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Cash Loot

Thieves got away with $30 million in cash from a money storage facility in Los Angeles by breaking into the building on Easter Sunday and cracking the safe. Now detectives are seeking to unravel the brazen cash heist, reportedly one of the largest on record in Los Angeles. Police Cmdr Elaine Morales told The Los Angeles Times, which broke the news of the crime, that the thieves were able to breach the building, as well as the safe where the money was stored. The operators of the business did not discover the massive theft until they opened the vault. Media reports identified the facility as a location of GardaWorld, a global cash management and security company, in Sylmar. The Canada-based company, which also operates fleets of armoured cars, did not immediately respond to a request for comment from The Associated Press. LAPD Officer David Cuellar, a department spokesperson, confirmed that officers received a call for service at 4:30 am Sunday at a business on the street where ...

Updated On: 05 Apr 2024 | 8:19 AM IST

Cash seizures made by the Income-tax department during successive assembly elections have shown a substantial increase, CBDT Chairman Nitin Gupta has said. He said the tax department is investigating these cases apart from other such instances where huge unaccounted currency and jewellery was unearthed during raids and other enforcement action by tax personnel. "In relation to cash seizures if we speak about the assembly elections, then it has been found that cash seizures have been quite substantial vis-a-vis cash seizure in the similar point of time five years back for the same time period of assembly elections. "We have seen that cash seizures have been quite large and high (every assembly election). These seizures are quite significant," the chief of the Central Board of Direct Taxes (CBDT) told PTI. The Election Commission has also spoken about the surge in the seizure of cash and illegal inducements during various state polls. The poll panel, in an official statement issued

Updated On: 04 Feb 2024 | 2:50 PM IST

Taliban fighters have claimed so in a viral video

Updated On: 13 Sep 2021 | 8:24 PM IST

The cops and bank officials were killed by the terrorists after dragging them out of their vehicle

Updated On: 01 May 2017 | 6:06 PM IST