New Meaning to 'Money to Burn'

Discussion in 'Finance' started by Saifudeen, Jul 27, 2012.

  1. Saifudeen

    Saifudeen New Member

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    Wife burns $15,000 hidden in oven

    A SYDNEY man who hid $15,000 in cash in his oven has told of his torment after his wife unknowingly burned the cash while cooking a snack.

    The Merrylands father thought the money - from the sale of a car over the weekend - would be safe in the oven, believing his wife did not use it.

    He said he was too embarrassed about the incident to have his identity made public.

    His distraught wife said she was in tears when she told her husband what had happened. "I struggled to breathe, I said 'I burnt the money, I burnt the money'," she said.

    The man had intended to make a mortgage payment with the money. He is talking to his bank in an effort to have the damaged money replaced.

    "It was everything I had," he told Ninemsn.

    "That money was supposed to go towards my mortgage. I had a call from Westpac on Tuesday asking me when I would pay because I missed a payment on Monday. I told them 'I'll pay tomorrow' but then the money was burnt'."

    A spokesman for Westpac said: "We will do whatever we can do within the guidelines to accept the damaged cash."

    [​IMG] news.com.au

    I can't even imagine how they must feel. :/
     
  2. Makedde

    Makedde New Member Past Donor

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    He's an idiot for hiding the money in the oven. And I don't think the bank should give him back that money either.
     
  3. Panzerkampfwagen

    Panzerkampfwagen New Member

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    Sorry, the RBA gets to make that decision.

    If less than 20% of the note is missing you get 100% of the face value.
    If more than 80% is missing you get nothing.
    Between 20% and 80% you get the face value minus whatever % is missing.
     
  4. Foolardi

    Foolardi Well-Known Member Past Donor

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    Like how do you know that.Like why.
    I mean,it's like askin' around why George Washington doesn't show any teeth
    in his greenback portrait.
     

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