Two Plead Guilty in $17-Million Heist
The alleged masterminds behind one of the largest armored car robberies in U.S. history pleaded guilty to bank larceny and money laundering charges stemming from last October’s $17-million heist. Steven and Michelle Chambers, who moved into a luxury home and spent lavishly after the robbery of a Loomis, Fargo and Co. cash warehouse in Charlotte, N.C., could be sentenced to life in prison. Under a plea agreement, the couple from Gastonia, about 20 miles west of Charlotte, agreed to pay restitution in the case. According to federal prosecutors, an estimated $2.5 million is still missing.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.