Crime & Safety

$30 Million Easter Heist One Of LA's Largest Heists In History

A burglary crew seemed to get in and out of a money storage facility unnoticed on Sunday as they made out with $30 million in cash.

LOS ANGELES, CA — Thieves descended from the roof of a money storage facility in the San Fernando Valley on Easter Sunday and made off with $30 million in cash, one of the largest heists in Los Angeles history, according to reports.

No alarms notified the police as the burglary crew breached the Gardaworld building and the safe where the money was stored, LA Police Department Commander Elaine Morales told the Los Angeles Times.

The Gardaworld building is located in Sylmar and stores cash from businesses across the region, Morales said. Authorities said the burglary is among the largest cash thefts in the city's history, surpassing any armored-car heist in the city.

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According to the Times, the business operators weren't aware of the theft until the next day when they opened the vault. Videos from ABC-7 reports showed a large cut on the side of the building that was covered by wood.

Law enforcement told the Times that it seemed like there was an attempt to breach the side of the building in addition to the roof. A source told the Times that there was at least one alarm that went off, but it wasn't connected to local law enforcement.

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Police said very few people knew how much money was kept in the safe and described the crime as elaborate. Authorities suggested an experienced crew who knew how to gain entry to a secure facility unnoticed carried out the theft.

A source told the Times that investigators are still working on figuring out exactly how much money was stolen, but it very well could be the largest cash heist in LA ever. Previously, the largest cash robbery was on Sept. 12, 1997, with $18.9 million stolen from the former site of the Dunbar Armored facility.

City News Service contributed to this report.


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