Beverly Hills store allowed criminals to stash guns, drugs and cash in strip mall vault, prosecutors allege

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The exterior of U.S. Private Vaults in a Beverly Hills strip mall is seen in an undated photo. (Irfan Khan/Los Angeles Times)

The exterior of U.S. Private Vaults in a Beverly Hills strip mall is seen in an undated photo. (Irfan Khan/Los Angeles Times)

When federal agents descended on a Beverly Hills strip mall last month, it took them five days to seize the contents of hundreds of safe deposit boxes inside a store called U.S. Private Vaults.

On Friday, the government revealed why it was so interested in the seemingly mundane business wedged between a nail salon and a spa: It was laundering money for drug dealers and letting them stash guns, fentanyl and stacks of $100 bills in security boxes that were rented anonymously, prosecutors alleged.

In an indictment against U.S. Private Vaults, Inc., the U.S. attorney for Los Angeles accused the company of marketing itself deliberately to attract criminals, saying it brazenly promoted itself as a place customers could store valuables with confidence that tax authorities would be hard-pressed to learn their identities or what was stored in their locked boxes. To access the facility, customers needed no identification; it took just an eye and hand scan to unlock the door.

“We don’t even want to know your name,” it advertised, according to prosecutors.

Read the full story on LATimes.com.

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