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BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET!
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Anonymous Coward
User ID: 746244
11/5/2009 11:28 AM
Report abusive post | |
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Anonymous Coward
User ID: 746244 (OP)
11/5/2009 12:04 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
This should be PINNED |
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Anonymous Coward
User ID: 751936
11/5/2009 12:06 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
The raid that rocked the Met: Why gun and drugs op on 6,717 safety deposit boxes could cost taxpayer a fortune.
More than 500 officers smashed their way into thousands of safety-deposit boxes to retrieve guns, drugs and millions of pounds of criminal assets. At least, that's what was supposed to happen. Adrian Levy and Cathy Scott-Clark investigate.....
[link to www.dailymail.co.uk] |
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Doominator
User ID: 162364
11/5/2009 12:07 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
 Only an idiot keeps their "stuff" at a bank. |
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Anonymous Coward
User ID: 798577
11/5/2009 12:08 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
[link to abcnews.go.com]
A woman says the state took her property and sold it for a fraction of its cost.
The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they're supposed to safeguard for their citizens. But a "Good Morning America" investigation found some states aggressively seize property that isn't really unclaimed and then use the money -- your money -- to balance their budgets.
Unclaimed property consists of things like forgotten apartment security deposits, uncashed dividend checks and safe-deposit boxes abandoned when an elderly relative dies.
Banks and other businesses are required to turn that property over to the state for safekeeping. The problem is that the states return less than a quarter of unclaimed property to the rightful owners.
Not-So-Safe-Deposit Boxes
San Francisco resident Carla Ruff's safe-deposit box was drilled, seized, and turned over to the state of California, marked "owner unknown."
"I was appalled," Ruff said. "I felt violated."
Unknown? Carla's name was right on documents in the box at the Noe Valley Bank of America location. So was her address -- a house about six blocks from the bank. Carla had a checking account at the bank, too -- still does -- and receives regular statements. Plus, she has receipts showing she's the kind of person who paid her box rental fee. And yet, she says nobody ever notified her.
"They are zealously uncovering accounts that are not unclaimed," Ruff said.
To make matters worse, Ruff discovered the loss when she went to her box to retrieve important paperwork she needed because her husband was dying. Those papers had been shredded.
And that's not all. Her great-grandmother's precious natural pearls and other jewelry had been auctioned off. They were sold for just $1,800, even though they were appraised for $82,500.
"These things were things that she gave to me," Ruff said. "I valued them because I loved her."
Bank of America told ABC News it deeply regrets the situation and appreciates the difficulty of what Mrs. Ruff was going through. The bank has reached a settlement with Ruff and continues to update its unclaimed property procedures as laws change |
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Doomicus Posticus
User ID: 809396
11/5/2009 12:14 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
How come they ALWAYS get away with this shit? |
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Anonymous Coward
User ID: 809168
11/5/2009 12:20 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
All my silver will not be going into any safety deposit box. I think no matter what is in my possession is noone else's buisiness and it would be an infraction of my right to privacy and liberty! |
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Anonymous Coward
User ID: 810975
11/5/2009 12:20 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
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Anonymous Coward
User ID: 810358
11/5/2009 12:22 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Actually, you deposited you safety "deposit" box to pay their debt ..
WHy else would you deal with a Federal Reserve Bank ?
Otherwise wouldn't it be a repository for oyur money ? |
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Anonymous Coward
User ID: 810358
11/5/2009 12:23 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
[ link to abcnews.go.com]
A woman says the state took her property and sold it for a fraction of its cost.
The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they're supposed to safeguard for their citizens. But a "Good Morning America" investigation found some states aggressively seize property that isn't really unclaimed and then use the money -- your money -- to balance their budgets.
Unclaimed property consists of things like forgotten apartment security deposits, uncashed dividend checks and safe-deposit boxes abandoned when an elderly relative dies.
Banks and other businesses are required to turn that property over to the state for safekeeping. The problem is that the states return less than a quarter of unclaimed property to the rightful owners.
Not-So-Safe-Deposit Boxes
San Francisco resident Carla Ruff's safe-deposit box was drilled, seized, and turned over to the state of California, marked "owner unknown."
"I was appalled," Ruff said. "I felt violated."
Unknown? Carla's name was right on documents in the box at the Noe Valley Bank of America location. So was her address -- a house about six blocks from the bank. Carla had a checking account at the bank, too -- still does -- and receives regular statements. Plus, she has receipts showing she's the kind of person who paid her box rental fee. And yet, she says nobody ever notified her.
"They are zealously uncovering accounts that are not unclaimed," Ruff said.
To make matters worse, Ruff discovered the loss when she went to her box to retrieve important paperwork she needed because her husband was dying. Those papers had been shredded.
And that's not all. Her great-grandmother's precious natural pearls and other jewelry had been auctioned off. They were sold for just $1,800, even though they were appraised for $82,500.
"These things were things that she gave to me," Ruff said. "I valued them because I loved her."
Bank of America told ABC News it deeply regrets the situation and appreciates the difficulty of what Mrs. Ruff was going through. The bank has reached a settlement with Ruff and continues to update its unclaimed property procedures as laws change
Owner Unknown
Same technique is used to pull you over..
Salvage |
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ShadowDancer
User ID: 287857
11/5/2009 12:24 PM
 | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
passports, silver, gold, coins, value, cash, ammo, and guns...any documents...best to get all of value now if not already done-I just warned some relatives to make sure their stuff was out...
*************************************
"But I don't want to go among mad people," Alice remarked.
"Oh, you can't help that," said the Cat: "we're all mad here. I'm mad. You're mad."
"How do you know I'm mad?" said Alice.
"You must be," said the Cat, "or you wouldn't have come here."
~Alice's Adventures in Wonderland
There is little gain in attempting to change external conditions, you must first change the core of inner beliefs, naturally outer conditions will change accordingly.
BECOME it to achieve it.
Wisdom strengthened the wise more than ten mighty men which are in the city. Ecclesiastes 7:19
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Does the shadow appear to be growing darker? The light that is casting shadows is becoming much brighter; in utter darkness it is luminous. |
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lillie8
User ID: 757721
11/5/2009 12:29 PM
 | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Why would you continue to keep a checking account at the bank that stole from you? Is the subject of the article demented?
The article claims the person still has a checking account at the bank. Curious.
Big girls need BIG guns. |
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ShadowDancer
User ID: 287857
11/5/2009 12:29 PM
| | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
bank account is registered to the ALL CAPS name which is intellectual property of the STATE / CROWN.
Try and open a bank account with your lawful Christian name. You can't.
JOHN DOE = gov't controlled entity,
John-Joeseph: Doe is the proper way to lawful hold your property but the gov't can't touch it or legalize it.
Now you know all your property already belongs to the state. You are using the name & number of the BEAST (federal gov't) coming soon microchips (the mark).
*************************************
"But I don't want to go among mad people," Alice remarked.
"Oh, you can't help that," said the Cat: "we're all mad here. I'm mad. You're mad."
"How do you know I'm mad?" said Alice.
"You must be," said the Cat, "or you wouldn't have come here."
~Alice's Adventures in Wonderland
There is little gain in attempting to change external conditions, you must first change the core of inner beliefs, naturally outer conditions will change accordingly.
BECOME it to achieve it.
Wisdom strengthened the wise more than ten mighty men which are in the city. Ecclesiastes 7:19
+++++++++++++++++++++++++++++++++++++++
Does the shadow appear to be growing darker? The light that is casting shadows is becoming much brighter; in utter darkness it is luminous. |
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Anonymous Coward
User ID: 519048
11/5/2009 12:49 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Don't they say all the new things start in CA first?
Get ready for a 10% surcharge on your taxes... |
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Anonymous Coward
User ID: 778753
11/5/2009 12:49 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
www.missingmoney.com
To find out if you have a claim. Let's you file your claim, too and it's free. Cool! |
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Anonymous Coward
User ID: 810989
11/5/2009 12:51 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
push, push, shove, shove, poke, poke...
what's it going to take? |
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Anonymous Coward
User ID: 178947
11/5/2009 1:09 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
push, push, shove, shove, poke, poke...
what's it going to take? Quoting: Anonymous Coward 810989
A kick and cattle-prod into the waiting boxcar. |
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Anonymous Coward
User ID: 811044
11/5/2009 1:10 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Heres a genius idea; If you're rich enough to need a safety deposit box, BUY A FUCKING SAFE. |
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Pleeb
User ID: 791938
11/5/2009 1:14 PM
 | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Old news OP; Cali has been doing this for quite a while now.
Pleeb: a minion, level entry position, slave
Attention: The moon is CRASHING into the earth!
[link to www.godlikeproductions.com] |
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Resister 
In God we trust
User ID: 625292
11/5/2009 1:22 PM
 | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Wow. [link to abcnews.go.com]
We need to get this out to all our favorite news/talk shows of every stripe asap.
"God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787 |
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mathetes
User ID: 793782
11/5/2009 1:25 PM
 | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Quoting: Anonymous Coward 746244
If anyone really needs a Safety deposit box...get one at a casino,no questions asked,open 24/7 with better security than a bank
"The precept of the Koran is, perpetual war against all who deny, that Mahomet is the prophet of God.
The command to propagate the Moslem creed by the sword is always obligatory.
John Quincy Adams |
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FYI
User ID: 811059
11/5/2009 1:26 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
During a National Emergency military personnel are allowed to thieve stuff out of storage units for their purpose.
Clinton signed that one into law. |
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anonymous
User ID: 811011
11/5/2009 1:26 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
your assets can be siezed to pay off back taxes if irs has a judgement against you..child support leins and personal judgements against you from creditors.. safe deposit boxes are great for people who are """"financially solvent"""... and do not have liens or judgments. . inportant original documents and papers are prolly safe in there.. ask your lawyer .. |
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anonymous
User ID: 811011
11/5/2009 1:30 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
your assets can be siezed to pay off back taxes if irs has a judgement against you..child support leins and personal judgements against you from creditors.. safe deposit boxes are great for people who are """"financially solvent"""... and do not have liens or judgments. . inportant original documents and papers are prolly safe in there.. ask your lawyer .. Quoting: anonymous 811011
PS Guns are not allowed to be stored on fed bank property safe deposit boxes.. bringing a gun into the bank in a purse or jacket pocket is a felony . lock it in your car.. no guns allowed in safety deposit boxes.. federal law.............. |
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Anonymous Coward
User ID: 752822
11/5/2009 1:32 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
bank account is registered to the ALL CAPS name which is intellectual property of the STATE / CROWN.
Try and open a bank account with your lawful Christian name. You can't.
JOHN DOE = gov't controlled entity,
John-Joeseph: Doe is the proper way to lawful hold your property but the gov't can't touch it or legalize it.
Now you know all your property already belongs to the state. You are using the name & number of the BEAST (federal gov't) coming soon microchips (the mark). Quoting: ShadowDancer
can you explain this? |
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Anonymous Coward
User ID: 811065
11/5/2009 1:33 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
It’s not only the safety deposit boxes but savings account too. If you have a savings account and there is no activity on the account, they will send it to the state. I have on line banking, I went on line to check my checking account one day and my savings account was gone. I called them and ask where my savings account was. They couldn’t tell me at first the bank lady started asking me questions about the account. This is not rocket science. If I have the account number they should be able to tell me something. I was thinking WTF! They called me back and said it was there but was inactive. The same thing happen to my father-in-law, he had to go to the bank in sign papers to get it back from the state. If you fail to do things right weather it's the bank or the Will the state automatically gets it! What you don’t know can cost you. The bank is not going to look after you, remember that! |
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Anonymous Coward
User ID: 808006
11/5/2009 1:41 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Im gonna start keeping my money somewhere else besides a bank, be safer. |
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Anonymous Coward
User ID: 808006
11/5/2009 1:42 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Isnt that theft? I mean they come in and steal your things without your permission, can you not press charges against them? |
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TPTB
User ID: 811072
11/5/2009 1:43 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
All your safe deposit boxes belong to us! |
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Sabrina
User ID: 747992
11/5/2009 1:46 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
I keep my money in the mattress and my gold in the safety deposit boxes. |
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Anonymous Coward
User ID: 811065
11/5/2009 1:48 PM | | Re: BREAKING! The STATES ARE CLAIMING SAFETY DEPOSIT BOXES TO PAY THE BUDGET! | Quote |
Im gonna start keeping my money somewhere else besides a bank, be safer. Quoting: Anonymous Coward 808006
You mean your cash? Cash will soon be obsolete. You will be saving worthless paper |
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