In January of 1930, Freb Krebs, owner of the The Krebs, was far away from winter in Skaneateles, strolling along the Promenade des Anglais in Nice, France. Among the passersby, he was surprised to see two Australians he’d met earlier on his trip, in London. As the three talked, another man dropped his keys at Krebs’ feet; Krebs quickly restored the keys to their owner, and that man, who claimed to hail from Ireland, joined the conversation. Someone in the rapidly growing group suggested they adjourn to a nearby café.
The Australians turned the conversation to an orphanage back home that they were supporting, and the man who dropped his keys, seemingly touched by their tale, took out his checkbook and wrote the Aussies a check for $3,000. Fred Krebs, a generous man, was moved to do the same, and then, apparently, he took a nap. When he awoke, the three men were gone, with his check, and his $1,000 diamond ring.
Newspaper accounts said that the French police offered to search for the men, but Mr. Krebs said he preferred to forget the whole thing.