Gold Disappears from Paris-Zurich Flight

24/7 Wall St.

French officials revealed on Tuesday that $2 million in gold bars disappeared from an Air France passenger plane after the gold had been loaded on the plane for a flight to Zurich. The gold bars weighing approximately 161 pounds appear to have been stolen before the plane left Paris on a flight for Zurich operated by Air France budget carrier Hop!.

U.S. security firm The Brink’s Co. (BCO) said it delivered the gold to the plane and that "the parcels weren’t under [Brink’s] responsibility when they disappeared." Investigators have not ruled out the possibility that the gold disappeared once the plane landed in Zurich.

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Last June a plane from Switzerland to New York with a delivery of cash for the U.S. Federal Reserve Bank of New York arrived with $1.2 million missing from a scheduled delivery of $93 million.

Air France has claimed it was the victim of the gold theft and has filed a complaint with French authorities, according to The Wall Street Journal. An airlines spokesman said the gold shipments are insured but gave no additional details.

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