Current:Home > InvestWhat does it take to be an armored truck guard? -Infinite Edge Learning
What does it take to be an armored truck guard?
NovaQuant Quantitative Think Tank Center View
Date:2025-04-06 22:42:40
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! (62)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Investigators say dispatching errors led to Union Pacific train crash that killed 2 workers
- Tell Me Lies Costars Grace Van Patten and Jackson White Confirm They’re Dating IRL
- Paris Paralympic opening ceremony: 5 things you didn’t see on NBC’s broadcast
- Trump issues order to ban transgender troops from serving openly in the military
- What Happened to Julianne Hough’s Dogs? Everything to Know About Lexi and Harley
- Botched college financial aid form snarls enrollment plans for students
- New Details Emerge on Artem Chigvintsev's Domestic Violence Arrest
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Postmaster general is confident about ability to process mail-in ballots
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Why Black students are still disciplined at higher rates: Takeaways from AP’s report
- The Latest: Trump to campaign in Michigan, Wisconsin; Harris will have sit-down interview with CNN
- Why 'Reagan' star Dennis Quaid is nostalgic for 'liberal Republicans'
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Jury deliberates in first criminal trial linked to New Hampshire youth center abuse
- Mama June Shannon Shares Heartbreaking Message on Late Daughter Anna Cardwell’s Birthday
- Brandon Aiyuk agrees to new deal with the 49ers to end contract ‘hold in,’ AP source says
Recommendation
Louvre will undergo expansion and restoration project, Macron says
What to know after Texas authorities searched the homes of Latino campaign volunteers
US economic growth for last quarter is revised up to a solid 3% annual rate
Mama June Shannon Shares Heartbreaking Message on Late Daughter Anna Cardwell’s Birthday
Military service academies see drop in reported sexual assaults after alarming surge
RFK Jr.'s name to remain on presidential ballot in North Carolina
Baywatch’s Jeremy Jackson Confesses to Smelling Costars' Dirty Swimsuits
What Happened to Julianne Hough’s Dogs? Everything to Know About Lexi and Harley