Just saw a news where a lady in Garden grove, California put $240,000 cash in a safety deposit box in Hanmi bank last August. When she checked it last March, the box was empty. She immediately notified the police and bank administrator and they said there's no evidence of tampering and they only keep camera recordings for only 3 months and erases for new recording. And the bank also said since there's no evidence of what was in the safety box, they cannot do anything. The lady said she'll sue the bank. Can she win in this case when there's no evidence what was in the safety deposit box the there's no camera recordings?
2007-04-05 09:39:59 · 16 answers · asked by Anonymous in News & Events ➔ Other - News & Events
I doubt it.
Interestingly enough, in the early seventies, the group Led Zeppelin had an identical occurrence with about one hundred thousand dollars.
Valuables are something you want to keep a line on. There are no absolute
safeguards against thieves even with documentation/record keeping of any kind. Like the old saying: Where there's a will there's a way - is the lifeblood of the career criminal.
Safety deposit boxes are only just that. Some see it as a convenience to get ready cash, others don't want their cash to show for obvious reasons. Risky business, that.
They present no safeguards against anything and are intended for the storage of personal belongings of personal values, but not to entrust one's life savings to!
2007-04-05 09:46:03 · answer #1 · answered by vanamont7 7 · 1⤊ 0⤋
Safety Deposit Box Singapore
2016-12-10 17:39:44 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Sure. A while back my ex-wife kept pulling stunts with the state. And because she did not have a job. The state or feds would garnish my bank accounts and tax returns. So I would keep a minimal amount of money in my accounts and put my extra money in a safe-deposit box. I eventually had enough money to buy a house. For cash. Interest on a savings account is less then 1%. And if I put money in the savings account then someone steals my identity and gets the money out. Then the 1% is not worth it. Money in a safe-deposit. Someone would need your key and signature.
2016-03-31 23:32:20 · answer #3 · answered by ? 4 · 0⤊ 0⤋
She can't do anything.. No one know what a person put in the safety deposit box. Even if she had witnesses. That matters not. You can't even insure a safety deposit box. First of all it's against the law to keep money in a safety deposit box. Obvious reasons the IRS, will accuse a person of tax evasion.
She's up **** creek without a paddle.. Sorry. I really am. Hope she didn't put all of her eggs in one basket. I bet if this story is true. There is someone in her family, who knew she had the money in the box. They impersonated her, and got her key to the box and took that money. I bet the bank was not involved. This question really got my blood boiling.
2007-04-05 12:04:26 · answer #4 · answered by Anonymous · 0⤊ 0⤋
a. this is an interesting story.
b. it is just a story not facts.
c. she can sue the bank -- and she will lose.
d. safe keeping contents are not insured.
e. if the bank burned down and s/k were burned --another story.
f. hope the lady will have some sympathizer to her case but sorry, no money.
hope it helps. and good luck -- we all need it.
2007-04-05 14:02:16 · answer #5 · answered by s t 6 · 0⤊ 0⤋
From August to March she did not check on a quarter million dollars and she has no record of the date she secured it ?? She's trying to milk the bank. It won't stand up in court.
2007-04-05 09:51:15 · answer #6 · answered by Anonymous · 2⤊ 0⤋
It's pretty suspicious that a bank would only keep security tapes for 3 months. Can anyone else vouch for that money that she put in there? Did she notate the sum anywhere?
2007-04-05 09:43:29 · answer #7 · answered by Year of the Monkey 5 · 1⤊ 0⤋
She is so out of luck, first of all you are not supposed to put cash in a box just for this reason. Things in that box are uninsurable, Sorry about her luck!!!!!she should have read the contract she signed when she got it.
2007-04-06 13:34:56 · answer #8 · answered by carrie 4 · 0⤊ 0⤋
She would have to prove the money was there by some other means. If she does file suit, she may be inviting an investigation by the IRS. That's a lot of cash to have.
2007-04-05 09:44:59 · answer #9 · answered by regerugged 7 · 1⤊ 0⤋
nope, it sounds like someone in her family stole the key,and stole her stuff, they are supposed to keep track of when folks visit. if noone visited between the time she put the money in and the time she found it gone, then the bank is suspect and banks don't like that kind of publicity, so they will frame her as a liar, and she will lose.
2007-04-05 09:45:57 · answer #10 · answered by TheAmberOtter 3 · 2⤊ 0⤋