Honest cabby turns in backpack stuffed with $187,000 in cash to police, who reunite it with owner

That's a lot of cash

Boston Police report that when a man who got into a cab at Mass. Ave. and Tremont Street Friday afternoon left his backpack behind, the driver opened it up to see if there was any ID inside.

There was $187,000 in cash in it.

Police say the driver drove down to BPD headquarters and handed in the backpack. And not long after, police say, a man called in to report his backpack and money missing.

When the owner of the property arrived, he provided proof of ownership and, thanks to the upstanding, honest hackney driver, was reunited with his backpack and money.

Police did not say why the man was walking around with $187,000 in cash or whether they made any suggestions on how to apply for a checking account.

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bank deposit?

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from a business? Investment firm or other financial institution. Car dealership that sold a few Porsches?

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How often?

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How often do you have to walk around with nearly $200k in cash in a backpack to accidentally leave it in a cab?

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Hidden in plain sight

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I was briefly a messenger for a jewelry store. Most of the time I didn't really see what I had. It was in envelopes usually. Often, the best and safest way to carry some valuable stuff is to be really mundane and clueless about it. The store was mostly concerned about whether I could be bonded.

But that is a lot of scratch. The fact that he provided proof of ownership probably also provided a rationale for why he was carrying it around in the first place. All's well that ends well.

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Yup

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We have an offsite at my work that charges cash and uses a simple cashbox. At the end of the shift, whoever's in charge that day has to run a locking cash bag back to the main site and put the cash bag in the safe. Usually, the cash is transported by some 20-something college kid who stuffs it in his or her backpack before leaving.

Thankfully, it's never more than a few hundred dollars. But traveling from the offsite office to the parking lot involves walking through a local park known for shady goings-ons, and I could absolutely see someone getting mugged and people saying, "But why was a 20 year old carrying $700 in cash in her backpack? She must have been up to no good."

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You never know ...

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... when you'll be walking around the Back Bay and feel like going halfsies on a parking space.

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Yeah

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That's my question too. I wanna know why in the world you would walk around with that much cash in your bag.

There's more to this than meets the eye. You don't walk around with that much cash on you..

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man

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Tangent, but: I always marvel at some of the prose on Wikipedia articles. "On December 5, 2004, Brandi Bragg, 17, was found dead on the property of a male friend after being reported missing on December 9". Wait, what?

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Buying a House

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That is one transaction where cash means cash. Or could.

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The Boston Globe has yet more

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The Boston Globe has yet more details, some of which conflict with Boston.com. The Globe is saying the man was homeless, left the bag in the cab while he ran an errand, then forgot to come back. In the Globe, the police tracked the guy down to a hotel.

If the man was indeed homeless, a $100 reward is more understandable.

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Does he inherit from a trust every day?

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Let's say that's the truth. If I inherit $200K and ask for it in $20 bills, it would be a first. I would be headed to deposit it somewhere. It would be all I could think about to the point that I might even leave my phone or wallet somewhere because my focus was entirely on that bag of money on my back.

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deposit?

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If you're homeless, you may have a hard time opening a bank account.

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Maybe so

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Still doesn't answer how you could be so distracted leaving a cab as to forget you had the solution to all your problems (or the cause of many more) on your back.

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Ask for it

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in golden dollars and swim in it like Scrooge McDuck!

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Totally agree

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That was my thought, too. $100 on $187,000? That's a meal at a moderately nice restaurant in exchange for a life changing amount of money. I'd have given him $1000, anyway.

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Right. Because of course everyone deserves a cut

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Let's say the guy had a 200k painting he just bought at an auction and he left it in the back of a cab. Does the cabbie deserve a thousand bucks then as well, or is it only when there's a literal pile of cash that the metaphorical fingers start to get sticky?

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The $100 is even less when

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The $100 is even less when you consider the fares the cab driver lost while he was running the money over to the police, answering questions, etc. They guy didn't even pay his own fare, at least initially. The cab driver could conceivably have a net loss when all was said and done.

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How do you get your hands on $187,000. in cash?

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That's not at all easy, even if it's your money. I worked as a head teller at various branches of a well known bank downtown and the Back Bay. The ONLY people who liked large amounts of cash were certain foreigners, some Asians in particular. I had a regular elderly women who appeared homeless who had almost 1 million $ in a savings account. Most people who withdraw large amounts get a cashier or certified check. The whole thing raises red flags.

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And yet ...

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The police, whose lives revolve around red flags, didn't seem concerned.

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$50 says he's white

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Otherwise, Commonwealth of Massachusetts v. $187,000 would already be on the books.

Asset seizure law is crazy. If there's no claim against the money as being suspected in a crime, there must be some extenuating circumstance. My guess is in the title.

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Some questions answered.

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According to the Globe, the money was a recent inheritance from the man's parents. The heir is a homeless, recently-recovered addict. He tried cashing it at a bank, but has no ID and shitty credit. Thus, his only option was to go to a check cashing store, and take cash.

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SOMEWHERE IN CANCUN

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ring,ring,ring,ring:hello who's this,oh hi i am looking for a taxi cab driver who drive to me somewhere,oh sorry his wife is looking for him to,passenger oh noooooo,anyway i can't reach him,well nooooo.sounds like Ricki Martin LIVING LA VIDA LOCA.

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Why the sudden suspicion over

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Why the sudden suspicion over this incident ? This isn't the first time a fortune was forgotten in a taxi and then recovered. The last time I can recall offhand was the Korean businessman who left behind a heap of cash in Dorchester a few years ago and was not suspected of any wrongdoing.

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