Former Dunbar Armored Employee Accused of Stealing $300,000 from Cash Storage Facility
LOS ANGELES, California – A former employee of Dunbar Armored has been accused of stealing $300,000 from the company’s cash storage facility in Vernon, California.
Eric Miranda, 37, of East Los Angeles, was arraigned on November 2 and remains in federal custody at this time. Miranda was arrested on October 21 as he entered the United States from Mexico and subsequently made his first court appearance in federal court in San Diego.
Miranda is named in a four-count indictment charging him with conspiracy to commit bank theft from the Dunbar cash storage facility and three counts of bank theft. The indictment alleges that Miranda stole cash from the Dunbar vault by using ‘dummy’ stacks of $100 bills that he switched out for real stacks of $100,000.
According to the indictment, Miranda created ‘dummy’ stacks of $100,000 by taking hundreds of $1 bills and sandwiching them between $100 bills to make them appear to be stacks of $100 bills totaling $100,000. Miranda allegedly then smuggled the ‘dummy’ stacks into the Dunbar vault, where he and his co-conspirator switched them for real stacks of $100,000.
On more than three occasions in late 2017 and early 2018, Miranda smuggled a total of approximately $300,000 out of the Dunbar facility. Miranda’s alleged co-conspirator, Monique Castruita, 35, of Maywood, has also been charged in relation to this case and is scheduled to be arraigned later this month.
If convicted of the charges in the indictment, Miranda would face a statutory maximum sentence of 35 years in federal prison.
Special agents with the Federal Bureau of Investigation investigated the case, receiving substantial assistance from the City of Vernon Police Department. The case is being prosecuted by Assistant United States Attorneys Jeffrey M. Chemerinsky and Joseph D. Axelrad of the Violent and Organized Crime Section.
An indictment contains allegations that a defendant has committed a crime. Every defendant is presumed to be innocent until and unless proven guilty in court.
Key Facts
- State: California
- Category: Fraud & Financial Crimes|Violent Crime
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
MORE FEDERAL CRIME NEWS
US NewsUS NewsUS NewsUS News