A former Dunbar Armored employee is expected to plead guilty Wednesday to federal charges stemming from the theft of $300,000 in cash out of the armored truck company’s storage facility in Vernon.
Eric Miranda, 38, of East Los Angeles is named in a four-count indictment filed in Los Angeles federal court charging him with conspiracy to commit bank theft from the Dunbar cash storage facility. He also is charged with three counts of bank theft. It is not clear what charge or charges Miranda will plead guilty to if the scheduled hearing goes forward.
The November indictment alleges that Miranda stole cash from the Dunbar vault by using dummy stacks of $100 bills that he switched out for genuine stacks.
Miranda allegedly created the phony stacks of $100,000 by taking hundreds of $1 bills and sandwiching them between $100 bills in order to make them appear to be stacks of $100 bills totaling $100,000, according to the indictment.
Prosecutors allege Miranda then smuggled the dummy stacks into the Dunbar vault, where he and a co-conspirator switched them for real stacks of $100,000. The two then allegedly marked the dummy stacks to ensure they were not placed into circulation.
Finally, Miranda smuggled the real stacks of money out of the vault room by hiding them in a postal box, the indictment alleges. On more than three occasions in late 2017 and early 2018, Miranda smuggled a total of $300,000 out of the Dunbar facility, federal prosecutors allege.
Prosecutors allege in court papers that photos found on Miranda’s cell phone depict large sums of bundled cash and images of firearms.
Miranda’s alleged co-conspirator — Monique Castruita, 35, of Maywood – – pleaded guilty to federal conspiracy and bank theft charges and is expected to be sentenced July 24.