Posted on 05/20/2011 6:36:45 PM PDT by apoliticalone
Man Finds More Than $40,000 Cash in Utah Home, Returns it to Owners
Bountiful, Utah – A man who found more than $40,000 cash in the Utah home he recently bought has returned the money to its rightful owner, The Salt Lake City Tribune reported Thursday.
Josh Ferrin discovered the money stuffed in eight ammo boxes in the attic while he was exploring a workshop room in the Bountiful home on Tuesday.
"I opened it up, freaked out. Closed it, locked it in my truck and called my wife," Ferrin said of the surprise.
At the time he thought of his car troubles, repairs and renovations for the house and his desire to adopt a child -- but he returned it to the owner.
"I couldn't let myself consider the money mine," he said.
"This little guy [the previous homeowner] didn't put it there for me. He put it there for a rainy day," he said.
Ferrin took the eight boxes to his parents' home, where he counted the money with his wife Tara and two children, Oliver and Lincoln.
Read more: http://www.foxnews.com/us/2011/05/20/man-finds-40000-cash-utah-home-returns-owners/#ixzz1Mweo9G42
(Excerpt) Read more at foxnews.com ...
I can not believe you, still calling this guy a kook.Intent on accusing the guy as a drug dealer or some other kind of crook.I have kept as much as 20K in cash at times.Just because you are a broke dick loser does not mean everybody is!
This same article was posted on Democratic Underground.
A number (although not all) of the posters said they would have kept the money.
So far, not a single freeper has said he or she would keep the money.
It’s dangerous to feel superior, but I am glad that the vast majority of freepers try to live according to traditional values.
see post #16.
See post #17
excuse me I meant Post #19 I believe. I see you are from Texas. The story I recited was when my Dad lived in Houston. I was raised in Texas and we used to go fishing in the Gulf and off Padre Island. Nice catch photos at your site.
excuse me I meant Post #19 I believe. I see you are from Texas. The story I recited was when my Dad lived in Houston. I was raised in Texas and we used to go fishing in the Gulf and off Padre Island. Nice catch photos at your site.
I’m pretty sure I would return it. Of course, that’s easy to say when it just theoretical, and not an actual heaping pile of cash on ~my~ kitchen table. But I really think I would give it back. I’ve never been tempted with that much, but I’ve returned lesser amounts of found money... plus if I kept it, I’m sure it would nag at me forever.
Dude forgot that no good deed goes unpunished!
Well down here in Texas it is not unusual for people to carry or keep large sums of cash. You never know when the next good deal is gonna come your way. You need to pull that bible out of your a$$ snd keep it in your house and not wave it in front of everybody.
He had no ethical obligation to give it up. However, it would be classified "undeniable ascension to wealth" and taxable, usually as income. I wonder if, in our screwed up America, he'd still be on the hook for those taxes!
It wasn't "returned" to its original owner. The presumed owner of the money was dead and apparently left no record of it for his children. Maybe he didn't want them to have it. He wouldn't be the first parent.
You could also argue God wanted this guy to have it.
Finally, if he were really a "goody-goody" he'd have eschewed press and we'd never have known about any of it. Instead it's all "look at me and how great I am."
I used to lurk on a metal detecting forum. There was a story about one guy that left his metal-detecting adventures and went to exploring old abandoned houses on the outskirts of town. But still kept up with his metal-detecting friends.
One day he drove up to the Saturday morning breakfast his metal-detecting friends had before going off to the local park or whatever. He motioned to his best friend in the crowd to come look at his car. He opened up the trunk, and inside were several old suitcases. He opened one up and it was full of cash - the other suitcases were stuffed as well that he had found in an abandoned house. Then he drove off, never to be seen again.
Like most “treasure” stories - who knows. But fun to think about. Other than perhaps the house isn’t really abandoned, etc.!
I was just speaking with a friend that made the trip to his recently passed away father-in-law’s house - the man was notorius for hiding money. In the back yard in found several buried ammo cans. All empty! (Why bury empty ones back? I suppose to keep the hole open?). But he said his heart was racing after he detected them, dug and hit metal, etc.!!
And 4 hubcaps all in a row spaced 2 feet apart. But nothing underneath them. Weird. They did find some cash tucked in behind some of the electrical outlet covers!
I believe that “the law” agrees with you, that the money came with the house. Just like a hidden termite nest would come with the house. Legally anyway.
Probably, but the law also allows you to kill your unborn child too. There is the law and then there is the LAW.
ROTFLMAO !
You made my day with that post....thank you.
Who keeps $40K in their attic?
Who moves out of their house and forgets they have $40K in the attic?
To heirs? That's very complicated. You don't know the relationship the man had to his children. It appears they didn't know a thing about the stash of cash which suggests he didn't want them to know about it.
Also, it's likely there was be a formal estate. The administrator of the estate, if you chose not to keep the cash acquired with the house, should've been informed of the money rather than children directly.
It's possible he may find himself owing taxes on it, even after giving it up, and the children could as well (either as a gift or inheritance). It depends how the law sees things. Was the money "his" by virtue of buying the home? If so, he owes taxes on it. Did he then gift the money to these other, unrelated people? It was certainly a taxable amount in that case too.
Read the article. Dude moved out feet first.
And before anyone thinks I am touting my own goodness, I cannot claim any of it. It was given to me by the strenuous examples of my grandfathers and my father, all of whom would rather wander naked and desitute in the woods before they took something they didn't earn, much less something they stole (which, make no mistake, it would have been if he had kept it).
I guess it's natural for people to look for glimmers of hope in our fallen world, but you won't find it here, really.
I'd do the same, get on with my day, and be rather perturbed if some newsy bothered me about it.
Go ahead and flame.
"Finder's keeper's, losers weepers" is a childish sing-song for a reason.
Your final point, however, is right on.
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