Dirty crook steals millions stashed in garden
January 30, 2009 by Charlie WalkerPosted in: In this week's e-Newsletter, Latest News & Views, Procurement fraud, Purchasing decisions, Uncategorized
There are plenty of people who steer clear of saving in banks because the interest rate is too low.
You’ve surely also heard people complain they don’t trust banks or other institutions for keeping their money.
In this case, the person should’ve shown a little more faith.
Here’s why: An 80-year-old Japanese businessman stashed cash for over four decades — a total of $4 million.
He kept a container buried in his garden, which he’d periodically dig up, make a deposit, and re-bury.
Then, one morning last October, he noticed there had been a disturbance in his yard, like someone had been digging around. Upon investigation, he realized the cash had been swiped.
The businessman died two months later, making it difficult for authorities to piece the picture together until recently.
In addition to the low interest rates, a police official said they learned the man also feared house fires and earthquakes.
Under the mattress, in the garden — it just goes to show you that the best place to keep your money is in the bank.
Tags: banks, interest rate

