The Energon Pub

Sat Dec 01, 2007 1:36 pm

I saw an interesting news story. A family bought a house from a widow who's husband had done some shady business deals in the past. They were shady enough to get him murdered in fact. So they live in this house for a while and they start working on the house. The father is up in the attic working on the electrical when he finds a ton of cash. After it is counted it is around 100 thousand dollars. He reports it fearing if he spends it he will be linked to crime he did not commit. It was not linked to any crime but the previous owner learns of it and says that is my money I put it there and forgot about it. He said prove it so she is suing him for the money back.
So what would you do? Personally I would want to keep it but I could also understand the fear that it was from a bank robbery, counterfeit or something like that.

News Credits: 6 · Sat Dec 01, 2007 1:48 pm

I use it to buy more tfs of course!

I don't think it's hers anymore. She sold that when she sold the house didn't she?

Someone good with law on here?

News Credits: 3 · Sat Dec 01, 2007 2:02 pm

Personally I wouldn't care if it was liked to a crime,
and I sure as hell wouldn't report it.
Now if the family gets to keep it they'll have to pay taxes on it.

Sat Dec 01, 2007 2:06 pm

Screw telling anybody... It's like the saying goes, finders keepers!

Sat Dec 01, 2007 2:13 pm

You find 100k in your attic, you shut up, stick back in the briefcase, and talk a stroll down to the bank. (Not your bank! I.E. if you us Bank of America then hit up a Wachovia.) You open two accounts. A checking and a savings. You drop 90k in the savings and 10k in the checking. Then you shut up go on with life. The money pool will be there to be tapped when you want. Only problem is you'd have to use it on the little stuff. Not little stuff as in start buying name brand instead of usually getting store brand... More medium stuff, I guess you could say. Like go that couch you always look at when you walk buy it in the mall. You know, with the back massager. Or a nice ring for your best gal. Things like that. Do not buy a car. Do not buy a house. Do not buy a boat. Do not buy a jetpack. Things that big attract attention. Gotta use it on the little things that make life better. That way, you make your life rock just a little bit harder and nobody's got their eyes on you. Also, dropping 90% of the money in savings in an important part. Drop it all in just the checking account, all you've got is 100k. But in a savings account? The interest you make off 90k will insure that 100k goes a little farther than just 100k.

Is it scary that I've got this question answered to practically the last detail?

News Credits: 1 · Sat Dec 01, 2007 2:31 pm

Pay off student debt

And then I'd buy 2 copies of every TF ever made. I'd keep one for myself, then video myself setting fire to each and every one of the duplicates. Then I'd post it here and make all of you cry.

Sat Dec 01, 2007 2:56 pm

-

Sat Dec 01, 2007 3:11 pm

Proportionally? No. But as a stand alone dollar amount? Yeeeppp.

Hence, my reason for saying

The interest you make off 90k will insure that 100k goes a little farther than just 100k.

I mean, truly the best thing to do with money is make more money. Correct?

Sat Dec 01, 2007 3:57 pm

I'd buy some lotto tickets

Sat Dec 01, 2007 4:36 pm

The way I see it, consider your christmas gifts paid off in full for the rest of your life. Cash transactions in moderate amounts aren't that suspicious. So go buy a game with $50, lunch for $40, etc. Nickel-and-dime it and it'll last practically forever. And who really audits you for fast food purchases, anyway?

News Credits: 2 · Sat Dec 01, 2007 6:50 pm

I sure wouldn't report it. It's your house now, and the money was a house warming gift. :grin:

Seriously, I'd keep a large portion of it in a safe in my house. That way when I die only a certain person will know of it, only he/she knows the combination, and it's not part of my estate. Whee! (I know someone that had a lot of cash in a safe in his house. In fact, it's the very house I'm in now :-$

)

News Credits: 38 · Sat Dec 01, 2007 8:10 pm

It is the current owners money. When you sign a deed over to a new owner(s), you also sign over any rights to the possessions inside. This includes money, furniture etc.

The money is no longer the widowers.

I was actually discussing this with my mother because her grandfather hid close to 50,000 somewhere in the house she used to live in. No one ever found it. I could ask the resident if I could search and split the money. Instead I'm waiting till they sell it so I can buy it for cheap (it's getting run down and quite old), so I can recover the money to give to her.

News Credits: 1 · Sun Dec 02, 2007 8:57 pm

Zone
Battlestars
Operation Combination

Then I could finally quit the hobby and spend whatever money I had left on other things.

Mon Dec 03, 2007 11:06 pm

TheMuffin wrote:It is the current owners money. When you sign a deed over to a new owner(s), you also sign over any rights to the possessions inside. This includes money, furniture etc.

The money is no longer the widowers.

I was actually discussing this with my mother because her grandfather hid close to 50,000 somewhere in the house she used to live in. No one ever found it. I could ask the resident if I could search and split the money. Instead I'm waiting till they sell it so I can buy it for cheap (it's getting run down and quite old), so I can recover the money to give to her.

but isn't there also the possibility that the current owner already found it and simply didnt mention it.

News Credits: 38 · Mon Dec 03, 2007 11:12 pm

Gutter Bunny wrote:
TheMuffin wrote:It is the current owners money. When you sign a deed over to a new owner(s), you also sign over any rights to the possessions inside. This includes money, furniture etc.

The money is no longer the widowers.

I was actually discussing this with my mother because her grandfather hid close to 50,000 somewhere in the house she used to live in. No one ever found it. I could ask the resident if I could search and split the money. Instead I'm waiting till they sell it so I can buy it for cheap (it's getting run down and quite old), so I can recover the money to give to her.

but isn't there also the possibility that the current owner already found it and simply didn't mention it.

Because a group of thirty people searching every brick in that house found nothing. Because they don't know what they were looking for. It's in a place where you wouldn't just happen upon it either. And if they had found that much money, they wouldn't still be making payments on that house because it was only $38,000. And they had put $12,000 down on it from the house they sold before that.... I've been keeping tabs.

News Credits: 97 · Tue Dec 04, 2007 6:23 am

So, wait, do YOU know where in the house the money is hidden? Or are you going to be searching every inch too?

Tue Dec 04, 2007 7:15 am

I'd keep the cash, spend it here and there. If it's linked ... throwing that kind of cash into a bank is going to raise some eyebrows immediately. Spending it here and there is harder to track. It most likely won't be tracked.

If the serial numbers are being watched, there may be a statute of limitations that has passed or something? Who knows ... depends on the crime I guess.

Anyway, possesion of the money certainly helps. I'd keep it, spend it, save it ... whatever.

I'd take it from the house it was found in, to avoid having it stolen in a robbery. Hold it in another family members house.

That's what I would do.

Tue Dec 04, 2007 10:04 am

I'd put a little into a checking account, put some in a place where it can collect interest, and with about half, I'd go play the stock market game.

News Credits: 38 · Tue Dec 04, 2007 12:06 pm

Savage wrote:So, wait, do YOU know where in the house the money is hidden? Or are you going to be searching every inch too?

I know where it is.

News Credits: 2 · Tue Dec 04, 2007 12:56 pm

I'd get a steak made out of solid gold.

Tue Dec 04, 2007 1:00 pm

Shadowman wrote:I'd get a steak made out of solid gold.

meh, it would be a little dry.

News Credits: 2 · Tue Dec 04, 2007 1:03 pm

Gutter Bunny wrote:
Shadowman wrote:I'd get a steak made out of solid gold.

meh, it would be a little dry.

Then I'd get A1 steaksauce...made out of Unicorn Blood.

EDIT: Oh, and salt made out of diamonds.

News Credits: 553 · Tue Dec 04, 2007 9:57 pm

I would start depositing a larger portion of my paycheck in the bank while using that cash to live on. That should work.

UNLESS, it's really old money. That can be hard to move easily. If you start buying your comics with 100 dollar bills from the 30's, for example, it's going to make for some suspicious people. Still, there are tricks that can be played.

Wed Dec 05, 2007 4:08 pm

I cant believe I actually found people who would keep the money. I have a message board for moms of infants and toddlers that I go to. I posted this same question to them and maybe one or 2 people said they would keep it, everyone else said they would try and find the owner.

News Credits: 38 · Wed Dec 05, 2007 6:13 pm

That's because they're morons.

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If you found 100k in your attic

If you found 100k in your attic

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