Record heist in Los Angeles. 30 million dollars in cash

WhatInThe

SF VIP
1712244946727.jpegTHE GETAWAY SUV.
I have thought of a new career, taking really cool pictures of stuff. 1.5 million $20's stuffed in an Suv. The Donalds Bond!
It was a place business sent their money. (Who is losing money is the culprit.) I'll bet that Reserve Bank gets closed up.
 
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Somebody here, Banks, or maybe the Government are
trying to stop us from using money, since the lockdown,
during the Covid scare, we, at least I, stopped using cash,
very few places want cash today, the little Portuguese Café,
that I visit on a Friday, is the only place that I use cash, they
don't take cards.

So the $30 Million will be quite hard to hide, or even to spend.

Mike.
 
Los Angeles Reserve bank robery lately - Bing

It seems to be a way of doing business in S.C. ..... (y) The other day at a Moto Mart the Guy gassed up, went in, got a big gulp and a Sammich,
went to the Clerk and asked, "can you break a $100." ... "Let me see, oh I'll have to give you lots of $5's" answers the Clerk.
It costs more to print / stamp the money than it's worth.
 
View attachment 338890THE GETAWAY SUV.
I have thought of a new career, taking really cool pictures of stuff. 1.5 million $20's stuffed in an Suv. The Donalds Bond!
It was a place business sent their money. (Who is losing money is the culprit.) I'll bet that Reserve Bank gets closed up.
That's something I missed. $30 million must be a big hunk of bills.???? An SUV stuffed with cash doesn't seem all that farfetched now.
 
I heard a retired LAPD detective say this must have been an inside job and I agree with him.

But California is home to a LOT of organized crime. The Unemployment Department has lost anywhere from $20 billion to $32 billion from the EDD because of organized crime.

Timeline: From backlogged claims to billions lost, a look at the EDD
https://www.ijpr.org/politics-gover...e-story-behind-californias-unemployment-crash
https://www.npr.org/2022/10/18/1128561539/pandemic-fraud-billions-california
https://calmatters.org/newsletter/edd-fraud-california/
 
Somebody here, Banks, or maybe the Government are
trying to stop us from using money, since the lockdown,
during the Covid scare, we, at least I, stopped using cash,
very few places want cash today, the little Portuguese Café,
that I visit on a Friday, is the only place that I use cash, they
don't take cards.

So the $30 Million will be quite hard to hide, or even to spend.

Mike.
Cashless is very much encouraged here in the south too. I drive past a local takeaway (card only,) and go ten miles down the road to one that accepts cash. In the Waitrose store today the cashier asked if I had a Waitrose card, it's their loyalty card. I told her that I prefer to remain anonymous. She said that I was cynical, to which I replied that acquiring customer data on a profile, which can then be bought and sold, is far more cynical. She looked away, wouldn't make eye contact. Says it all!
 
Cashless won't fix anything at all. How many bilions were stolen from businesses and individualas last year via cyber theft? I'll see if I can find out.

AARP Report Finds $28.3 Billion a Year is Stolen from U.S. Adults Over 60. $28 billion.
Americans lost a record $12.5 billion to online fraud last year. $12.5 billion to, I guess, non-Senior Americans.

From the article:
“Notably, different age groups tended to be impacted by different crimes,” the FBI said in the report. “Victims 30 to 49 years old were the most likely group to report losses from investment fraud.”

The second most damaging type of crime highlighted by IC3 were business email compromise (BEC) scams, which accounted for $2.9 billion in losses. These often involve compromised vendor accounts, requests for W-2 information and real estate scams.

As the FBI warned last year, scammers “are increasingly using custodial accounts held at financial institutions for cryptocurrency exchanges or third-party payment processors, or having targeted individuals send funds directly to these platforms where funds are quickly dispersed.”

“With these increased tactics of funds going directly to cryptocurrency platforms and third-party payment processors… it emphasizes the importance of leveraging two-factor or multi-factor authentication as an additional security layer,” they said.

Ransomware was also on the rise after dipping in 2022, and adjusted losses rose 74% to nearly $60 million.
*****************

Ands you know, it's not like this money is going to improve nations, fight poverty, or better humanity. It's going to CRIMINALS. What will they do with it? Buy guns and slaves, in many cases.
 
I think it's used by armored car companies that pick up or deliver cash to businesses.
I saw on the news that the company also stores jewels and money for private clients. From what an employee who didn't want to be identified on camera said, with the type of security the place has, he's shocked that they could pull off this heist. As of when I saw the report, they had no suspects. But like @TheOtherRick I think this had to have been an inside job. I wonder if there's any way to track those bills? :unsure:
 
Some serious security faults in this theft. Coming in through the roof, on a week end , is a tried and true method that has been used many times in the past decades. Once inside, the movement alarms SHOULD have been triggered by the crooks . If the outgoing security warning signals relied on a land line telephone system, which could be cut by the crooks on the outside of the target building, that is a huge security error.

The report does not mention how they GOT OUT OF THE BUILDING. Too many times the security defenses rely on "keeping the bad guys OUT " not on preventing them from getting OUT of the building. Security systems should prevent movement in EITHER direction, both in and out of the structure.

The weight and cubic dimensions of so much currency, would require a number of vehicles to be able to transport it away from the site. So what did the site CCTV cameras record ? Too many unanswered questions, at this time. Internal information provided by an employee ? Of course, that is a given fact. Why was there no "live on site security guard " ? A $20 an hour human being is a very cheap way to protect millions of dollars worth of cash and other valuables, I suggest.

A second type of protection would be caged K9's who are released into the inside of the building if the alarms go off. The dogs live there and consider the building to be their home. During business hours the dogs are in their kennels. Once the business closes for the night, the cages are linked to the internal alarm system. Anyone who isn't their handler is going to be attacked by the dogs. They work for food, and they are not subject to offers of bribes. JimB.
 
Some serious security faults in this theft. Coming in through the roof, on a week end , is a tried and true method that has been used many times in the past decades. Once inside, the movement alarms SHOULD have been triggered by the crooks . If the outgoing security warning signals relied on a land line telephone system, which could be cut by the crooks on the outside of the target building, that is a huge security error.

The report does not mention how they GOT OUT OF THE BUILDING. Too many times the security defenses rely on "keeping the bad guys OUT " not on preventing them from getting OUT of the building. Security systems should prevent movement in EITHER direction, both in and out of the structure.
....
Yeh a hardwired security system not using wifi is much more secure. It's can't be jammed and a connection must be physically disconnected. Some reports of no internet or wifi being out all weekend have emerged. Unclear if they did use a jammer or simply pulled a plug. Since looks like an inside job my guess it might have been as simple as pulling a server or wifi modem plug.

As far as the escape they apparently cut or punched a hole in a ground floor wall. How did they know where a weak point or low visibility wall was. Back to inside job again.
 


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