In one of L.A.'s largest cash heists, burglars steal as much as $30 million in elaborate operation

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CALIFORNIA
In one of L.A.’s largest cash heists, burglars steal as much as $30 million in elaborate operation

By Richard Winton
Staff Writer
Published April 3, 2024 Updated April 4, 2024 9:28 AM PT

In one of the largest cash heists in Los Angeles history, thieves made off with as much as $30 million in an Easter Sunday burglary at a San Fernando Valley money storage facility, an L.A. police official revealed Wednesday.

The burglary occurred Sunday night at a facility in Sylmar where cash from businesses across the region is handled and stored, according to L.A. Police Department Cmdr. Elaine Morales.

The burglars were able to breach the building as well as the safe where the money was stored, Morales said. Law enforcement sources said the break-in was among the largest burglaries in city history when it comes to cash, and the total surpassed any armored-car heist in the city as well.

Mystery surrounds the break-in. ... Sources familiar with the investigation told The Times a burglary crew broke through the roof of the Gardaworld building on Roxford Street to gain access to the vault. But it is unclear how they avoided the alarm system. ... The Canada-based security company has not responded to requests for comment.

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