economy

Unexplained Parking Theft: 2 Million Euros Stolen from Parking Meters in Ten Years

Bavarian couple stole nearly 2 million euros from parking meters over 10 years

Unexplained Parking Theft: 2 Million Euros Stolen from Parking Meters in Ten Years

TL;DR

  • A Bavarian couple admitted to stealing around €1.9 million from parking meters over ten years.
  • The husband, formerly responsible for emptying the parking meters, allegedly facilitated the theft with his wife.
  • Stolen coins were reportedly deposited into private accounts and converted into supermarket vouchers.
  • The couple is accused of commercial theft and faces a maximum sentence of 10 years in prison.
  • The investigation began after a bank reported suspicious cash deposits, indicating potential money laundering.
  • The city of Kempten has since updated its parking management system with new locks and procedures.
  • The couple allegedly lived a high-standard lifestyle funded by the stolen money, purchasing a horse farm and luxury goods.