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German cops nab suspect family but fail to find 100-kilo gold coin

by Greg Klein | July 12, 2017

German cops nab suspect family, fail to find 100-kilo gold coin

Security footage shows camera-shy suspects
passing through a train station near the museum.

Hundreds of heavily armed police, some wearing masks, raided several buildings and arrested four suspects in the theft of a 100-kilogram Canadian Maple Leaf gold coin. Worth well over $4 million, the coin fell victim to a daring heist at Berlin’s Bode Museum last March.

“We assume that the coin was partially or completely sold,” Associated Press quoted Carsten Pfohl of the Berlin state criminal office. A museum employee likely tipped off the thieves, another source told AP.

The four suspects, aged between 18 and 20, were said to be members of “a large Arab family with alleged links to organized crime,” the BBC reported. Several others are being questioned.

The arrests follow last week’s release of CCTV footage showing hooded suspects averting their faces as they walked along an otherwise deserted train station platform.

The missing coin was one of five produced by the Royal Canadian Mint, which keeps one copy in its vaults. Another, property of Barrick Gold TSX:ABX, remains on display at Toronto’s Royal Ontario Museum, where it’s part of the Teck Suite of Galleries.

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