15 Jan '11, 2am

A man in Germany is believed to have stolen 100,000 worthless East German marks, a now defunct currency

BERLIN - MORE than 20 years after reunification, police in eastern Germany stumbled upon a man's stash of worthless 100,000 East German marks, believed stolen from a bunker for sale to collectors. Police were searching the apartment of a 33-year-old man in the city of Halberstadt on drug, weapons and extortion charges when they found a suitcase filled with the defunct currency. 'It's unknown when or where the money was obtained, but we suspect that it was stolen,' a police spokesman said, adding that several 200 and 500 mark notes found were extremely rare in East Germany. 'That would have been an unthinkable amount of money for the average East German,' the police said. 'Today only collectors would value it.' During the currency union in 1990, small amounts of East German marks held as savings could in certain cases be traded in for deutschemarks at a rate of 1 for 1 - th...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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