
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(April 4).
GardaWorld facility, located near the intersection of Roxford Street and San Fernando Road in Sylmar handles and stores cash across the region in LA. This is one of the largest cash heists to ever have happened in Los Angeles in terms of cash.
It is still unclear how the burglars gained access to the facility and the safe containing the money. Investigators believe the burglars may have accessed the facility by smashing through the roof. Even from the exterior, there were no traces of a break-in.
Detectives are investigating the potential of an inside job because few individuals are aware that the safe contains a substantial quantity of cash.
Before the Easter Sunday burglary, the biggest cash heist in Los Angeles transpired on September 12, 1997, when $18.9 million was stolen from the old site of the Dunbar Armored facility on Mateo Street.
While there are no suspects in the Easter heist, the LAPD and FBI are working together on the case.
Sunday's incident follows almost two years after a multimillion-dollar jewelry robbery from a Brink's big rig at a Grapevine truck stop. Up to $100 million in gems and valuables were stolen from the truckon July 11, 2022.