Burglars Swipe $30M in LA’s Largest Cash Heist
TL/DR –
The FBI and the Los Angeles Police Department are investigating a cash heist from a money storage facility in the San Fernando Valley, reportedly one of the largest in LA’s history, involving as much as $30 million. The burglary, which took place on Easter Sunday, is suspected to have been carried out by a sophisticated group that managed to gain access without setting off any alarms, raising suspicions of potential inside knowledge. The facility is operated by private security firm GardaWorld.
FBI and LAPD Investigate Major Cash Heist in Los Angeles
The FBI and Los Angeles Police Department (LAPD) are investigating one of the biggest cash heists in Los Angeles history. An estimated $30 million was stolen from a San Fernando Valley money storage facility, according to a law enforcement source.
The burglary took place on Easter Sunday night at a facility in Sylmar, a suburban neighborhood in the San Fernando Valley. This facility handles and stores cash from various regional businesses.
News of this major theft was first reported by the Los Angeles Times.
The FBI Los Angeles office confirmed they are investigating a large theft in the San Fernando Valley, working in conjunction with the LAPD. Further details were not provided due to the ongoing investigation. All comments have been deferred to the FBI by the LAPD.
According to the source, the burglars managed to gain access to the building and the vault without triggering any alarms. Investigators believe a sophisticated group is behind this heist based on their ability to evade detection. The investigation is focusing on whether the group had insider knowledge of the facility. The heist was discovered the following Monday.
The facility is operated by private security firm GardaWorld. No comments have been received from the company regarding the incident yet.
The Los Angeles Times stated that the previous largest cash heist in the city occurred on September 12, 1997. An amount of $18.9 million was stolen from the former Dunbar Armored Inc. facility on Mateo Street. The suspects in that case were eventually apprehended.
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