CNN —The FBI and Los Angeles Police Department are investigating one of the largest cash heists in the city’s history after as much as $30 million was stolen from a San Fernando Valley money storage facility, a law enforcement source briefed on the investigation told CNN Thursday. The burglary happened on the night of Easter Sunday at an unnamed facility in Sylmar, a suburban neighborhood in the San Fernando Valley, where cash from businesses across the region is handled and stored, the source said. The Los Angeles Times first reported the incident. The FBI Los Angeles office told CNN Thursday they are investigating “a large theft” in the San Fernando Valley and are working jointly with the LAPD, but would not share any other details citing an ongoing investigation. According to the Los Angeles Times, previously the largest cash heist in the city happened on September 12, 1997, when $18.9 million was stolen from the former site of the Dunbar Armored Inc. facility on Mateo Street.

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Organizations: CNN, FBI, Los Angeles Police Department, Los Angeles Times, Dunbar Armored Inc Locations: San Fernando Valley, Sylmar, Angeles