$30M LA Heist Wasn't Detected Until Next Day

Police say thieves broke into money storage facility
By Newser Editors and Wire Services
Posted Apr 4, 2024 4:24 AM CDT
Updated Apr 7, 2024 6:03 AM CDT
Up to $30M Stolen From LA Cash Storage Facility
It was one of the largest cash heists in Los Angeles history.   (Getty Images/Pineapple Studio)

Thieves stole as much $30 million in an Easter Sunday burglary at a Los Angeles money storage facility in one of the largest cash heists in city history, police said Wednesday. The burglary occurred Sunday night at an unnamed facility in the Sylmar area of the San Fernando Valley where cash from businesses across the region is handled and stored, LA Police Department Commander Elaine Morales told the Los Angeles Times. The burglars were able to breach the building as well as the safe where the money was stored, Morales said.

Sources told the Times that the burglars got in through the roof, though it's not clear how they avoided setting off alarms. The operators of the business, whom police did not identify, did not discover the massive theft until they opened the vault on Monday. The break-in was among the largest cash burglaries in Los Angeles history, and the total surpassed any armored-car heist in the city as well, according to the Times. The theft comes nearly two years after as much as $100 million in jewels and other valuables were stolen from a Brink's rig at a Southern California truck stop, the AP reports. The thieves haven't been caught.

(More Los Angeles stories.)

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