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$30M LA bank heist

3,346 Views | 13 Replies | Last: 7 mo ago by Pinochet
EliteZags
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https://www.unilad.com/news/us-news/california-30-million-bank-robbery-easter-sunday-776619-20240404

straight out of a movie

tangent to the lotto thread for fun, how would you go about the weeks/months/years following such a cash acquisition, assuming you wanted to remain in the country? (aside from reporting fair market value on 2024 Schedule 1 Form 1040)
OldArmyCT
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Had to be an inside job.
cgh1999
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Totally unrelated question-

But, let's say someone had $30 million in cash that they wanted to invest. How would one do that?
Apache
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Quote:

The heist comes nearly two years after as much as $100 million in jewels and valuables were stolen from a Grapevine truck stop in July 2022 as they were being transported from the International Gem and Jewelry Show in San Mateo.
This jewel heist crime remains unsolved as well. Probably the same crew.

EliteZags
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OldArmyCT said:

Had to be an inside job.

could the bank be too shocked about that, when you're paying below middle class wage to personnel that's in charge of the security of amounts of money they'd never approach in their lifetime
Brian Earl Spilner
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cgh1999 said:

Totally unrelated question-

But, let's say someone had $30 million in cash that they wanted to invest. How would one do that?


Btc
Proposition Joe
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Quote:

Detectives from the LAPD's Mission Division station arrived at the scene to gather evidence, and it was determined that the thieves must have been an experienced crew who knew how to gain entry to a secure facility unnoticed.

The AIR7 HD helicopter flew over the facility following the news of the break-in and spotted what appeared to be a hole on the side of the money storage facility which had been boarded up.
There was a pile of debris next to the hole, but it's unclear whether the scene is related to the heist.


"We're not sure how they gained entry"

PA24
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cgh1999 said:

Totally unrelated question-

But, let's say someone had $30 million in cash that they wanted to invest. How would one do that?
Take $150K chunks of it and act like a first time investor on college finance forums across the net.


Red Pear Luke (BCS)
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PA24 said:

cgh1999 said:

Totally unrelated question-

But, let's say someone had $30 million in cash that they wanted to invest. How would one do that?
Take $150K chunks of it and act like a first time investor on college finance forums across the net.





"How do you do my fellow PAC12 minus 10 Oregon State Beaver Boys?"
FrioAg 00
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Start several cash heavy businesses (legit ones) like fuel stations, food trucks, car washes, etc. You might even make a little profit on the businesses stand-alone.

Slowly funnel the $30M through your receipts - including paying taxes on it as an increased business profit.

You've taken your time and effectively laundered the money. Invest it however you like.

Mas89
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cgh1999 said:

Totally unrelated question-

But, let's say someone had $30 million in cash that they wanted to invest. How would one do that?
Build houses, paying the contractors in cash and paying for the materials in cash. Sell the houses and get clean, laundered money. Pay a little tax each year.
Ag92NGranbury
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just watch Ozark... lots of different ideas

or just go buy Joe T Garcia's in Ft Worth... might take a year or 2 to launder, but it'd get done
cgh1999
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Ag92NGranbury said:

just watch Ozark... lots of different ideas

or just go buy Joe T Garcia's in Ft Worth... might take a year or 2 to launder, but it'd get done

I've watched ozark, breaking bad, and narcos multiple times. I've got a plan.
Pinochet
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So you're saying you're about to be the local cheap motel/casino/car wash magnate? Careful with the poppy growing. Those cartels aren't very nice.
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