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Gulf Press > World > Thieves drill into German bank vault and steal millions of euros
World

Thieves drill into German bank vault and steal millions of euros

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Last updated: 2025/12/31 at 2:49 AM
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A massive bank heist in Gelsenkirchen, Germany, has left approximately 2,700 customers vulnerable after thieves drilled into a bank vault and stole contents from safety deposit boxes. Police estimate the stolen property to be worth between €10 million and €90 million, potentially making it one of the largest thefts in German history. The incident occurred during the holiday period, minimizing immediate detection.

Contents
Impact on Bank CustomersSecurity Concerns and Investigation

The Sparkasse bank branch was alerted by a fire alarm early Monday morning, around 4:00 AM local time. Upon arrival, authorities discovered a hole drilled through the basement wall leading directly into the vault, which had been thoroughly ransacked. Gelsenkirchen is located approximately 192 kilometers northwest of Frankfurt, Germany’s financial hub.

Details of the Gelsenkirchen Bank Heist

Investigators believe the perpetrators utilized a large drill to breach the vault’s security. The meticulous nature of the operation suggests a significant degree of planning and potentially inside knowledge. Police spokesperson Thomas Nowaczyk confirmed the scale of the potential loss, stating the estimated value of the stolen items ranges widely due to the nature of safety deposit box contents.

Witnesses reported seeing several individuals carrying large bags in a parking garage near the bank over the weekend. Surveillance footage from the garage further supports this claim, showing masked figures inside a stolen vehicle in the early hours of Monday. This evidence is currently being analyzed to identify the suspects and track their movements.

Impact on Bank Customers

The immediate impact of the theft is on the 2,700 customers who rented safety deposit boxes at the Gelsenkirchen branch. These boxes typically contain valuables such as jewelry, cash, important documents, and family heirlooms. The bank has not yet released a comprehensive list of stolen items, and customers are being asked to document the contents of their boxes for insurance purposes.

The bank remained closed on Tuesday as authorities continued their investigation and the bank worked to assess the full extent of the losses. Approximately 200 customers gathered outside the branch, seeking information about their belongings, according to reports from the German news agency dpa.

Security Concerns and Investigation

This incident raises serious questions about the security of bank vaults in Germany and across Europe. While banks invest heavily in security measures, this robbery demonstrates the potential for sophisticated criminals to overcome even robust defenses. Authorities are reviewing security protocols at other financial institutions to identify potential vulnerabilities.

The investigation is ongoing, with police focusing on analyzing the surveillance footage, gathering forensic evidence from the scene, and interviewing witnesses. They are also working to determine the exact method used to drill into the vault and the type of equipment employed. The complexity of the operation suggests the involvement of a well-organized criminal group, potentially with expertise in engineering or demolition.

Additionally, investigators are exploring the possibility of an inside job, though no evidence currently supports this theory. The sheer scale of the crime and the targeted nature of the safety deposit boxes suggest a detailed understanding of the bank’s layout and security systems.

The German Federal Criminal Police Office (Bundeskriminalamt) has been brought in to assist with the investigation, given the potential for international connections and the high value of the stolen property. The BKA specializes in complex criminal investigations and has experience dealing with large-scale heists.

The recovery of the stolen property is expected to be a lengthy and challenging process. Authorities are urging anyone with information about the bank robbery to come forward. The investigation will likely focus on tracking the movement of the stolen goods and identifying potential buyers on the black market.

As the investigation continues, the focus will be on identifying and apprehending the perpetrators and understanding the full scope of this audacious crime. Customers of the affected bank are advised to contact their insurance providers and cooperate fully with the ongoing investigation.

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News Room December 31, 2025
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