Q&A

What if you found a suitcase full of money what would you do?

What if you found a suitcase full of money what would you do?

What to Do If You Find Money. If you find money, especially a significant amount, you should check your local laws or contact an attorney or the police. If a law requires that you turn over money you have found to the police and you do not do so, you could be charged with larceny or theft.

How much space would 1 million dollars take?

One million dollars = $1,000,000 1,000,000 / 100 = 10,000 That is the number of 100 dollar bills you need to have 1 million dollars. Multiply that by 1,000,000 and you get 68,909 cubic inches of dollar bills, or 5,472.4 cubic feet. A dollar bill’s dimensions are 2.61 in x 6.14 in x 0.0043 in.

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How much does $1 million in $1 bills weigh?

approximately 2,200 pounds
So, a million one dollar bills weighs approximately 2,200 pounds, which is 1.1 tons (997 kg).

Do stores report large cash purchases?

Federal law requires businesses to report cash payments of more than $10,000. Most, but not all, businesses are subject to this requirement. You must file Form 8300 within 15 days after receiving the payment.

What was in the bag with $1 million inside?

It was in two bags and the total was close to $1 million,” Moser said. Within the two larger bags were smaller ones, each containing some information on where the money should have been deposited. “Inside of the bag, there were plastic baggies and they were addressed with something that said ‘cash vault,'” Emily Schantz told CNN affiliate WTVR.

What should I do if someone claims to have dropped money?

There is always the risk that someone will say they dropped the money just to be able to claim it. In those kinds of situations, you have to use your own judgment about whether the person claiming the money is being truthful. If the money is in a wallet, you should check for ID.

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What do you do if you find a lot of money?

These laws usually require that a person who finds money, especially larger amounts (for example $100 or more), turn it over to the local police. If no one claims it after a certain period of time, the police can then give it to the finder to keep.

What happens if no one claims a stolen car?

If no one claims it after a certain period of time, the police can then give it to the finder to keep. Some communities may have different laws and some have none.