A former security guard for Michael Schumacher and his accomplices are on trial in Germany for orchestrating a blackmail scheme against the Schumacher family.

Bombshell new details have emerged around the $A23.4 million blackmail plot on Michael Schumacher and his family.

Michael Schumacher's former bodyguard is being investigated by German police over claims he threatened to release sensitive photos of the Formula One icon. It is reported that Markus Fritsche and two other individuals threatened the Schumacher clan and demanded $15million for the return of 1,

A bodyguard working for the family of Michael Schumacher stole 1,500 photographs and 200 videos in an attempt to blackmail them for euros 15 million ($24m), prosecutors allege.

Michael Schumacher has not been seen since his near-fatal skiing accident in 2013 but the F1 legend’s family have been wrapped up in a shocking blackmail plot after a threat from an ex-bodyguard

A member of former Formula 1 driver Michael Schumacher's security team stole 1,500 photographs and 200 videos in a €15 million ($15.7 million) blackmail plot, German prosecutors have alleged.