A Hradec Králové property management firm, Správa nemovitostí Hradec Králové, has reported the theft of approximately €2 million (46 million Czech crowns) from its accounts. The theft occurred over several days, and authorities are investigating the case, with the perpetrator facing up to ten years in prison. An employee of the firm is implicated in the fraud as she allegedly transferred the funds to fraudulent accounts, and will face internal disciplinary action. The company is currently assessing its insurance coverage related to the financial loss. The incident has prompted a full internal review of financial procedures within the organization. Details regarding how the fraud was perpetrated are still emerging as the investigation continues. The case highlights potential vulnerabilities in financial controls within municipal organizations.