Laundering money.

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gordonartist
Posts: 434
Joined: Wed Apr 05, 2006 11:55 pm

Laundering money.

Post by gordonartist »

ABC Sydney.

Pensioner's 'worthless' banknotes block sewers

A German pensioner flushed bundles of old banknotes worth a small fortune down the toilet because he thought they were now worthless.

"He flushed the cash down the loo because he didn't think it was worth anything," said police spokesman Uwe Voigt.

Police said he dumped some 60,000 deutschemarks - which the euro replaced in 2002 - into the bowl, unaware they could still be exchanged for about 30,000 euros ($49,785).

Sewage workers recovered about half the sodden currency from the 64-year-old's plumbing.

The remaining notes created a bottleneck in local sewers, where most were fished out.

"There may have been more cash that got away," said Mr Voigt.

Police said the man lived in "spartan" circumstances and had dried out the notes and taken them to a bank.

It was unclear if he had laundered the money first.

Take care.

Gordon.
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chrisb84uk
Posts: 11634
Joined: Wed Aug 10, 2005 6:29 am

Laundering money.

Post by chrisb84uk »

Wow what a story. Imagine how he must have felt when he found out that he just flushed $50,000 down the loo. Bet he feels like a right prat now.
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