Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

TeamPooka

(25,577 posts)

14. My theory is this: Cannabis shops are legal in CA and have been for years, but they are not allowed

Reply to left-of-center2012 (Original post)

Sat Nov 24, 2018, 03:00 PM

Nov 2018

to deposit that money in a bank because of federal banking laws and they stockpile cash, sometimes for years.

A lawyer was used to contact the buyers of the unit so this wasn't the mob/cartel etc.
They would not have used a lawyer to retrieve the money.

This was a business mistake by a large cannabis dispensary in CA.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

34 replies

= new reply since forum marked as read

Highlight:

Buyer finds $7.5 million in cash inside Southern California storage unit [View all] left-of-center2012 Nov 2018 OP

Breaking Bad meets Storage Wars? - n/t lapfog_1 Nov 2018 #1

Yikes. Who stores millions of dollars in cash MontanaMama Nov 2018 #2

A storage unit that they didn't pay for.... Horse with no Name Nov 2018 #3

That occurred to me too MiniMe Nov 2018 #13

Walter White? Initech Nov 2018 #25

The buyer probably made the right decision. That kind of money in cash in a storage... brush Nov 2018 #4

My first thought ... left-of-center2012 Nov 2018 #5

Yep, and somebody just got out of jail and found out his locker was sold. brush Nov 2018 #7

And probably Blood Money. nt Ilsa Nov 2018 #9

We had a friend years ago lose a storage shed Horse with no Name Nov 2018 #6

Legally the money belonged to the unit buyer but you know someone was going to... brush Nov 2018 #8

Yep left-of-center2012 Nov 2018 #10

Someone who was most likely in prison lol Horse with no Name Nov 2018 #15

$7.5 million in a safe in a storage locker. Blue_true Nov 2018 #19

And herein lies a lesson: Ilsa Nov 2018 #11

the "telling" in this case, would have been before the buyer became a millionaire. uncle ray Nov 2018 #12

Very true. Ilsa Nov 2018 #16

Usually they get to look inside the units before they bid csziggy Nov 2018 #21

My theory is this: Cannabis shops are legal in CA and have been for years, but they are not allowed TeamPooka Nov 2018 #14

I wouldn't be surprised if drug dealers have a Ilsa Nov 2018 #17

Maybe, but even gangstas know when to use lawyers so as not to go right back to prison. brush Nov 2018 #18

I grew up in a "mob town" in the1960s left-of-center2012 Nov 2018 #20

It 2018, not all cash vaults are held by mobsters. There are hundreds of such businesses in Cali TeamPooka Nov 2018 #22

"not all cash vaults are held by mobsters" left-of-center2012 Nov 2018 #23

That is the most reasonable explanation I've heard yet. Adsos Letter Nov 2018 #28

No. Banks cannot allow these funds in their bank in any way. as a deposit or a hiding place TeamPooka Nov 2018 #29

$7.5 million abandoned? I'd have called the FBI. Talitha Nov 2018 #24

Not enough details to verify story. Suspicious. Sneederbunk Nov 2018 #26

Too bad Jarrod and Brandi didn't get that one Awsi Dooger Nov 2018 #27

Big safe JDC Nov 2018 #30

Its money you can't put in a bank or otherwise w/o drawing attn. to oneself Historic NY Nov 2018 #31

That show is a scam sarah FAILIN Nov 2018 #32

An interesting story. Maybe too good to be true. elocs Nov 2018 #33

Be Sure to Tune in on the New Season of Storage Wars! MineralMan Nov 2018 #34