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Global Trust Depository (GTD) is dedicated to protecting client’s assets in one of our many state of the art maximum security locations. We guarantee a highly secured environment for your most treasured and valuable possessions in our class 3 vaults.
Private vaults allow you to store assets ranging from gold and silver bullion to, in many cases, fine art, wines, or important documents. We provide the highest levels of privacy, and offer clients various safety deposit box sizes to suit all of their storage requirements.
GTD offers a purpose built vault, protected by cutting edge security and sophisticated technology, which surpasses the standards even set by banks. Our facility benefits from the latest technology in construction and is a graded VDS tested vault.
When you’re storing valuables, whether it be gold or silver bullion or antique jewelry, it’s important to choose private vault storage that offers quality asset protection. Not all private vault storage services are created equal. You want to be sure to choose a private vault storage facility that not only offers asset protection against theft but also protection against the elements.
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Global Trust Depository understands how important it is for you to keep your assets safe and protected. Whether you’re looking to secure important documents, artwork, antiques, jewelry, or gold or silver bullion, GTD has the private vault storage to give you peace of mind. At Global Trust Depository, our private vault storage facility offers asset protection in the form of our class 3 vaults. Each of our class 3 vaults are capable of providing 120 minutes of tool and torch resistance on every side.
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If you’re looking for private vault storage for the ultimate asset protection, look no further than Global Trust Depository. Our cutting edge security will ensure the safety and security of your valuables and assets. To learn more about our private vault storage, contact Global Trust Depository today.

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Security Deposit Box Owners Demand FBI Return Property Seized Without a Warrant
Paul and Jennifer Snitko are model citizens. Paul is a retired aerospace engineer who has held multiple security clearances and Jennifer is an entertainment lawyer. Neither has ever been in trouble with the law. Yet federal investigators broke open their private security deposit box, searched through all the contents, and seized their property.
Paul and Jennifer, who live in Los Angeles, needed a private space to safely store their prized possessions. They found that US Private Vaults, in Beverly Hills, was convenient, secure and had better hours. So, they stored precious items like Paul’s flight log and watches he and his father earned from years of service at their jobs in their rented box.
But the government broke open the Snitkos’ private space on March 22, 2021, when FBI agents raided US Private Vaults. The raid was the result of an indictment accusing US Private Vaults, the business, of money laundering and other crimes. But in executing the warrant, the government didn’t just seize the company’s business property. Upon the pretense of wanting to take a relatively worthless metal rack of boxes, federal agents broke into every security deposit box and emptied them of their contents. The FBI made a video record of the contents of each box, including opening up sealed envelopes and holding the letters they contained up to the camera. And the FBI initiated civil forfeiture proceedings against millions of dollars of property, without telling box holders what they were accused of doing wrong.
Everyone has the right to contract for a private, secure place to store their property. But no place can be secure if the government gets away with what it did here. That’s why Paul and Jennifer—along with five other plaintiffs—have teamed up with the Institute for Justice to challenge the government’s search and seizure. After granting preliminary relief holding that the government violated the Fourth Amendment and the Due Process Clause by trying to forfeit seized property without giving a reason why, the court in October 2021 certified the case as a class action. Now, Paul and Jennifer are fighting for a judgment that the government never should have opened any of these security deposit boxes in the first place. Holding the government to account is critical to prevent the government from doing this to other security deposit box owners, storage unit renters or anyone else who rents a private space.
Every American is now at risk of government searches, seizures, and surveillance. IJ defends vital rights to privacy and security.
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Searching for a Secure Place to Store Precious Possessions
Paul and Jennifer Snitko needed a place to store their family heirlooms, but their bank had a long waiting list to rent a security deposit box. Security was at the forefront of Paul and Jennifer’s minds: After all, they wanted to protect not just watches that Paul and his father had been rewarded with for years of service at their jobs, but backups to their home hard drives, Paul’s father’s will, and Paul’s flight log, which he needed to have with him whenever he flew. Keeping these items safe, private, accessible and protected from wildfires was paramount.
When Paul and Jennifer began looking for private security box companies, they did a Google search that brought up US Private Vaults, which operated out of a strip mall in Beverly Hills and offered hundreds of security boxes of various dimensions. The company was by no means a fly-by-night operation, having first opened its doors in 2011. It also had a significant web presence: maintaining its own website and advertising its services on Facebook, Twitter and Yelp. And it was a member of the Beverly Hills Chamber of Commerce. By all accounts, US Private Vaults looked like a safe place for Paul and Jennifer to store their private possessions.
Paul and Jennifer’s experience is far from unique. In recent years, banks have stepped away from the security deposit box business, increasingly viewing them as, according to a story in the New York Times , “more of a headache than they’re worth. They’re expensive to build, complicated to maintain and not very lucrative.” The dearth of boxes available at banks means that people are looking to private companies, which have begun offering their own security boxes to fill the void.
Private security box facilities like US Private Vaults also offer other advantages compared to bank vaults. First, box renters at US Private Vaults did not need to provide their identity or require the help of employees to access their security box. That is because renters could use their own biometric data (such as an iris scan or a handprint) to access the outer vaults. Second, renters at US Private Vaults got to keep all the keys to their security boxes. This meant that, unlike a bank security deposit box, renters at US Private Vaults could rest easy that no one at the business could access their box without their knowledge. And US Private Vaults offered customers a wide variety of box sizes, insurance in case of loss or theft, and better hours than banks.
These features convinced Paul and Jennifer, along with hundreds of other people in the Los Angeles area, to rent from US Private Vaults. Many people like Paul and Jennifer found out about the business by searching for “security deposit boxes” on the internet or from noticing the facility while driving by. This includes Joseph Ruiz, another US Private Vaults customer who rented a safety deposit box in February 2021 as a safe place to keep his savings.
The Federal Government Raids US Private Vaults
But the federal government had its sights on US Private Vaults. On March 9, 2021, the United States Attorney in Los Angeles indicted the company for money laundering and fraud. The government did not indict any of US Private Vaults’ officers or employees. Curiously, the main sanction that the government sought in the indictment was to forfeit the relatively inexpensive rack of boxes, drawers and doors that held the private property of US Private Vaults’ customers.
Importantly, the indictment did not allege that US Private Vaults’ customers violated any law by holding their property in a secure and private place. Nor could it, as there is no law against that kind of privacy. But the indictment nonetheless attempted to tar customers as criminals, baselessly asserting that anyone who would desire the kind of financial privacy that US Private Vaults could provide could not possibly be “law-abiding citizens.”
Once the government indicted US Private Vaults, it obtained a warrant to seize items connected to the business, including the “nests of safety deposit boxes and keys” that it was seeking to forfeit in the indictment. But, in doing so, the government didn’t even try to argue it should be able to seize the contents of the boxes. It promised the court that when it seized the nest, it would only “inspect the property as necessary to identify the owner” and that its inventory search would “extend no further than necessary to determine ownership.”
In other words, the only thing the government was supposed to do was seize the nest of boxes. While the government would temporarily hold the contents of those boxes, it was supposed to return those contents to their owners. The warrant specifically stated that it “ does not authorize a criminal search or seizure of the contents of the safety deposit boxes.”
The FBI Goes Beyond the Warrant to Crack Open Individual Boxes
But the government immediately broke its word. On March 22, the government executed its seizure warrant. The easiest way to have secured everyone’s property would have been to keep the nest intact at US Private Vaults and notify renters to come down and get their stuff. But instead, the government broke into every security deposit box, destroying the very nest of boxes it claimed that it had wanted.
Even then, the government should have never looked inside peoples’ boxes. Many property owners, including Paul and Jennifer, had followed US Private Vaults’ advice and put their contact information on top of their security box’s interior plastic sleeve. But even though the FBI’s search authority was limited to determining a box’s owner, which that information clearly provided, the FBI opened and searched those boxes anyway.
The FBI’s behavior defied both the warrant and renters’ Fourth Amendment rights. The government ran any currency they found in the boxes in front of drug-sniffing dogs, an action that makes no sense outside a criminal investigation. Agents videotaped the search as they conducted it, holding documents from peoples’ security boxes up to the camera to capture their contents. And while the FBI was supposed to inventory the boxes to protect against claims of loss and theft, its efforts were woefully inadequate. For boxes with significant amounts of gold and silver coins, for instance, the FBI simply wrote “misc. coins.” This shoddy work has already resulted in at least one claim that the FBI lost over $75,000 in gold coins that were in one renter’s box.
Worse still, the government has forced renters into an endless waiting game in which the government treats them all with unfounded suspicion. First, the government directed box renters to submit their information through an FBI website. Renters were told that they were not the targets of the search and would have their property back within a few weeks. But at the same time the FBI was saying one thing to renters, the government was telling the federal court that it presumed that, “the majority of the box holders” were “criminals who used [US Private Vaults’] anonymity to hide their ill-gotten wealth.” Despite lacking any evidence that a box owner did anything wrong, the government has told courts that it plans to hold onto renters’ property in order to force them to submit to an investigation so it can “distinguish between honest and criminal customers.”
The government’s duplicity has kept hundreds of property owners in limbo for over two months. Having submitted their claim forms to the FBI, many have heard nothing in response. When Paul and Jennifer Snitko recently asked an agent what the process was to get their property returned, the agent didn’t know. And when they asked when they would get their property back, the agent couldn’t give any sort of timeframe.
The government’s games have hurt box renters, especially Joseph Ruiz. An accident severely injured Joseph’s back, and he relied on the money that he kept in his security box to get medical care and buy food. But the government took and held Joseph’s money for over two months, and now has baselessly alleged that it should be forfeited to the government
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