Buyer finds $7.5 million in cash in auctioned Southern California storage unit

Now this was a serious find for sure. My question is "who" would keep 7.5 million in CASH in a storage unit? Of course I assume probably somebody you don't want to mess with and that is why they gave most of it back.

I am actually shocked that an LE agency didn't move in and confiscate it under forfeiture laws.


www.desertsun.com...

‘there was a safe in the unit. The first guy couldn’t open it, so they called a second guy and there was $7.5 million,’ and I say ‘$7.5 million?’ and she says, ‘Cash.’”

Dotson said when the original owners of the storage unit found out that their storage locker sold, they had their attorney contact the new owner to negotiate a deal to reclaim the money. The attorney originally offered the new unit owner $600,000 of the $7.5 million, but they eventually agreed to keep $1.2 million and return the rest.

Dotson and his wife Laura recounted the story in a YouTube video they posted on Nov. 7. On the video, Laura Dotson asks viewers what they would have done with the money.

One of those times where it’s best to not say anything. Safe? There wasn’t any safe in there...

a reply to: underwerks

Yep. You never know who might come looking for it, and we dont rely on the mercy of potential or actual criminals.

Besides when these storage units are auctioned off it is for the contents regardless of what it is.

Probably cartel, it was probably used as a drop site.

Lucky they gave him any money, the biggest gift would be his own life.

a reply to: infolurker

sounds like a good deal.

keep 1.2 mill and give the rest back but know youre in the clear and nobody is going to come looking.

i can live with that

a reply to: infolurker

I don’t understand why the new owner said anything! I mean just keep your mouth shut and keep your day job. Don’t buy anything too fancy in your state and BOOM, your good.
Super awesome man cave/bug out cave here I come!

This kinda crazy.

I wonder if it's even real?

I mean how were people who had 7mill in a storage locker unable to make payments on that locker.

It says the owners found out AFTER the locker was bought?

Why didn't they get a notice of over due storage bill before this?

No one just forgets to pay on a locker that has 7mill in it. Not unless you have much more than that in the bank.

Dude if my storage locker with 7mill was locked up because I missed a payment you can bet I would brake into that locker the next night and get my money out.

originally posted by: Allaroundyou
I don’t understand why the new owner said anything! I mean just keep your mouth shut and keep your day job. Don’t buy anything too fancy in your state and BOOM, your good.

That was my first thought, but the quote in the OP shows that the original owners had tracked them down.

lets hope buyers put it in the bank for a few months, while they sorted out a deal.
they would have made a few thousand dollars in interests JUST having it sit in a bank!

im assuming, the original owners overlooked the interest, so its a big bonus.

the original owners are criminals or eccentrics or both. either way smart of them to dump it back to them, even keeping 1.2 million, if they are full on criminals, is a dangerous affair.

YUUUP!

Seriously, I would've settled for "Please don't kill me. Just cover my cost on the locker and we'll forget the whole thing."

Doubled Up on the 'ransom' Welcome to the new 'Merica...

And the attorney sued them after breaking His/Her ankle right after signing the paperwork...

Oh, a video.

a reply to: DISRAELI

Oops I made a booboo. I must have got lost in my typing venture and forgot about that part.

originally posted by: Allaroundyou
a reply to: infolurker

I don’t understand why the new owner said anything! I mean just keep your mouth shut and keep your day job. Don’t buy anything too fancy in your state and BOOM, your good.
Super awesome man cave/bug out cave here I come!

show up at the local bank with wads of cash and eventually they'll notify the IRS and The Man will be knocking on your door asking where all that money come from.

yes, if that's Sal and Vinnie's money, might not want to hold on to it to tight

It all seems kind of suspicious to me. Sounds like some kind of money laundering scheme. Though I dunno if it's a good one. $7.5 million sitting in an auctioned off storage locker, the owner found out only after it was sold, they made a deal to have the money returned, suddenly the original owners have $6.3 million with a legal paper trail and it only cost them $1.2 million. It doesn't matter where it came from originally any more.

originally posted by: ElGoobero

originally posted by: Allaroundyou
a reply to: infolurker

I don’t understand why the new owner said anything! I mean just keep your mouth shut and keep your day job. Don’t buy anything too fancy in your state and BOOM, your good.
Super awesome man cave/bug out cave here I come!

show up at the local bank with wads of cash and eventually they'll notify the IRS and The Man will be knocking on your door asking where all that money come from.

yes, if that's Sal and Vinnie's money, might not want to hold on to it to tight

7.5 mil would only take about 5 years to wash clean. You will loose about 500k in doing so but wouldn't be that hard to make it happen. I am no gambler but a casino can be your friend......

Wow, why do these things happen to dumb people?

Let me find something like this. I would enjoy every dollar and no one would know.

a reply to: tadaman

It'd make a great screenplay for a new series of Fargo.

Depends on the paper trail you left yourself while buying the storage unit.

If the attorney from the previous owner was able to find out, the mobsters (if so) know where you live. Better to settle with the 1.2 million in that case, to not get kidnapped in the middle of the night, tortured and in the end, killed.

Starting a war with such a gang isn´t going to go well in most cases. It´s better to negotiate in that situation IMHO although pride and right and all that...