Large Amount of Cash Found

Sheriff Dept. Looking For Owner

By Michael Armijo

Rowland Heights, CA –A large amount of money that was found in Rowland Heights and turned into the Walnut Diamond Bar Sheriff Station is looking for it’s owner. And if no one come forward, the Sheriff’s Department will deposit it into an account unless the finder makes a claim.

“A resident found the large amount of money and turned it into us, so we are currently looking for the owner,” said Detective Blaylock, from the Rowland Heights substation. “They have 30 days to recover the money, and we will not be releasing the amount, the location, nor the denominations of course. The owner will know those facts.”

The process of unclaimed money is the owner has 30 days to claim the money to get it back. After the 30 days, the FINDER can make a claim to the money. But what if you DON’T report the money?

So what’s the law?

Until now, laws around keeping found cash has been pretty hazy. Technically, the crime is known as ‘theft by finding’.  This means that if you find a wad of cash on the street and don’t try to return it to its owner – by handing it into the shop, for example, or the police – you’re guilty of theft.

What if there’s no way of knowing where it came from?

You should try and find the owner – even if it’s only $5. This is where it gets a little bit more complicated…

Daniel Wise, associate solicitor at Slater Heelis LLP, told Metro.co.uk that not reporting this money is ‘theft’. ‘There are many cases will no doubt come as a surprise to many people, but it serves as a timely reminder of the definition of “theft” – which has remained largely unchanged for almost 50 years,’ he said.

‘Under the Theft Act 1968, a person is guilty of theft if they “dishonestly appropriate property [including cash] belonging to another”.

‘Lost property will continue to “belong to another”, unless it has genuinely been abandoned by the owner. The fact that cash has been dropped in the street does not necessarily mean it has been abandoned.’

However, he adds that in the end it’s down to whether you could reasonably believe the owner of the cash was untraceable, or you had already taken reasonable steps to find them – such as by going to the police.
But for now, a large amount of money is sitting in the Sheriff’s Department looking for it’s owner. If you are, or know of the owner, please contact Det. Blaylock at the Sheriff Sub Station: 626.913.1715, directly: 909.859.2838, email: tblaylo@lasd.org, or go to the Walnut Station located at 21695 Valley Blvd, Walnut, CA 91789.