Would not immigration officials at Schiphol receive a passenger manifest of the incoming flight, and check that manifest against a database of reported passport losses, and identify that individual for special attention on entry?
No they would not, there is no such requirement in Europe or anywhere else but the US.
But surely red lights would have flashed when those two passengers travelling on stolen showed up at the Schengen border at AMS - given that the passports produced to the immigration officer were registered as stolen with Interpol?