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Los Angeles:
Federal agents dug up about $600,000 buried in the backyard of a Los Angeles-area home once occupied by a former armored truck driver who has admitted to helping steal more than $1 million, federal law enforcement said on Wednesday.
The money, in denominations of $100 and $20, was excavated from beneath a patch of trees in the former home of Cesar Yanez, in Fontana, east of Los Angeles, the FBI said.
Yanez pleaded guilty to conspiracy and bank robbery in connection with the 2014 heist of an armored car, the FBI said. He was sentenced to nearly five years in federal prison.
Yanez and another armored truck driver, Aldo Esquivel Vega, of Pomona, California, were transporting a large shipment of cash for Bank of America in June, 2014, when they stopped in a Los Angeles parking lot and electronically opened the doors, according to federal officials.
More than $1 million was removed and ferried off in a trash can, authorities have said.
About $85,000 was recovered at the same Fontana home after Yanez's arrest, the FBI said. The bulk of the money has been missing for the past year.
It was unclear how authorities were tipped off to the money in the backyard of the home.
Vega is awaiting sentencing for his role in the heist. Two other people, including Yanez's wife, are awaiting trial for helping to facilitate the crime.
The money, in denominations of $100 and $20, was excavated from beneath a patch of trees in the former home of Cesar Yanez, in Fontana, east of Los Angeles, the FBI said.
Yanez pleaded guilty to conspiracy and bank robbery in connection with the 2014 heist of an armored car, the FBI said. He was sentenced to nearly five years in federal prison.
Yanez and another armored truck driver, Aldo Esquivel Vega, of Pomona, California, were transporting a large shipment of cash for Bank of America in June, 2014, when they stopped in a Los Angeles parking lot and electronically opened the doors, according to federal officials.
More than $1 million was removed and ferried off in a trash can, authorities have said.
About $85,000 was recovered at the same Fontana home after Yanez's arrest, the FBI said. The bulk of the money has been missing for the past year.
It was unclear how authorities were tipped off to the money in the backyard of the home.
Vega is awaiting sentencing for his role in the heist. Two other people, including Yanez's wife, are awaiting trial for helping to facilitate the crime.
© Thomson Reuters 2015
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