Current:Home > FinanceWhat does it take to be an armored truck guard? -Trailblazer Capital Learning
What does it take to be an armored truck guard?
View
Date:2025-04-16 11:22:28
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! (4)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Blake Lively and Ryan Reynolds Donate $1 Million to Hurricane Helene and Milton Relief Efforts
- Best-selling author Brendan DuBois indicted on child sex abuse images charges
- How to Really Pronounce Florence Pugh's Last Name
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Saoirse Ronan Details Feeling “Sad” Over Ryan Gosling Getting Fired From Lovely Bones
- Martha Stewart admits to cheating on husband in Netflix doc trailer, says he 'never knew'
- ESPN signs former NFL MVP Cam Newton, to appear as regular on 'First Take'
- A White House order claims to end 'censorship.' What does that mean?
- Days of Our Lives Star Drake Hogestyn's Cause of Death Revealed
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- 50 pounds of 'improvised' explosives found at 'bomb-making laboratory' inside Philadelphia home, DA says
- Minnesota coach Cheryl Reeve needed Lynx to 'be gritty at the end.' They delivered.
- Taylor Swift donates $5 million toward hurricane relief efforts
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Milton caused heavy damage. But some of Florida's famous beaches may have gotten a pass.
- What if you could choose how to use your 401(k) match? One company's trying that.
- Three-time NBA champion Danny Green retires after 15 seasons
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Go to McDonald's and you can get a free Krispy Kreme doughnut. Here's how.
Security guard gets no additional jail time in man’s Detroit-area mall death
Pregnant Brittany Mahomes Shares Glimpse at Zoo Family Day With Patrick Mahomes and Their Kids
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
One Tech Tip: Here’s what you need to do before and after your phone is stolen or lost
Back-to-back hurricanes reshape 2024 campaign’s final stretch
Inflation is trending down. Try telling that to the housing market.