The FBI and Los Angeles Police Department are currently investigating one of the largest cash heists in the city's history, with as much as $30 million stolen from a money storage facility in the San Fernando Valley. The burglary took place on the night of Easter Sunday at a facility in Sylmar, a suburban neighborhood in the San Fernando Valley where cash from businesses across the region is handled and stored.
Burglars managed to gain access to the building and enter the vault without triggering any alarms, indicating a high level of sophistication. Investigators suspect that the group responsible for the heist may have had inside knowledge of the facility, given their ability to evade detection.
The facility in question was operated by private security firm GardaWorld. The FBI Los Angeles office confirmed that they are investigating a 'large theft' in the San Fernando Valley and are collaborating with the LAPD on the case. The authorities have not disclosed further details about the ongoing investigation.
This incident marks one of the largest cash heists in the city since September 12, 1997, when $18.9 million was stolen from the former site of the Dunbar Armored Inc. facility on Mateo Street. The suspects involved in that case were eventually apprehended.
