Are you legally allowed to keep money you find that someone else lost? - Page 2 - Politics Forum.org | PoFo

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Crime and prevention thereof. Loopholes, grey areas and the letter of the law.
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#14964430
I think you can keep the money without being charged and it's really cumbersome to report it to the police unless it's worth more than hundred thousand dollars. But I got my money back that I dropped in a university dorm in Australia, where this kind of good behaviour is least expected. Someone found it at the reception just after I left.
#14967593
I think most American jurisdictions place a burden upon the finder to make a good-faith attempt to identify the owner of found property (including cash) before keeping it for yourself. For significant sums of money, the police may have to be involved, depending on local law.

Note that keeping lost property isn't necessarily a criminal matter (although it could be in some places, I imagine) - it's more likely civil. If the true owner can show that he merely lost his property, rather than abandoned it, he or she can come back and sue you to recover it.
#15043596
Agent Steel wrote:I know. I'm asking about legality, not ethics.

in UK you are required by law to hand the money to the owner if you can find hem/her or to a police station. It is an offence to keep it called - Stealing By Finding.
I was in New York with my Granddaughter she left $2000 cash on the back seat of a Yellow Cab - JFK to Brooklyn - she was literally sick. 2 hours later the Cab Driver, a very nice Muslim guy, turned up at the Hotel with the cash. Ny granddaughters smile was as big as Brooklyn Bridge. Thanks to that Cab Driver. (PS, we had no record or proof we left it in his cab, i/e we could not find him or name him as we paid in cash) It was his total honesty that saved my granddaughters holiday in New York.
I always put the boot on my foot when I find money... I imagine someone finding my cash and what I would like them to do.

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