Posted on 02/28/2014 7:42:55 PM PST by ClaytonP
The Northern Californian couple who found $10 million worth of gold coins on their land could have broken California Law for failing to report their stunning discovery to police, it emerged today.
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But, according to Californian Law, the couple should have declared their findings to the police within a reasonable time of finding it.
The Californian Civil Code, sub-section 2080, also states that a notice must go in the local paper if the haul is worth more than $250.
Usually, breaking the Civil Code isnt an arrestable offense but punished with a fine.
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But, according to one Gold Country Sheriffs Department, the matter is taken so seriously that the couple could be called in for questioning and could face arrest.
(Excerpt) Read more at dailymail.co.uk ...
Oh sure:
Ad, hey anyone missing 10 million dollars in coins?
100,000 replies.
I think the ONLY way this goes to others would be if the police have a report about this missing from some relatives that used to live in that area. Beyond that let CA pound sand.
In any case, if these people sell 10 million they will owe the feds and state about 5.5 million of their findings.
You did the right thing. I’m sure he thought the money was gone and too embarrassed for anyone to question how he might have lost it in the first place.
Not a bad idea.
Come on Vet. You post every day. You certainly know that 99.99% of Americans don't own their own land. Land is leased from the government. You get to pay for all of the up front costs and then pay property taxes. There are only a few places in American where you don't have to pay property taxes. It only makes sense to pay property taxes to fund police that will arrest you for finding something on your own property. (massive sarcasm, I am in a really pissy mood tonight)
That's what I used to think. Stop paying your property taxes and you will see who the land truly belongs to.
Hail, fellow serf!
the crime, pollution, earthquakes and landslides are not so bad... the corruption, not any worse than in other states... the taxation and government--yeah... those are bad...
You may be right. My thought was that the dealers would talk to one another at shows or something. Then again, maybe they wouldn’t compare notes or scruple over it too much. Kinda surprised people even sell gold coins on e-bay.
That is why it’s called “Real Estate” which means Royal Land, or land belonging to the king or state.
Yep! We just did not know when and how.
No ad for TX?
If you don’t know that Texas is booming and conservative by now, nothing I post will help, will it?
Not necessarily, per CA law, and for that matter the law of most other states.
What exactly is outrageous about the law requiring someone who finds obviously lost/abandoned property to make some prescribed attempt to find the true owner?
If I find a lost wallet with $10,000 in it in the bushes in my front yard, I know it doesn't belong to me. Is it honest for me to just keep it? Make no attempt to find the real owner?
What are you talking about pie holes. If they wanted to motorize what they found they had to find someone
A. to tell them what they had,
B. to help them sell them.
So they were stupid to do that? What the hell would you do?
Which fairly obviously implies that the law dates back to when $250 was a lot more money than now. Or, IOW, back to the before CA got all screwed up.
I wouldn't be surprised if the law is something close to 100 years old.
The state can call them in to be questioned!Give me a break!Why even put it in the paper?What cowplop!The state intends to steal this find!Stay away from CA.!
Just curious. How does not square respect for the law and private property with concealing evidence of a crime and receiving stolen property?
Some parts of TX are conservative and booming. And I love those Texans that live there. But I am looking north and west. I need four seasons, or at least 5 months of real winter. Additionally, imagine a state that doesn’t have a major US city ... that works. If TX could get rid of the bad parts of DFW, Houston, and Austin then we are talking,
Goldbug ping.
Sounds like government has ownership when it finds all that gold that people are losing when they have their tragic “boating accident.”
But seriously, if there is a statue of limitations on a criminal charge for the theft, that should apply to an ownership claim as well. But a person could sell two or three pieces a year at coin shows without arousing suspicion and the sale would be in cash for a “family heirloom.”
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