Current:Home > InvestWhat does it take to be an armored truck guard? -FundTrack
What does it take to be an armored truck guard?
View
Date:2025-04-12 20:40:32
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! (15)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- These jobs saw the biggest pay hikes across the U.S. in 2023
- To become the 'Maestro,' Bradley Cooper learned to live the music
- 'He was just a great player. A great teammate': Former Green Bay Packers center Ken Bowman dies at 81
- A White House order claims to end 'censorship.' What does that mean?
- Rescuers race against time in search for survivors in Japan after powerful quakes leave 62 dead
- EU targets world’s biggest diamond miner as part of Russia war sanctions
- These 15 Top-Rated Lip Oils Will Keep Your Lips Hydrated Through Winter
- North Carolina justices rule for restaurants in COVID
- She had a panic attack during preterm labor. Then a nurse stepped in
Ranking
- Small twin
- Series of small explosions, no injuries reported after 1.7-magnitude quake in New York
- EU targets world’s biggest diamond miner as part of Russia war sanctions
- These 15 Top-Rated Lip Oils Will Keep Your Lips Hydrated Through Winter
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- 'The Bachelorette' star Rachel Lindsay, husband Bryan Abasolo to divorce after 4 years
- NFL referee Brad Allen, crew get another national TV game after Lions-Cowboys' controversy
- South Korean police raid house of suspect who stabbed opposition leader Lee in the neck
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Hawaii man dies after shark encounter while surfing off Maui's north shore
Wife's complaints about McDonald's coworkers prompt pastor-husband to assault man: Police
2023-24 NFL playoffs: Everything we know (and don't know) ahead of the NFL Week 18 finale
Trump invites nearly all federal workers to quit now, get paid through September
Off-duty Arkansas officer kills shoplifting suspect who attacked him with a knife, police say
Pretty Little Liars’ Lucy Hale Marks Two Years of Sobriety
What to know about changes to this year’s FAFSA application for college students