Thieves executed a daring €30m heist on a German Sparkasse bank, drilling into 3,000 safe deposit boxes during Christmas. Details on the investigation.
bank heist, Sparkasse, Gelsenkirchen, safe deposit box robbery, Germany crime news, valuables theft, cash stolen, bank security breach
In one of the most audacious bank robberies in recent German history, a group of professional thieves targeted a high street bank branch in Gelsenkirchen, western Germany, and successfully broke into more than 3,000 safe deposit boxes. The loot? An estimated €30 million (equivalent to £26m; $35m) in cash, gold, and jewellery.
The Sparkasse bank heist was orchestrated with a level of expertise that led police to compare it to the infamous film Ocean’s Eleven. A police spokesman reported to AFP that the crime was “very professionally executed”.
The thieves utilized a large drill to bore a hole into the underground vault room, exploiting the “quiet Christmas days” to perpetrate their crime undetected. Entry and exit were ingeniously achieved via an adjacent parking garage, as initial investigations suggest.
The heist left a significant mark on Sparkasse’s customers. 95% of all safe deposit boxes at the branch were forcibly opened, making it highly likely that most customers lost their stored valuables. The branch has been closed since the incident, and Sparkasse set up a hotline for affected individuals.
Police have secured the building’s entrance after a large crowd of distressed customers gathered, demanding answers. At present, no arrests have been made and the perpetrators remain at large.
Sparkasse reassured its clientele that the contents of each safe deposit box are insured up to €10,300. Customers are also advised to review their home insurance for additional coverage.
This safe deposit box robbery has raised serious questions regarding bank security in Germany and across Europe. The clever use of a parking garage as an access route, the drilling during the holiday period, and the silent triggering of a fire alarm all underscore evolving criminal tactics. For a wider perspective on recent major heists and best practices in securing valuables, see this authoritative analysis by Europol on organized property crime.
Customers are encouraged to discuss their concerns directly with their bank and understand the limits of their deposit box insurance. For similar updates on notable banking incidents in Europe, visit our Bank Security Incidents resource page.
The daring Sparkasse bank heist will likely become a case study in criminal sophistication and bank security for years to come. As the investigation continues, authorities urge anyone who may have witnessed suspicious activity near Nienhofstrasse in Gelsenkirchen to come forward.
For the original report, read the BBC coverage of the Sparkasse bank robbery.
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