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Turns out safe deposit boxes are not as safe as you might think. http://www.lehtoslaw.com
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Perfect crime for banks. Inventory boxes, watch frequency of visits to boxes, empty boxes with absent owners. No cameras, no crime. Perfect crime.
See what happens when you put Milo and Wolfy in a SDP? Gone….
Safe Deposit Box Insurance is available but it is not know to Banks.
I can secure my own items much better than any bank can. I can hide a safe in my home soo well that it would never be found unless ground penetration devices were used and this is not something that is hard to build by the average person. Why would I ever place anything of value in a place where I have to be granted permission to get to it and only during certain hours? Then you have to sign away any responsibility from the bank so they have the ability to drill out the lock even by mistake and get away with it. It’s a wonder anyone with half a brain would put a dime in a safety deposit box! It’s more secure in a water proof pvc glued cap ends tube buried in the back yard under a concrete bird bath! Great story.
Seems a person can’t win for losing. Store your contents at a bank’s safety deposit box and it gets emptied by mistake. Store your contents at home and you can be robbed. Transport your stuff over the highways to another place and police pull you over and do a civil asset forfeiture.
Ain’t that the truth!!! Hahahahahahahaha
Bury the valuables in the wilderness, keep a secret map to them.
just nuts really
Horology is the study of watches. Pimpology is the other one.
In reference to the 5 watches that weren’t his, well the people that stole the watches felt guilty, so they replaced them with their own cheap knockoffs. 😄
We all know how well Wells Fargo can be trusted. We just don’t know how many credit cards we have with them. 😉
Horology partly from Greek word hora meaning time, like horoscope.
Also liens can be put on deposit boxes. If you have a judgment against you for say credit card debt. If you think you are being sly by keeping a minimal balance in checking and savings that the credit card companies can seize and keeping more cash in the box. They can take whats in the box or at minimum restrict your access to the box until the debt is settled.
But wouldn’t the creditors have to know about the EXISTENCE of the box? What if you have a box in a podunk bank in the middle of nowhere?
Having a box is usually tied to an existing account. If the creditor’s know about the account they know about the box. Found this out the hard way. Maybe you can just get a box with no account in a smaller bank.
@thewaitingape “Maybe you can just get a box with no account in a smaller bank.” I’ve always done that.
good to know
I wonder if the employees of that storage facility saw those nice, expensive watches in their vault, took off their own crap watches and swapped them out for a super sweet time piece and that’s where those items the safe-deposit box guy didn’t recognize came from.
I’m thinking I’d want to hurt someone over $10,000,000.00
a fucking 1800s watch with jewels that still sings? and this dumb shit put it in a box outside his care?
They’re called “Safe Deposit Boxes” nor because they’re SAFE, but because they’re IN a safe.
Yes, but those safes are supposed to be SAFE. That’s why they’re called “Safes”.
*FWIW, I have two watches in my collection, which are worth a combined value of $7.75 :-)*
This country is so stupid. How are you gonna take someone’s money in exchange for keeping their stuff safe, if you don’t even have to keep it safe and there’s no consequences if you don’t? I might as well rent a locker at the bus station.
Or bury the valuables in the woods, keep a hidden map to them.
With watches like those, I’d have them in a bolted down, hidden wall or floor safe.
I wonder why corporation like Wells Fargo don’t just quietly settle things like this. They’ve got the money and it seems the negative publicity is worse.