Close X
Saturday, November 23, 2024
ADVT 
International

German Police Raid Several Homes In Search For Stolen Canadian Gold Coin

The Canadian Press, 12 Jul, 2017 01:07 PM
    BERLIN — Hundreds of German special police raided several buildings in Berlin early this morning, arresting four suspects in connection with the brazen heist of a 100-kilogram Canadian gold coin stolen from one of the city's museums earlier this year.
     
    Heavily armed masked police arrested the suspects, one wearing a hood over his head, in Berlin's Neukoelln neighbourhood.
     
    Another nine people are being questioned in the case.
     
    Police say all suspects are related to one another and aged between 18 and 20.
     
    The raids of 13 different buildings lasted several hours, but the gold coin was not recovered.
     
    Carsten Pfohl of the Berlin state criminal office told reporters that police also confiscated clothes and cars to comb for traces of gold.
     
    "We assume that the coin was partially or completely sold," he said.
     
    The Canadian "Big Maple Leaf" coin, worth several million dollars, was stolen from the Bode museum in March.
     
    Police say the three-centimetre thick gold coin, with a diameter of 53 centimetres has a face value of C$1 million. By weight alone, however, it would be worth almost C$4.5 million at market prices.
     
    Experts think the coin may have been melted down already to cash in on the gold. Police also searched a jewelry store in the Berlin neighbourhood, saying they had indications the store may have been involved in the possible sale of the gold.
     
    The thieves were most likely tipped off to the existence of the enormous coin by an acquaintance who worked at the museum as a guard, police said.
     
    At least two burglars broke into the museum at night on March 27, using a ladder to climb to a window from elevated railway tracks. They grabbed the coin, loaded it onto a wheelbarrow and then carted it out of the building and along the tracks across the Spree River before descending into a park on a rope and fleeing in a getaway car.
     
    Police had published footage from surveillance video asking the public for help in finding the thieves.
     
    The coin, which has an image of the Queen on one side and maple leaves on the other, was on loan from a private, unidentified person, dpa reported. It's one of only five that were made by the Royal Canadian Mint.

    MORE International ARTICLES

    Lord Swraj Paul Dedicates Caparo Plants In Honour Of His Late Son

    Lord Swraj Paul Dedicates Caparo Plants In Honour Of His Late Son
    Leading NRI industrialist Lord Swraj Paul has dedicated Caparo plants in India in honour of his late son Angad Paul.

    Lord Swraj Paul Dedicates Caparo Plants In Honour Of His Late Son

    Saudi-Based NRI Joins Hands With Super 30 To Help Talented Minority Students

    Saudi-Based NRI Joins Hands With Super 30 To Help Talented Minority Students
    Obaidur Rahman, a businessman who is also chairman of the Bihar foundation in Saudi Arabia, has formed an organization called Rahman 30, which will select 30 talented students from the minority community

    Saudi-Based NRI Joins Hands With Super 30 To Help Talented Minority Students

    Amarinder Singh Sanctions Rs 3.56 Lakh For Punjab Youth Stuck In Sharjah

    Punjab Chief Minister Amarinder Singh on Saturday sanctioned Rs 3,56,700 from the Chief Minister's Relief Fund, on humanitarian grounds, to facilitate the return of a Gurdaspur resident from a ship he is stuck in at Sharjah Port.

    Amarinder Singh Sanctions Rs 3.56 Lakh For Punjab Youth Stuck In Sharjah

    15-Year-Old Indian Girl Dies Of Heart Attack On Saudi Arabia Beach

    15-Year-Old Indian Girl Dies Of Heart Attack On Saudi Arabia Beach
    A 15-year-old Indian girl has died of a heart attack while playing at the popular Half Moon beach in Al-Khobar city of Saudi Arabia.

    15-Year-Old Indian Girl Dies Of Heart Attack On Saudi Arabia Beach

    PICS: PM Modi Begins 'Groundbreaking' Visit, Benjamin Netanyahu Says 'Historic'

    PICS: PM Modi Begins 'Groundbreaking' Visit, Benjamin Netanyahu Says 'Historic'
    A new fast-growing Israeli Chrysanthemum flower has been named after visiting Indian Prime Minister Narendra Modi to honour him.

    PICS: PM Modi Begins 'Groundbreaking' Visit, Benjamin Netanyahu Says 'Historic'

    Former Indian-American Executives Charged With $4 Million Fraud Scheme

    Former Indian-American Executives Charged With $4 Million Fraud Scheme
    Two top Indian-American former executives of a Chicago-area information technology company have been charged by the US federal regulator in an accounting fraud scheme in which they misled investors and siphoned millions of dollars from the firm for their personal benefit. 

    Former Indian-American Executives Charged With $4 Million Fraud Scheme