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Holiday Heist Drills Into German Bank Vault, Looting €30 Million

Police pursue CCTV, vehicle leads following the vault breach.

Overview

  • Thieves bored through a wall from an adjacent underground parking garage into a Sparkasse branch in Gelsenkirchen and forced open more than 3,000 safe‑deposit boxes.
  • The break‑in was discovered early Monday when a fire alarm drew first responders to a large hole leading into the underground vault.
  • Investigators are analyzing footage showing a black Audi RS6 leaving the garage with masked occupants and say the car bore a licence plate stolen in Hanover.
  • About 2,700 customers were affected as the branch remained closed for security; the bank set up a hotline and is coordinating claims with insurers based on standard box coverage of roughly €10,000.
  • Authorities estimate losses at around €30 million using insured values, though police say total damage could be far higher, with current assessments ranging between €10 million and €90 million and no arrests reported.