarely granted
- Judge denies an order sought by a Black student who was punished over his hair
- Battered community mourns plastics factory workers swept away by Helene in Tennessee
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Barbie releases new doll for Diwali to 'celebrate the power and beauty of diversity'
- Video shows 'world's fanciest' McDonald's, complete with grand piano, gutted by Helene
- Inside a North Carolina mountain town that Hurricane Helene nearly wiped off the map
- Meet first time Grammy nominee Charley Crockett
- Ex-Detroit Lions quarterback Greg Landry dies at 77
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Mormon church leaders encourage civility as Trump and Harris rally religious voters
- You may want to think twice before letting your dog jump in leaves this fall
- Maryland cancels debt for parole release, drug testing fees
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Ex-Detroit Lions quarterback Greg Landry dies at 77
- A Texas execution is renewing calls for clemency. It’s rarely granted
- Washington state fines paper mill $650,000 after an employee is killed
Recommendation
North Carolina justices rule for restaurants in COVID
Bibles that Oklahoma wants for schools match version backed by Trump
Some perplexed at jury’s mixed verdict in trial for 3 former officers in Tyre Nichols’ death
As affordable housing disappears, states scramble to shore up the losses
Military service academies see drop in reported sexual assaults after alarming surge
Opinion: KhaDarel Hodge is perfect hero for Falcons in another odds-defying finish
Artem Chigvintsev Responds After Nikki Garcia Says He Attacked Her
Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance