Tuesday, 19 November 2024

LA thieves steal $30M in cash on Easter Sunday: One of largest heists in city's history


30 million dollars stolen los angeles
© FOX11 Los Angeles KTTVThieves broke into a money storage facility on in Sylmar California on Sunday, March 31, 2024 and stole $30 million in cash from its vault.
Massive theft not detected until Monday morning

A crew of burglars broke into a money storage facility in Los Angeles on Easter Sunday and got away with as much as $30 million in cash in what may be one of the largest heists the city has ever seen.

The heist is believed to have taken place at a GardaWorld facility in Sylmar, a suburban neighborhood located in the San Fernando Valley, FOX11 Los Angeles reported.

The burglars are believed to have broken into the facility either through the side of the building or the roof before cracking the vault without setting off any alarms.

30 million theft los angeles
© FOX11 Los Angeles KTTVWhile police did not name the business, local reports say it is believed to be a GardaWorld facility.
The business did not discover the massive theft until Monday when employees opened the vault, which the local station reported showed no obvious signs it had been broken into.

GardaWorld has branches worldwide and over 132,000 employees. It specializes in cash services, which include ATM services and armored truck transport. According to its website, some of its clients are Fortune 500 companies and even U.S. and international government agencies.

The Los Angeles Times said the heist was among the largest cash burglaries in Los Angeles history, including any armored car heist in the city.

The Los Angeles Police Department is working with the FBI to investigate the theft. No further details were immediately available.

The theft comes nearly two years after as much as $100 million in jewels and other valuables were stolen from a Brink's big rig at a Southern California truck stop. The thieves have not been caught.
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