Thursday, 26 December 2024

Burglars Make off With $30 Million in Massive LA Heist


Burglars Make off With $30 Million in Massive LA Heist

Screenshot, X @GCapital_LLC, Cropped by Resist the Mainstream

The FBI and the Los Angeles Police Department are delving into one of the most substantial cash thefts in Los Angeles history, following the theft of up to $30 million from a money storage facility in the San Fernando Valley.

This considerable sum was taken on Easter Sunday night from a facility in Sylmar, a location where cash from various regional businesses is stored and processed, according to an FBI source who spoke to CNN.

The magnitude of this heist positions it among the city's most audacious thefts, overshadowing the previous record set in 1997 when $18.9 million was stolen from the Dunbar Armored Inc. facility.

The facility was operated by GardaWorld, a private security firm. The way the burglars accessed the building and vault—evading alarm systems—suggests they were not only highly organized but might have had insider information about the facility's operations.

This event was initially reported by the Los Angeles Times, highlighting its significance in the annals of Los Angeles crime. In response to inquiries, the FBI Los Angeles office acknowledged their investigation into the theft, collaborating closely with the LAPD. However, detailed information remains scarce due to the ongoing nature of the investigation.

The theft of $30 million from a money storage facility in Sylmar surpasses the record set by the aforementioned 1997 Dunbar Armored robbery, where $18.9 million was stolen. The Dunbar Armored heist remained the largest in the city's history until this recent incident. Both cases highlight the vulnerability of cash handling and storage facilities to sophisticated criminal schemes.

Following the Dunbar Armored robbery, improvements in security protocols were implemented across the industry, yet the recent heist underscores the ongoing challenge of safeguarding against internal and external security threats. This incident could lead to further security enhancements within the cash storage and transportation sector

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