SAN DIEGO (FOX 5/KUSI) — As families across San Diego prepare to celebrate Lunar New Year next week, police are warning that criminals may also be preparing to take advantage of the increase in cash transactions tied to the holiday.
Officers say so-called “bank jugging” cases tend to rise around major holidays when more cash is moving through local businesses, particularly within Asian communities celebrating Lunar New Year.
Red lanterns are going up, restaurants are stocking up, and families are preparing for celebrations across the county. But while the holiday marks a time of prosperity and renewal, authorities say it can also draw unwanted attention.
“With Lunar New Year coming up, a lot of the Asian businesses rely heavily on cash. Criminals know that, and they are exploiting that,” said Officer Anthony Carrasco with the San Diego Police Department.
What is “bank jugging”?
Investigators say criminals often stake out banks or ATMs, watching for customers who withdraw large amounts of cash. Once that person leaves, suspects may follow them to another location, such as a shopping center, a restaurant, or even their home.
Police say it only takes seconds for thieves to strike.
“These are professional criminals, absolutely. This is all that they do. This is how they make their money, this is how they live, and they are very sophisticated,” Carrasco said.
The tactic, known as “bank jugging,” typically involves suspects targeting vehicles, smashing a window and grabbing cash or valuables left inside before speeding away.
Authorities say these crews are often organized and calculated. In some cases, they use rental cars, heavily tinted windows or fraudulent license plates to avoid detection.
Carrasco pointed to a recent case as an example.
“Just a few months ago, late November, a similar case [In Clairemont Mesa] they stole a bag and inside that bag was a firearm,” he said.
Increased risk during Lunar New Year
During Lunar New Year, many small businesses, particularly in San Diego’s Asian communities, may handle more cash than usual due to increased sales and traditional gift-giving practices.
Police say that a predictable increase can make business owners a target.
Officers are urging residents to remain vigilant, especially when withdrawing money.
They recommend:
Going straight to your destination after leaving a bank or ATM
Keeping cash and valuables out of sight
Parking in well-lit, heavily trafficked areas
“It’s really difficult to solve these crimes if we are being completely honest,” Carrasco added.
Police encourage anyone who believes they are being followed after a bank visit to call 9-1-1 immediately and drive to the nearest police station or busy public area.
As San Diego prepares to ring in the Lunar New Year, authorities say awareness and quick action can help prevent becoming the next target.
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