Current:Home > InvestSafeX Pro:What does it take to be an armored truck guard? -MoneyStream
SafeX Pro:What does it take to be an armored truck guard?
Algosensey Quantitative Think Tank Center View
Date:2025-04-11 08:37:31
As dramatic video showed last week, armored truck guards like the pair who were robbed at gunpoint in Los Angeles have a potentially high-risk job. But how much does it pay?
On Saturday, a group of suspects made off with nearly $30,000 contained in two money bags just after the Brinks truck had made a cash pickup, according to the Los Angeles Police Department. Armored vehicles of this sort are highly secure and hard to break into, according to experts. Their exteriors are typically bulletproof and they lock automatically.
"Their purpose is to be high-profile to signal that they're protected," Fred Khoroushi, president of Virginia-based armored vehicle manufacturer Alpine Armoring, told CBS MoneyWatch.
As a result, most armored vehicle thefts are so-called inside jobs, according to industry experts.
"In the U.S., nearly all thefts are an inside job. Normally they know about it, the routes, the drop-offs, the vehicle itself, what the weaknesses are. It's rare that you actually get attacked by a completely outside, unrelated outfit," Khoroushi added.
"They don't get paid a lot"
Financial institutions, jewelry stores and other companies use armored trucks to transport cash and other valuables from from one point to another.
But the vehicles are only as secure as the guards in charge of them, and can be vulnerable if they're coerced into giving a criminal access. In the U.S., "basically anybody" can be a guard, according to Eugene Gerstein, managing partner at Inkas, a defense firm with an armored vehicle arm.
"They are just people carrying heavy bags and boxes with money and their job is protecting. They don't get paid a lot," he said.
Job listings for armored vehicle guards on Indeed.com generally offer $18 to $20 an hour, or up to $47,700 a year for salaried roles. Duties include transporting cash and other valuables, as well as servicing ATMs. Generally speaking, job requirements include holding a valid firearm permit, armed guard license and driver's license. Typically, no college degree is required.
A posting for armored car guards and drivers at Ferrari Express in Lawrence, New York, requires that applicants be familiar with "safety protocols and security procedures, such as understanding the exact processes behind unloading vehicles and training against robbery."
Responsibilities include driving armored vehicles and keeping them secure, delivering client assets, and unloading parcels. The requirements: a valid driver's license, armored car guard or security guard license, and firearms permit. Additionally, candidates must people able to lift and pull heavy cargo. The job pays between $19 and $20 an hour, according to the posting.
"It's pretty fun job that exposes you to quite a bit of risk and occupational hazards," Gerstein said. "It's a lot of heavy lifting and then you drive for hours, and you can get robbed."
veryGood! (7566)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Why does my cat keep throwing up? Advice from an expert.
- When might LeBron and Bronny play their first Lakers game together?
- Fake Heiress Anna Delvey Shares Devious Message as She Plots Social Media Return
- Buckingham Palace staff under investigation for 'bar brawl'
- Number of potentially lethal meth candies unknowingly shared by New Zealand food bank reaches 65
- Colorado man charged with strangling teen who was goofing around at In-N-Out Burger
- Federal subpoenas issued in probe of New York Mayor Eric Adams’ 2021 campaign
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Police arrest 4 suspects in killing of former ‘General Hospital’ actor Johnny Wactor
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- West Virginia’s personal income tax to drop by 4% next year, Gov. Justice says
- Australian Breakdancer Raygun Addresses “Devastating” Criticism After 2024 Olympics
- Taylor Swift’s Eras tour returns in London, with assist from Ed Sheeran, after foiled terror plot
- See you latte: Starbucks plans to cut 30% of its menu
- JoJo Siwa Shares She's Dating New Girlfriend Dakayla Wilson
- Prominent 2020 election denier seeks GOP nod for Michigan Supreme Court race
- 14-year-old Alabama high school football player collapses, dies at practice
Recommendation
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
Newlyweds and bride’s mother killed in crash after semitruck overturns in Colorado
Nevada gaming regulators accuse Resorts World casino of accommodating illegal gambling
Federal court strikes down Missouri investment rule targeted at `woke politics’
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Fubo convinces judge to block Disney sports streaming service ahead of NFL kickoff
RHOC's Alexis Bellino Threatens to Expose Videos of Shannon Beador From Night of DUI
US consumer sentiment rises slightly on Democratic optimism over Harris’ presidential prospects