1 week ago Loot taken from German bank in elaborate vault heist could exceed US$117 million

The loot from the spectacular break-in at a German bank may have exceeded €100 million (US$117.24 million), security sources said on Sunday, as new questions were raised over the origin of some of the money stored inside. The sources said that individual customers reported that they each had more than €500,000 in their safe deposit boxes at the Sparkasse branch in the western city of Gelsenkirchen, confirming earlier reports by the German mass-circulation daily Bild. Bild reported that the...

Economics

2 w. ago China Arrests 100 House Church Members, Offers Cash Rewards for Their Capture

China Arrests 100 House Church Members, Offers Cash Rewards for Their Capture  Crosswalk.com

Events

2 w. ago Robbers steal US$35 million in cash, gold and jewellery from German bank

Robbers used a large drill to break into a German savings bank’s vault room and steal cash, gold and jewellery worth some €30 million (US$35 million), police said on Tuesday. The robbery in the western city of Gelsenkirchen saw the thieves break into more than 3,000 safe deposit boxes, they said. While the criminals remained at large, hundreds of distressed bank customers massed outside the branch on Tuesday demanding information but were kept at bay by police. According to police, the robbers...

Economics

2 w. ago Robbers steal over US$100 million in cash, gold and jewellery from German bank

Thieves stole tens of millions of euros worth of property from safety deposit boxes inside a German bank vault that they drilled into on Monday during the holiday lull, police said. Some 2,700 bank customers were affected by the theft in Gelsenkirchen, police and the Sparkasse bank said. Thomas Nowaczyk, a police spokesman, said investigators believe the theft was worth between €10 million and €90 million (US$11.7 to US$105.7 million). German news agency dpa reported that the theft could be one...

Economics

2 w. ago Thieves steal up to US$100 million in cash, gold and jewellery from German bank

Thieves stole tens of millions of euros worth of property from safety deposit boxes inside a German bank vault that they drilled into on Monday during the holiday lull, police said. Some 2,700 bank customers were affected by the theft in Gelsenkirchen, police and the Sparkasse bank said. Thomas Nowaczyk, a police spokesman, said investigators believe the theft was worth between €10 million and €90 million (US$11.7 to US$105.7 million). German news agency dpa reported that the theft could be one...

Economics

2 w. ago ‘Ocean’s Eleven’ gang steals millions in cash, gold and jewellery from German bank

Robbers used a large drill to break into a German bank’s vault room during the extended Christmas break and steal cash, gold and jewellery worth €30 million (US$35 million), police and the bank said on Tuesday. The spectacular heist in the western city of Gelsenkirchen, North Rhine-Westphalia state, saw thieves smash open more than 3,000 safe deposit boxes and make off with the loot. While the criminals remained at large, hundreds of distressed bank customers massed outside the branch on Tuesday...

Economics