German man arrested for selling screws worth $155,000

September 30, 2007 An assembly man in Berlin, Germany stole one million screws from his co-workers and auctioned them over the internet. He was arrested at his apartment on Wednesday.

For two years, the 33-year-old stole up to 7,000 screws per day and hid them in a hiding place. Today he has 1.1 million screws that are valued at 110,000 euros (US$155,000).

"In the end, it became obvious that screws were being sold for much less than they usually cost," said police spokesperson for the Würzburg police. The man's name has not been released and he is in custody awaiting charges.