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Thief nailed selling a million stolen screws

world Updated: Sep 29, 2007 02:34 IST

Reuters
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A German factory worker stole over a million screws from his employer and skewed the market with his cheap stolen goods, police said Friday.

"In the end, it became obvious that screws were being sold for much less than they usually cost," said a spokesman for police in the southern city of Wuerzburg.

Over two years, the 33-year-old assembly plant worker smuggled between 2,000 and 7,000 screws out of work each night, and auctioned them on an Internet site, police said. The scheme cost his firm around 1,10,000 euros ($156,000).

The man confessed after officers raided his home.