QUESTION: If you found a briefcase with $100,000 in cash and no way to trace the owner, what would you honestly do with it?
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QUESTION: If you found a briefcase with $100,000 in cash and no way to trace the owner, what would you honestly do with it?
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© Copyright 2007 – 2025 Claycord News & Talk
I would lift with my legs and not my back, and also list the briefcase on eBay
100% on target
Turn it in.
Who ya gonna turn it in to, OG? It cannot be traced. City? They’ll throw an open bar party to
buy votes. PoPo? Eventually, they’ll divie it up. The County? The State? LMAO.
The last time I kept something of any value to anybody – that did not belong to me…. Hershey company lost an unidentifiable 5 ounce Big Bar. I was 9 and definitely knew better…. and ….
should have done a better job of hiding the wrapper from my mother.
I learned my lesson the hard way!
Seriously? A hundred grand… I’d hire a middle man lawyer. I’d have the lawyer advertise it. Meanwhile… I’d invest it for the owner. 😸 50-50 Share-zies All % Earnings go to St Jude’s.
Turn it into law enforcement.
Don’t need it, we are doing OK in retirement.
California Civil Code (§ 2080-2080.10) requires found property with a value of $100 or more be turned over to Law Enforcement.
The Finder will be given a receipt with instructions for claiming the found property. If unclaimed by the owner(s), the found items the Finder turn in to law enforcement (including cash or jewelry) can be claimed by the Finder after 90 days.
§485 PC makes it either a misdemeanor or felony to misappropriated lost property depending on the value and circumstances.
Boy oh Boy! There’s a law and a tax for everything under the sun, isn’t there. You have to turn it in so they can tax you if you get to keep it…then they can tax you again on the same money when you spend it.
That’s the way the law is written, but it’s tricker than that. A coworker of mine find a large sum of money and turned it in to LE. He was given a receipt and was told to file a formal claim after a certain time frame if no one claimed it. He filed the claim within the time frame and was told he had to provide proof of “original origin.” Wow.
I have a few nieces and nephews, with one niece who works hard, supports her two kids, and is doing the absolute best that she can for them. Every Christmas, out of all of our nieces and nephews, we receive one card, and it’s from her. I’d give her some money in a heartbeat, as she could use it. Perhaps I’d give it all to her and really teach my other nieces and nephews a lesson about kindness and generosity, as they could use it.
Hide it from Uncle Sam. use the cash to pay for expenses, fund retirement accounts at the max contribution for the year. Put in in the bank without triggering a SAR.
If there was no way to find the owner, I’d replace the old plumbing in
my home, and add a new roof. Anything left over I’d put away for a
rainy day. If I had a relative or close friend that was struggling financially
I’d help them out, but everybody I know are doing OK for themselves.
One thing is for certain, I wouldn’t report it because Uncle Sam will tax it,
and I have already paid enough taxes in my lifetime.
Build another Starbux in claycord.
LMAO stop it!
I would turn it in. You find out who your true friends are when chips are down, and your character is revealed when no one is watching.
Leave it alone. Has nobody seen the movie “No Country for old men”
I’m getting older and the stairs seem to be getting steeper… so I’m thinking add an elevator, put the rest into savings.
With no way to trace the owner, I would donate some to certain charities, and then likely invest in some funds, not rush off and spend it. What else is there to do?
Asking Google AI …. you can keep it … there are some hurdles to go through but if no one is able to be found to legally own it – you can keep it but just pay taxes on it….. I’d probably go this route and keep a clear conscience but still get a nice bonus out of it
Under California law, you’re required to turn over lost money or goods valued at $100 or more to a local law enforcement agency within a “reasonable time.” California and New York have the most stringent laws.
… and if nobody claims it – its yours
In California, if you turn money in and no one claims it, the state will take possession of the property. This is part of the escheatment process, where abandoned or unclaimed property is transferred to the state to be held until the rightful owner or their heirs come forward to claim it. The state does not retain ownership of the property, but it does take custody to prevent the property from being sold or misused. The person turning the money in is not entitled to the money.
What $100,000? I would ask myself while sitting on a beach, earning twenty percent.
where can you earn 20%?
I’d sit on it for at least a year in case someone came looking. Then I wouldn’t say a damn thing and just use it for smaller cash purchases and slowly deposit it into my bank to not raise any suspicion.
Didn’t this actually happen in Concord in the 1980s? I believe someone found $100,000.00 in a briefcase in some bushes at the Concord BART Station. They turned the money in to the Concord Police Department. I believe nobody claimed the money, so the person who found the money and turned it in was able to get it back after a number of months of nobody claiming it.
Well…when Opie found money, Andy & Barney told him that if no one claimed it in a week, they would give iit back to him. Don’t reckon any sane person would trust our politicians to do the same thing, nor would $100K likely be from a legit source like Parnell Grigsby so…best to squirrel it away, never tell anyone about it, and just spend casually over time.
Hookers. Lots, and lots of hookers.