Precious Metal Scrapped Euro Coin Scam Costs Bundesbank Millions

German prosecutors have uncovered a 6 million euro scam involving reconstituted euro coins that had been sold to China as scrap metal. One and two euro coins were then brought back to Germany, some via Lufthansa airline employees, and traded in at the central bank.
An alleged scam has been discovered, involving the reconstruction of previously "destroyed" euro coins, according to German authorities.

An alleged scam has been discovered, involving the reconstruction of previously "destroyed" euro coins, according to German authorities.

Foto: LOUISA GOULIAMAKI/ AFP
mdm -- with wire reports
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