From that bank vault robbery episode from two weeks ago in Gelsenkirchen (I've essayed it several times)....there's a rumor (came in BILD reporting this AM) going around that 'they' (the bank and the insurance company)....will go and pay the maximum allowable on each box.
Personally, I have doubts that the rumor is completely true.....usually, the insurance company will only cover what you can prove. Maybe the bank is set to cover this alone....to make people happy.
Some kind of weird 'path' going on? Well...lot of people now seem to believe that various 'customers' kept tens of thousands to hundreds of thousands of Euro in their bank boxes.
Hidden income situation? Yeah.
Max pay-out? Well....10,000 Euro is usually the pay-out unless you had special extra insurance.
People still not happy? If you knew that you had 80,000 Euro in cash in the box....yeah, this 10k Euro pay-out won't make you happy.
The other issue brewing? I think the tax-guys are reviewing things....to realize billions in hidden cash might be in bank-boxes across the nation.
Hidden income....the real story here? Small German shops/pubs....could sit there and generate 100k Euro in each year, but only report 50k for tax purposes....taking a bit out each month....to hide in a cash-box.
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