Did anyone on here happen to leave $10,000 in a KC hotel room?

http://www.wral.com/boy-10-finds-10-000-in-kansas-city-hotel-room/12499220/

6/2/2013 1:05:14 PM

Good on the fam turning it in

6/2/2013 1:08:23 PM

It was really just a large collage of presidents

6/2/2013 1:10:13 PM

My next stop would of been Vegas.


Hey kids! We are going to circus circus.

6/2/2013 1:15:42 PM

I doubt anyone steps forward, it's most likely dirty money.

They should have kept it.

6/2/2013 1:17:56 PM

"Good on"?

Good for.

6/2/2013 1:36:21 PM

^^My thought too. My sister was out at the bar with her friends one night and she found $700 laying on the ground. The one guy with her was a sheriff and said to keep it because no one can prove it belongs to them.

[Edited on June 2, 2013 at 1:38 PM. Reason : .]

6/2/2013 1:38:34 PM

If they decided to not report it, would they be breaking any laws? Is there an upper limit or something to "found" money that you are supposed to turn in?

6/2/2013 2:27:24 PM

6/2/2013 2:29:27 PM

message_topic.aspx?topic=631079

6/2/2013 3:16:07 PM

I like to say I take pride in my integrity, but I don't turn in found money...found money in wallet is a different story

6/2/2013 7:40:36 PM

Quote :

"If they decided to not report it, would they be breaking any laws? Is there an upper limit or something to "found" money that you are supposed to turn in?"

I don't know, but the person who lost it has 7 months to claim it, or the boy who found it gets to keep it.

How will that work with the bank though? What do they do to you when you want to put that large of an amount of cash in an account? I've heard when you try to deposit a large check they will often call the person who wrote it just to make sure someone didn't steal their check book.

[Edited on June 2, 2013 at 11:13 PM. Reason : .]

6/2/2013 11:07:08 PM

do you have a bank account?

that is a serious question

6/2/2013 11:52:03 PM

^Multiple accounts.

6/3/2013 12:01:03 AM

You're out of your element, Donnie Big4Country!

[Edited on June 3, 2013 at 12:03 AM. Reason : LOL]

6/3/2013 12:03:26 AM

If collect it and GTFO of that hotel immediately.
Then I'd reconsider what to do with it. Safety first, yo!

6/3/2013 12:12:05 AM

Quote :

"I like to say I take pride in my integrity, but I don't turn in found money...found money in wallet is a different story"

6/3/2013 10:51:41 AM

Quote :

"How will that work with the bank though?"

If you deposit $10k+ the bank has to file a currency transaction report to the Dept. of the Treasury.

$10k would be awesome to stumble upon, but it's really not a huge number in the grand scheme of things. It would be easier just to spend the cash over a year or two than to try to launder it into your legitimate accounts. Pay cash when you eat out, buy half your groceries with cash, buy half your gas with cash, buy some toys you want (TV, xBox, etc.) Most families could burn through it in a year pretty easily without raising any red flags. If it were $100k+ you'd have to put some thought into it, but $10k would be easier just to spend.



[Edited on June 3, 2013 at 11:47 AM. Reason : l]

6/3/2013 11:46:05 AM

10,000 $1 HOOKERS

6/3/2013 11:54:40 AM

Deposit $9900 or so or make a series of small deposits over a little time. Problem solved.

[Edited on June 3, 2013 at 1:07 PM. Reason : .]

6/3/2013 1:07:01 PM

I would have taken a Zoomba class.

6/3/2013 1:08:46 PM

When I was a kid, I went to the grocery store with my grandmother. While checking out, I found a twenty on the ground. The lady ahead of us was paying with a check and noticed that I found it, and she said it was hers and that I should give it back.

Now, I'd been watching, and I know she didn't drop anything when she got her checkbook out. But I figured she was an adult, and it wasn't worth the hassle. My grandmother probably just wanted to get the hell out of there, so I gave the lady the bill.

On the way back to the car, my grandmother said, "She didn't drop that. You should have offered to split it with her then ripped it in half."

6/3/2013 2:23:48 PM

I have some sweet stuff for sale in classifieds, if anyone who has found drug money is interested

I'm Krallum and I approved this message.

6/3/2013 2:30:44 PM

Like what was said above, just spend the 10K casually.

Shit, if I spent the 10K on groceries, food and bars I would probably be out of the cash in 6 months (assuming I'd eat out a little bit better).

Honestly, even if i found a one time sum of 200K I don't think i would bother laundering it or putting it in multiple accounts. $200K could be spent really easily over a year or so without raising flags.

6/3/2013 2:31:55 PM

dude if I found that much cash I would for sure turn it in. Somebody will be looking for it and I have seen that movie before.

6/3/2013 4:56:05 PM

^^The problem with that is, what happens if you get mugged on the street, or someone breaks into your house and steals it? My mom cashed a check for $600 one time and then she was mugged in a parking lot a few days later. If it was in the bank she could have just put a freeze on all of her cards and accounts, so no one could steal it out of the account.

6/3/2013 7:49:52 PM

i wouldnt be that worried about someone stealing money that wasn't really mine to begin with

But in reality, it's not like you'd walk around with the $10,000-expenses on you all the time Your mom shouldn't have kept $600 on her for a couple days after cashing the check. Bit of a difference.

[Edited on June 3, 2013 at 7:59 PM. Reason : ]

6/3/2013 7:57:30 PM

Depositing $9, 900 wont work that sets off immediate red flags and gets reported.

I think the ctr gets filed at $5 k now anyway

6/3/2013 8:03:33 PM

Quote :

"Deposit $9900 or so or make a series of small deposits over a little time. Problem solved."

An attorney in Raleigh was prosecuted for doing just that recently.
http://www.wral.com/news/local/story/5013316/

http://www.wral.com/news/news_briefs/story/8075144/

6/3/2013 8:43:35 PM

^^ Wrong.

6/4/2013 12:08:59 AM

The first point I made is 100% accurate. If you make weird deposits they will get flagged. Whether you do a series or one weird dollar amount like $9900.

And there is something they file over $5k usually but perhaps not a ctr. Ive never worked in a branch environment so I dont know all the rules just enough to get through the training quizzes for all those how to stop terrorism laundering

6/4/2013 12:12:43 AM

The limit is $10K but federal agencies look at trends of cash deposits. These cash deposits have to exceed a total of $3K a month total between all accounts.

This doesn't apply to businesses such as S Corps under which an individual would count there profits of the organization as income but for the normal individual that is what they check.

With that said, putting any of it in the bank is probably not a good idea. Just keep it at your house, don't say shit about it and spend it casually over the course of the year.

Or, fuck, buy two nice couches and a TV. Done. Problem solved.

6/4/2013 9:42:37 AM

you could probably get away with one 8000 or 9000 deposit. it took years and some 400+ deposits before the attorney was busted.

i wouldn't risk a future in prison for a measly $10k

{edit}

on second thought .... yeah, i might. if no one was looking.



[Edited on June 4, 2013 at 4:10 PM. Reason : ]

6/4/2013 4:04:51 PM