Dunbar Armored robbery
1997 robbery in Los Angeles / From Wikipedia, the free encyclopedia
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On September 12, 1997, six men robbed the Dunbar Armored facility on Mateo St. in Downtown Los Angeles, California of US$18.9 million[1] (equivalent to $35.9 million in 2023). The robbery was orchestrated by Allen Pace III, of Compton, with childhood friends Erik Damon Boyd, of Buena Park; Eugene Lamar Hill Jr., of Bellflower; Freddie Lynn McCrary Jr., of Arleta; Terry Wayne Brown Sr., of Los Angeles; and Thomas Lee Johnson, of Las Vegas, Nevada.[1] It was the largest cash robbery to have occurred in the United States until the Easter Sunday Robbery of March 31, 2024 which was estimated at over $30 million.[2]
While the group left almost no evidence, Hill was implicated two years later when he accidentally gave a real estate broker a stack of banknotes that were still secured in their original currency straps; the broker contacted the police. Hill confessed, implicating the five other robbers, and three other men who had assisted in laundering the money.[3] Pace was sentenced to 24 years in prison in 2001; Boyd was sentenced to 17 years, and the other four robbers received sentences ranging from 8 to 10 years. Two of the men who assisted in money laundering were sentenced to 2.5 years.