$30 million stolen from Los Angeles money storage facility

Over $30 million was taken from a money storage facility in the San Fernando Valley, and the FBI and LAPD are looking into one of the biggest cash thefts in the city's history. The unidentified facility, which handles and stores cash from businesses around the San Fernando Valley, was the target of a break-in on Easter Sunday night, according to the source. 

The FBI's Los Angeles office informed CNN on Thursday that they are collaborating with the Los Angeles Police Department to investigate “a large theft” in the San Fernando Valley. However, they would not release any other information, citing an ongoing investigation. The FBI was contacted by the LAPD for all comments.

The insider claimed that because the burglars were able to enter the building and the vault without setting off the alarms, detectives think the group is very skilled at avoiding detection. The source claimed the crime was uncovered on Monday and that one area of focus for the investigation is if the group had inside knowledge of the facility. 

The Los Angeles Times reports that the biggest cash theft in the city's history occurred on September 12, 1997, when $18.9 million was taken from the Mateo Street location that once housed the Dunbar Armoured Inc. plant. Eventually, the suspects were apprehended.

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