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Hamburg Police Search Homes in €1.4 Million Bank Insider Fraud Probe

Investigators say staff at a Wandsbek branch exploited internal data to siphon funds to shell-company accounts abroad.

Overview

  • Four employees — three men and one woman aged 25 to 41 — are suspected of debiting roughly €1.4 million from customer accounts over a three-month span in 2025.
  • Investigators say the group searched internal records to single out mostly older clients and used their personal data to initiate transfers.
  • The money was routed to accounts at shell companies, with two suspects allegedly opening the recipient accounts abroad.
  • Police executed search warrants on Tuesday at residences in Eimsbüttel, Lokstedt, Horn, Billstedt and Niendorf, seizing numerous data carriers and other evidence.
  • The probe, triggered by a tip from a credit institution, is led by the LKA fraud division, and all four suspects remain at liberty pending further steps.