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Law enforcement sources told local KABC television station that the burglary happened at a
The thieves broke into the facility undetected — without setting off alarms — going through the roof and somehow getting into the money storage area, which may have been a vault, said the report, citing officials briefed on the investigation.
The company that owns the building did not discover the massive theft until Monday morning, the report added.
Law enforcement sources were quoted as saying the major local newspaper,
The burglary occurred Sunday night at the facility where cash from businesses across the region is handled and stored, said the report, adding that the break-in was described as elaborate and suggested an experienced crew of burglars who knew how to gain entry to a secure facility unnoticed.
The prior largest cash heist in Los Angeles was on September 12, 1997, with the robbery of $18.9 million from the former site of an armoured facility in the city, according to the report of the newspaper.