In one of L.A.'s largest cash heists, burglars steal $30 million on Easter. Mystery surrounds case [Los Angeles Times (CA)]
Brinks Company (The) (BCO)
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Source: Los Angeles Times
The burglary occurred Sunday night at an unnamed facility in Sylmar where cash from businesses across the region is handled and stored, according to L.A. Police Department Cmdr. Elaine Morales. The burglars were able to breach the building as well as the safe where the money was stored, Morales said. Law enforcement sources said the break-in was among the largest burglaries in city history when it comes to cash, and the total surpassed any armored-car heist in the city as well. Mystery surrounds the break-in. Sources familiar with the investigation said a burglary crew broke through the roof of the facility to gain access to the vault. But it is unclear how they avoided the alarm system. In addition, viewing the safe from the outside, it showed no signs of a break-in. The operators of the business, whom police did not identify, did not discover the massive theft until they opened the vault on Monday. Authorities were alerted, and detectives from the LAPD's Mission Division
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- Brink's (BCO) Q1 Earnings and Revenues Top Estimates [Yahoo! Finance]Yahoo! Finance
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- Brink's Announces 10% Dividend Increase [Yahoo! Finance]Yahoo! Finance
- Brink’s Announces 10% Dividend IncreaseGlobeNewswire
- Why The Brink's Company (NYSE:BCO) Looks Like A Quality Company [Yahoo! Finance]Yahoo! Finance
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- 5/6/24 - Form 4
- BCO's page on the SEC website