Struggling stewardess exposed euro coin fraud ring

Thu Mar 31, 2011 8:15am EDT
 
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FRANKFURT (Reuters Life!) - An airline stewardess struggling to lift her bag at a German airport led to the discovery of a 6-million euro ($8.4 million) coin fraud.

The customs officer who stopped the stewardess in early 2010 found thousands of one and two euro coins in her bag, Bild newspaper reported in its Thursday edition.

The incident sparked an investigation that has uncovered a forgery ring stretching to China and potentially implicating employees of German airline Lufthansa, the paper said.

The Frankfurt prosecutors' office said on Thursday it carried out dawn raids on offices and residences and arrested six people, four of whom are from China.

It suspects them of having smuggled coins that had been taken out of circulation or bits of those coins into Germany from China, where they had been sent as scrap metal.

The suspects then put the coins back together and exchanged them for a total of 6 million euros at the Bundesbank from 2007 to 2010, the prosecutors said.

Airline cabin crew do not have a weight limit on their baggage, prosecutors highlighted in a statement.

There was no suspicion of any wrongdoing on the part of Bundesbank employees, the prosecutors' office added.

The Bundesbank said in a statement it was aware of the investigation into the use of scrapped coins. It also said that no Bundesbank employees were subject to the investigation.   Continued...