Experience News in a New Way

Homeless man finds $77,000 in park, gets to keep it

Homeless people often only get dirty looks or spare change. But occasionally, they get lucky.

Take Timothy Yost. In a Bastrop park earlier this year, he stumbled upon a soggy stash of over $75,000 worth of cash and gold coins.

Yost brought the money to the bank to make a trade for dry bills, but they called the cops.

“We tested the money to see if it had been in contact with any illegal substances,” says Bastrop Police Chief Michael Blake.

A six month investigation turned-up one person who claimed to be the rightful owner. But according to Chief Blake, that person rescinded his claim and signed a statement saying he ‘does not wish to pursue claim to the funds any longer.”


Anyway, the Bastrop City Council ultimately voted unanimously to let Yost keep the dough.

He’ll pick it up as soon as he gets out of county jail for public intoxication and criminal trespassing.


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This entry was posted on June 13, 2012 by in Politics Unusual.

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