3 charged and remanded over theft of €4.2 mln

The manager of a local security company branch in the northern Greek city of Kavala and his two accomplices have been charged with grand larceny over the theft of 4.2 million euros from the security company's premises last January.

The security company manager had falsely reported to police last January that he had been abducted by two masked men and forced to open the company's safe containing money destined for bank ATMs.

Police investigated and concluded that the "kidnappers" were actually friends of the manager's and that the story was a cover one. A search at the accomplices' business last week yielded almost 3.4 million euros hidden in various places.

Initially, the security company manager had been charged with embezzlement and the other two as accessories. However, the security firm, Brink's Hellas, has not pressed charges against the manager and he can...