Unprecedented Heist: Thieves Make Off with $30M from Los Angeles Money Storage Facility

Thieves in Los Angeles executed one of the city's largest cash heists in history, stealing as much as $30 million from a money storage facility over the Easter weekend. The break-in occurred at an undisclosed facility in the Sylmar area of the San Fernando Valley, which handles and stores cash from various businesses across the region. Authorities believe the burglars entered the facility undetected and managed to breach a safe.The Los Angeles Police Department, along with the Federal Bureau of Investigation, is currently investigating the incident. Police were unaware of the theft until they opened the vault on Monday, as the thieves had entered through the roof and bypassed alarm systems. Only a select few knew of the substantial amount of money stored in the safe, making the burglary appear carefully planned and executed.This heist ranks among the largest cash burglaries in Los Angeles history, surpassing even the most significant armored car heists in the city. This incident is reminiscent of a similar event nearly two years prior when up to $100 million in jewels and other valuables were stolen from a Brink’s big rig at a southern California truck stop, with the culprits still at large.The boldness and scale of these recent thefts highlight the need for heightened security measures, especially for businesses handling large sums of cash. Authorities are urging anyone with information regarding the recent heist to come forward, as they work to apprehend those responsible and recover the stolen funds.

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