German student caught smuggling $12.7 million in cash
A German student was caught by Custom Officials with $12.7 million in cash.
German authorities say they seized €8.7 million (US$12.7 million) in cash from a student this year and suspect the money came from cigarette or drug smuggling.
Customs spokesman Wolfgang Schmitz says officers found the money in May. He confirmed a report in the Bild am Sonntag newspaper that the money — in €50 and €100 bills — was found in the student’s luggage.
Schmitz said Sunday that investigations so far indicate the money came “from smuggling deals — either narcotics or tobacco,” and there is no indication of a connection to terrorism.
