Max Nathan, a well-known Hamburg Jewish banker, committed suicide in a jail here, where he had been held on tax charges, the German press reports.
Nathan was arrested in the Hamburg railway station when he returned from Marienbad.
According to the press, police who searched Nathan’s home discovered a treasure-chest concealed in the garden containing, gold, jewelry and currency to the value of 250,000 marks.
Following Nathan’s suicide, his son was arrested charged with aiding his father to conceal assets, as well as with high treason.
Existing laws in Germany do not restrict the amount of gold and jewelry any individual is allowed to possess.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.