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Mezuzas
May 13th, 2008, 12:05 PM
http://abcnews.go.com/GMA/story?id=4832471&page=1

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.

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."

Lots more at link. Three page long article. Long read, but important info I think. As governments fall more and more into debt, this may become common. They can seize your property at anytime and in the future may not even have to answer questions about it. Kind of like how the Nazis legally stole the Jews property before hauling them off to death camps.

Bank of America is the bank she uses. The same bank that gives illegal alien invaders bank accounts and credit cards.

So, in California and other states, your safe deposit box can be seized and the contents stolen- all legally- and not much you can do about it. Your stuff is gone.

lyngraphics
May 13th, 2008, 12:31 PM
This is so sad!

HSmomto4
May 13th, 2008, 12:59 PM
This doesn't make me sad, it makes me MAD!!!! How in the world can they get away with this???

writersmom
May 13th, 2008, 01:02 PM
Unbelievable.

SummerSailing81
May 13th, 2008, 01:17 PM
All areas of our government - local, state, federal - are getting creative on how to get more money out of us. Glenn Beck was talking to a state legislator from Massachusetts last night and they found out Harvard has over a billion dollars socked away in private endowments and as the State of Mass is facing a huge budget deficit, they're talking about taxing these private endowments to raise more money for the politicians to squander. I wouldn't put anything past the government because they will do whatever is necessary to feed their insatiable lust for money - money that they give no accounting for and waste in the most asinine ways you could possibly think of. Back in the 80s it made the news when some Einstein in the government paid $800 for a $10 wrench! Yes, America this is how the government wastes our hard-earned money and then comes back to bleed even more money out of us.

Mezuzas
May 13th, 2008, 01:21 PM
Reading the comments there have been numerous cases of this happening. One guy had come back to the box 3 months after he last been there and his life savings was gone!

SummerSailing81
May 13th, 2008, 01:30 PM
I'm beginning to seriously believe the only place our valuables are safe from criminals and the government is under our mattresses.

lyngraphics
May 13th, 2008, 01:38 PM
I am seriously starting to believe that putting our money and valuables under our mattresses is the safest place for them. Most criminals now days are too lazy to lift up the mattress so they probably wouldn't find them there.

Get a safe! A big one! :thumb

Have you ever seen "It takes a Thief?" A good thief will find your valuables hidden, even in strange places! (By the way, I know you were half joking!)

Barachem
May 13th, 2008, 01:38 PM
Not only sad, but criminal as well.
The state is milking its own citizens for money and doesn't give a dime.
How atrocious, mean, vile and evil.
God have mercy on the people who devise such evil schemes.

Issachar
May 13th, 2008, 02:04 PM
I didn't read the article but saw the exact same report on the news the other day. It said that Maryland's third largest source of revenue was through the taking of stuff in safe deposit boxes.

This is what I thought of when I saw it on the news ....
Matthew 6:
19 *śLay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
20 *But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:
21 *For where your treasure is, there will your heart be also.

Issachar