US EditionPublished • loading... • Updated
Thieves drill into German bank vault to steal valuables worth tens of millions of euros
- On Monday, thieves drilled into the underground vault at a Sparkasse savings bank branch in the Buer district of Gelsenkirchen and stole valuables from safety deposit boxes after a fire alarm summoned emergency services shortly before 4am.
- Using an adjacent parking garage, investigators say the thieves drilled into the vault and likely spent the quiet Christmas days inside breaking open deposit boxes.
- Initial insurer estimates and police ranges place total losses between €90 million and €10-€90 million, with about 3,200 safe-deposit boxes ransacked affecting more than 2,500 customers.
- Angry customers gathered outside the closed Sparkasse bank branch on Tuesday, prompting police to secure the site as no arrests have been made and the perpetrators remain at large.
- Described by dpa as possibly one of Germany's largest heists, the robbery drew national attention and followed the October Louvre heist valued at about $102 million; a police spokesman called it `very professionally executed`.
Insights by Ground AI
121 Articles
121 Articles
burglars robbed a bank last weekend in Gelsenkirchen, West Germany, causing an injury of 30 million euros (48 million Canadian dollars) according to the police, and the anger of customers Tuesday morning.
·Montreal, Canada
Read Full Article
Robbers steal £26million worth of cash, gold and jewellery from German bank by drilling a hole into vault
Criminals are believed to have stolen around £26million worth of cash, gold and jewellery after tunnelling into the underground vault of a German savings bank during the Christmas holiday period.The theft targeted a Sparkasse bank branch in Gelsenkirchen in western Germany, where suspects drilled through a wall from an adjoining underground car park to gain access to the vault.Investigators said the gang used heavy drilling equipment to breach t…
·London, United Kingdom
Read Full ArticleCoverage Details
Total News Sources121
Leaning Left26Leaning Right18Center30Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 35%
C 41%
R 24%
Factuality
To view factuality data please Upgrade to Premium
