Current:Home > MarketsWhat does it take to be an armored truck guard? -Ascend Finance Compass
What does it take to be an armored truck guard?
View
Date:2025-04-13 14:22:55
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! (83798)
Related
- South Korean president's party divided over defiant martial law speech
- Michigan Gov. Gretchen Whitmer announces book detailing her rapid rise in Democratic politics
- Should Big Oil Be Tried for Homicide?
- 6 inmates who sued New York over its prison lockdown order will get to view solar eclipse after all
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Video shows Tyson's trainer wincing, spitting fluid after absorbing punches from Iron Mike
- 1 killed, 2 others hospitalized after crane section falls from a South Florida high-rise
- Effortlessly Cool Jumpsuits, Rompers, Overalls & More for Coachella, Stagecoach & Festival Season
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Seton Hall defeats Indiana State in thrilling final to win NIT
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Glasses found during search for missing teen Sebastian Rogers, police unsure of connection
- Lily Allen says Beyoncé covering Dolly Parton's 'Jolene' is 'very weird': 'You do you'
- Bachelor Nation's Daisy Kent Reveals Why She Turned Down the Opportunity to Be the Bachelorette
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Federal report finds 68,000 guns were illegally trafficked through unlicensed dealers over 5 years
- I Had My Sephora Cart Filled for 3 Weeks Waiting for This Sale: Here’s What I Bought
- Trump says Israel has to get Gaza war over ‘fast,’ warns it is ‘losing the PR war’
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
NFL power rankings: Bills, Cowboys among teams taking big hits this offseason
Conan O'Brien to return to 'Tonight Show' with Jimmy Fallon for first time after firing
Emma Roberts Reveals Why She Had Kim Kardashian's Lip Gloss All Over Her Face
B.A. Parker is learning the banjo
New survey of U.S. teachers carries a message: It is getting harder and harder
New Houston Texans WR Stefon Diggs' contract reduced to one season, per reports
Michigan Gov. Gretchen Whitmer announces book detailing her rapid rise in Democratic politics