You are right, otherwise every lock would have to be drilled out when the owner doesn't return. There's always lies behind this stuff.Edit: Watch YT:" New twist in case of deposit box theft" (spoiler- its a bank crime)
I worked for a nationwide bank for 20 years. The customer gets 2 keys when they rent the box. The bank does not have any customer keys. The bank has guard keys that have to be used in conjunction with the customer's key. Some banks have gone to 1 key opening. The customer key will open the lock, no guard key needed.
I had a strange experience with my bank almost 20 years ago. I had a safety deposit box there and paid the fee in February for the year. I took the receipt with me. Sometime later, I got a notice saying my fee had not been paid, and my box would be drilled. I took my receipt back to the bank, and they made a copy and said it was all taken care of. Later on, I got another letter. I took that receipt to the bank 4 times to prove the fee had been paid. After the 4th time, they promised me their records were accurate and everything was fine with my box. About a month later, I got another letter telling me my box had been drilled and the contents moved to the downtown branch. To say I was mad was an understatement! I went downtown and picked up my stuff. It had all been inventoried, and everything I remembered appeared to be there. I took my things with me, and on the way out closed out my accounts with that bank for good! To this day I wonder what they were looking for.
Sounds like they were looking for an excuse to go through your stuff. The powers don't want people having secret cash, gold, valuables etc. Thats why it was "inventoried".
Disgusting behaviour by your 1st bank experience. They did not inform the record’s department of head office. Then again it does sound shonky of banks not to guarantee the contents of the boxes. You may as well left it at a police station safe lock-up or in your garden for they have more security than banks do.
This is why you buy a small fireproof safe and imbed it somewhere in your own home. Banks have cameras everywhere. They could find who stole her money.
@@gedeo No it's still not doable. Who's about to pay a team of 4-6 people a year salary, just to find her belongings, just for the possibility of 1 team member falling asleep for 10 seconds during the moment of theft?
@@gedeo Not done, because there won't be a motion to detect lol. No burglar will blatantly walk in front of a camera to go inside her save deposit box. I'm sure during the moment of theft the camera was either turned off, blacked out, or pointed towards the ground. And if the burglary was really clever, the monitor screen will just read "Sucker" 💀💀
Yeah, in that sense, a bog-standard bank account is far safer - there are basic rules about disputing transactions and caps on account-holder liability for fraudulent transactions, and even if the bank fails, the FDIC will back the deposit.
@@hera7409 Well, let's start with the porch thieves. Then there are the phone scammers and the computer scammers. And let's not forget the banks. They invent and charge lots of extra fees to drain your account. Do you have any relatives looking to you for a soft touch? How about scam charities? Even the real charities steal money nowadays. The US Council of Catholic Bishops recently took $500,000 dollars from the Campaign for Human Development and dedicated it to not only supporting abortion on demand, but encouraging the legal requirement that other Catholics do the same despite being officially against abortion. I can't imagine that what us donors had in mind. Have you ever dealt with a general contractor? Do you pay taxes? There are stories of police shaking down lottery winners and jailing them when they run out of money. Everyone wants something for nothing, even me. Let me set up an OnlyFans account so I can take some of your money.
This is telling you how to think. It's anti-corporate -- it's clearly saying that the bank and regulators are knowingly doing this and there are no repercussions.
@Ashura keep the docs in the cloud... lol, and you can encrypt them for security... in the modern age, now need for this 1800s crap with electronic docs, there called .pdfs
as society starts to crumble = no laws and no convictions of criminals. like the defund the police movement across america, we will be living in a modern day jungle. any valuables you have has to be in your own possession. but i see you you figured that out............ good luck
The crazy part is the bank knew before she found out her items were stolen. They have cameras that record bank activity 24/7/365 in HD. Don't tell me they don't know who stole this ladies' stuff!🤨
They may record 24/7/365 but unfortunately footage is only kept for 30 to 60 days. Have you ever tried to watch footage? It's a bitch to find what you're looking for if you don't know when it happened. Regardless, the bank should offer insurance to everyone "included" in the rental price.
It has to be someone really high up. It can't be opened without both the customer and banks key. Someone who has access to the keys the customer is giving had to of made a copy of the keys and had time to put them back. It shouldn't be to hard to figure out who has access to those restricted keys. A standard bank teller can't just go and grab those keys. A bank manager comes with you and unlocks it then leaves the room to give you privacy. There's only a few people in the bank who can pull this off.
@@cgfh8673 If the banks offered insurance everyone would claim they had millions in their boxes and it went missing. The only way it could work is if the banks recorded everything that went into and out of each persons box
@@mirandabri834 naw but he gave me something to think bout cause like he said people sometimes get that false illusions and it happens to the best of us
@@Val-ee4hd u arent forever lying i thought bout that skeleton key thing but i was like ahhhh bank false illusions ill be ok so i thought sneaky little devils
I remember in the 1970’s a lot of boxes were found in a government warehouse that had been there since the depression when the federal government closed down the banks . So the people who owned the contents basically never got it back.
@@vernwallen4246 That's what Woody Guthrie sang: Yes, as through this world I've wandered I've seen lots of funny men; Some will rob you with a six-gun, And some with a fountain pen (They didn't have computers when Woody wrote the song)
I went to a bank to get a safety deposit box and was shocked to see that they were cheap plastic boxes for regular office supplies. I thought...my God, these people must be crazy!! The female clerk reassured me that it was fine and that they had a "camera" to keep them safe. I said NO THANKS!!
@@fronttowardenemy7972 not all of your money should be in one place. Some should be stored away for easy access, some should be invested for the long term and mid term. And you should also have other forms of buying things, like having silver or gold. The idea is that there isn't a single point failure.
@@heedmywarning2792 Silver and Gold aren't for the everyday investors. That's BS media tried to spread to stop people from bankrupting the fat cats at WallStreet during the GME craze. It was a deflection tactic. They even employed 1day accounts to spam in sensitive places about precious metals etc. Don't buy that stuff. Invest in Crypto. Buy Bitcoins and/or Dogecoins.
@@charliepearce8767 You mean like writing it down? Kinda defeats the purpose of hiding something, doesn't it? BTW, ever heard of dementia? Or just getting old? Lots of things used to be buried and were forgotten.
@@colinpovey2904 There are other ways than writing it down Yes i heard of Dementia as my mother sadly died with it not knowing her own family in the end.. And old age....I'm now 60 and well aware of that part of life. Forgetting where you buried something would be a lot less heartbreaking than someone stealing for a bank that you pay for security.
@@charliepearce8767 Sorry about your mom. My mom was developing it too. I am 66, so we are in the same boat. But not only have people forgotten they buried something, sometimes they remember they buried something, but cannot remember WHERE it is buried, or they die or lose their mind, not having told anyone of what is where. None of it good. Best system is put cash in a FDIC insured account, then split valuables up into multiple safe deposit boxes or safes.
My girlfriend's cousin went to her father's box one day to catalog all the paperwork there which included $150K in stocks and bonds because her father was deathly ill. She went back 2 weeks later and it was all gone. When she told the bank officer, she was told to get out. She went to report it but then magically a check showed up in the mail for the $150K minus what might have been the accrued interest. I'll bury my stuff in the yard before I use a Safety Deposit Box.
How difficult would it be to place an inconspicuous camera in the area where the customer opens the box, angled to give a view of its contents? If linked to a phone app, it would be armchair shopping for an inside thief. Also there are automatic lockpicks used by law enforcement and government agents that have been around for decades. You just insert, pull a trigger, and the device cycles through a sequence of notch positions until the lock opens in a few seconds. No skills required. You only need to drill if you're replacing the entire lockset. Opening a lock is easy.
Stocks and bonds these days are not held as simple paper certificates. You can hold them in certificate form, but the company you invested in keeps a record of your ownership. So they can't be stolen just by taking the certificates.
Also: If they advertised that the items were safe and used anywhere in any commercial the word "guarenteed" that could constitute a separate verbal agreement. False advertising as well.
This has happened numerous times. It is rare but it happens. The greater risk is the government seizing your stuff. It's called civil asset forfeiture and it's pretty messed up. The banks are required to report anything that could look remotely suspicious and law enforcement can seize the stuff without even charging you with a crime.
Last Week Tonight with John Oliver(HBO)did an excellent piece on this very subject some time ago. Civil forfeiture is a complete disgrace in a modern America.
the greater risk is some one getting access to your key, I agree that the g'men will seize without court orders but they have to know before hand that there's something to seize-they dont pick a box at random, she knows this person who raided her safe deposit box, she may not know WHO but this some one she knows
I once had several hundred thousand dollars (equivalent) in an overseas box. I found a few thousand missing, and the bank said he was probably missing to begin with (the cash was shrink wrapped but one brick was a bit loose). Wasn't drug money but I let it go, you can't prove them wrong and the vast bulk of my money was still there and I got it out eventually. As for the 'dual lock' safe deposit as another guy says a skilled locksmith can pick them easily.
How do we know who is telling the truth here? She has no proof she put that money in there and the bank has no proof she didn't. That was a dumb move by her to put that money in there, assuming she even did.
@@cooldudicus7668 Maybe, but I talked to a locksmith who works with banks who claims he can pick them. Maybe he's a master locksmith like that guy in PN that could pick even the best combination lock.
This story has been updated. Apparently someone at the bank moved her box to a different location by 'mistake' after another box holder, below this lady's, couldn't get her key to work. She only got $20 k back, which means it was an inside job and somebody got scared and made up the box mistake...who knows, anyway don't keep that much cash in one place...all eggs in one basket sort of thing
@@Bennahr_Fett lol what??? what you mean money isnt actaully there.... like physical cash? you know you can just withdraw cash from your chequing/savings account...
@@kosdsd6524 If every American patron went to the bank and withdrew just $20, less than 25% of those people would actually get their money. It doesn't exist the way you think* it does. The American Dollar retains its value because of foreign markets and we must preserve it. Inflation is killing us.
I forgot about a deposit I had in the BOA. I received a letter saying that I needed to close the account. Upon arrival at the bank, they said there was only $10 left in the account. They had deducted money from my account every year until they notified me. I asked why they didn't send a letter five years before ! No response.
This story is over a year old now. I’d be curious to know what the outcome of the investigation was. It strikes me as really odd that a system that supposedly requires TWO keys to open (one you hold, the other the bank’s), a state ID, and signature match before the box can be opened somehow failed. I have my suspicions here...
I have my suspicions that there was nothing in there. How did they know to target her box out of all the boxes and where did they get the time to go through every box?
There's a followup story about another woman finding some of this woman's belongings in her box and that her box had been moved. Some fishy games are afoot at this bank.
You can show ID and get a replacement key. The lock isn’t replaced; there are dupes of all the keys at the bank. They give you a new one and then order a spare to keep on hand. So, 1 fake ID later, and boom, you're in. Could've been a fam member years ago when IDs were easier to fake. The bank can also move your stuff to a new box. Our small hometown bank was acquired by a big corp bank, and they 'upgraded' all the safety deposit boxes. (Read, inventoried contents and made the standard size smaller so they could rent more boxes in the same amount of space.) We got a letter that you could come in by a certain date, or they'd do it on their own. We went in of course. But if another box holder found this woman's stuff mixed in with her own, someone f'd up big time.
Correction: ...a system that supposedly requires TWO keys FOR YOU to open (one you hold, the other the bank’s), a state ID, and signature match..." It obviously doesn't take any keys for the bank or law enforcement to open.
Why would anyone be responsible for secret things you put in a box? I could say I had $6 million worth of diamonds in my safe deposit box and now they are gone. Are they suppose to give me $6 million? They have no clue what you put in your box.... it's a secret storage. And, the bank probably prohibits cash in a safety deposit box anyway, most do. If you want to put those things in a safe place, just rent a very small storage unit. That way no one has access but you and you can set up a camera in it if you choose.
With over a hundred thousand banks in the country, you're worried about one incident? Do you drive a car? I bet there was an accident somewhere near you today. Does that mean you won't drive your car? Of course not. Are you going to walk across the street even though you know people get hit by cars doing the very same thing every day? Of course not. Unless there's something wrong with you.
I quit safety deposit boxes something over 20 years ago because of events surrounding bank failures. I'm old enough to remember several occasions when banks failed. When this happens the banks are locked up tight and the process of auditing and dissolving the bank begins. During this time you will not get access to your "Safe Deposit Box" for as long as they choose.
One really important question the reporter didn't ask: "Is there anyone else authorized to access your safe deposit box?" If the woman had said, "No, absolutely not!" it would have been a much stronger story. 'Course, if she'd said, "Yes, my (relative)," she might not have had a story at all.
I some how over looked a DMV fee of 35.00. Had no idea about it until I was locked out of my deposit box. The state of california seized my box assets until it was paid. This is the God honest truth.
Poor woman - figures someone like her with her life savings along with irreplaceable sentimental items were stolen by BANK EMPLOYEES. WHO ELSE COULD HAVE DONE IT??!!
Someone she knows very well took her key. I can’t imagine a bank employee would want old photos along with cash. She needs to take a hard look at her family.
@@zacharyschellinger4769 Depends if it was ONLY her box that was robbed or many were. The problem is, the robberies won't be detected until people visit their boxes. To use someone's key, you need to sign in pretending to be her, so there would be a paper trail that she would notice that she didn't visit on a particular date because she rarely visits. Or they need to rent their own box and be left alone in the vault! Plus know how to pick the bank key or the bank key is left there for them to take an impression of or quickly use to open their own lock. Not simple. Also risky.
Easy to pick the locks. Only need time alone. Do they leave people alone in the vault while they deal with the contents of their boxes? Is the bank key left in the lock unattended and thus an imprint can be made, so only one lock needs to be picked? Example of picking a safety deposit box double lock: th-cam.com/video/fQcx8LNF8xk/w-d-xo.html
Brian West my point is a family member could do all of the things you mentioned and have access to the the key negating the need to pick a lock. Secondly we are assuming that this bank actually supervised those visiting the safety deposit boxes. If they’re indemnified from all liability for theft then it doesn’t really matter if they do a good job or not because they can’t be sued. Being that this story was aired on TV had there been a rash of thefts we probably would have heard about it. Most importantly a thief doesn’t want family photos, hence why were they also missing.
They are supposed to change the locks each time a box is turned in. (so previous owner cannot come back later and rob the box) Make sure there is a video made each time you open your box, showing both the bank employee and you. Some banks do not do videos so anyone can make a try at opening your box!
Or, you stay at the bank who knows you. My bank knows me by name. If someone got my key (not likely) and went to get into the box, there are safeguards in place. First they have to identify themselves. Second, they have to sign the registry. Third they have to convince the bankers that they are me. Not so easy to just go in an get a box.
I find it highly unlikely that there was anything taken from the box. How would they know to target her box above everybody elses. Are we supposed to believe that the staff went through every box in the branch and stumbled upon the money. And who actually puts 25 years worth of cash in an actual box as a means of savings. No I am doubting the story.
I was hacked a couple weeks back. Someone started buying stuff with my bank account. Not only me but my daughter was hacked and some people at her job. Her bank lady said it was happening regularly. I was on a different bank. This seems to be a pattern with the banks being unreliable. Great set up for our new one world digital banking where your biometrics will be the key to your digital wallet. In the first stimulus package was outlined our digital wallets being maintained by the post office. That wallet would include your driver's license, banking info and medical history. I hate technology. I love nature, animals, human connection and interaction. Kids don't even know how to play outside in God's creation anymore.
@@tracylawrence5258 but at least there’s a digital footprint with tech. As you can see, it’s not safe with a cash and a box either, and there’s no way to track that down.
@@ericp1139 Cash has serial numbers and a strip that runs thru the center. With digital your assets can disappear into thin air as well. Your valuables are actually safer in your possession. And it's no bodies business what you have in assets. I've seen school lunchroom lady save cash her whole life and end up with hundreds of thousands of dollars. We live in such a controlled system. No autonomy, no privacy.
Step One: Fireproof case Step Two: Legal Firearm Purchase Step Three: Live your life till someone decides it’s a good idea to break in. Step Four: Don’t trust a bank.
We got plastic Bill's now but there gonna go fully digital so they can fully control all transactions for the mark of the beast (sunday) (beast is papacy)
boomer logic, 67k was her life savings and she lets it depreciate in a bank receiving no interest while inflation runs rampant effectively making it worthless. She then plans to take that money and retire with it? What happens when she runs out of money? Go back to work? Some people deserve to be poor
@SearTrip It's easy. Electronic malfunctions. Computers not working = can't withdraw the money. War and EMPs destroying digital records (or terminals allowing accessing to servers). Can always withdraw physical money. (oh, well, unless it's not being stolen)
That's hard to believe. My bank is great. They all know me and no one else could get into the box. Don't get a box where a bank doesn't really know you. Something is fishy with this whole story. It's not that easy to clean out a box. You have to show I.D. if they don't know you. You have to sign a form that matches the original signature. You have to have the key! IT's not that simple to do this. I think there's more to this story than what the woman is saying.
In a bank it is just pixels on a screen and they aren't obligated to give you the money if you close out your account. They don't even have to have the money on hand. So having the money in a box makes sense.
Perhaps she was receiving some kind of state aid and there is only a certain amount you are allowed to have in the bank I know on SSI you are only allowed $2,000 in assets
@@Acecool Since you don't believe in having money in any bank accounts since it doesn't make sense to you, does that mean that you have all of your money in a bank safety deposit box instead of any bank account? Do you always have your money from paychecks go straight in the box, and do you go to the bank to get the money out where it's in cash, every time you want to spend that money?
@@Acecool No, it does not make sense to have greenbacks in a safe deposit box. If you are going to trust a bank to maintain your box you can trust them to pay interest on a savings account that is FDIC insured. Better yet is to invest that money in low risk mutual funds or target retirement funds. She could have as much as 10 times as much money now over all those years if she had done so and would have had access to it.
Banks always have both keys in case the patron's key is lost and also both keys to keep the cost of lock changes down. The bank staff stole from my mother as well (coin collection). My family ran a locksmith so I know they have both keys (at least the two branches we serviced did and assume most if not all do it). Just don't use safe deposit boxes ever.
In Chicago, a man deposited over 200,000 in Chase Bank checking account only to find money missing. He raised the issue with the Bank they blocked 🚫 his online access. He panicked and ran to local News Station then Chase Bank claimed they just created a different account for the customer in his name and his money was available. The customer never requested a different account 🙄😅🤣. Be careful!!
The bank doesn’t know what you put into the box. It’s private. It could be cash and gems or dried leaves and pebbles. They can’t insure when they can’t prove value.
Same thing happened to our family. Not only the safe deposit box at Wells Fargo but hundreds of thousands of dollars for stolen by employees and other family members. Once it’s stolen you never get it back.
Why is there no mention here about the banks having camera footage.? Banks have cameras all over the building like inside and outside so there should be footage of this recorded already. Very fishy!! J
Yes and they probably keep tapes for like up to a year or more of like 10 to 20 cameras good point. Just speculating but it wouldn't be surprising to find out if the cameras were down for maintenance the day her stuff went missing 😯
There's a follow up video. The woman's stuff was found in the lockbox directly below hers. An apparent explanation is that both inner trays were removed at the same time and they put them back in the wrong boxes. The woman only recovered $20,000. It's unclear if she was mistaken about how much money she had or if there's another explanation.
The same thing happened to me. The contents of my Wells Fargo safety deposit box were stolen, containing 4 generations of family history, jewelry and important papers. Reports filed with the local authorities, the board of directors of the bank and the Office of the Comptroller of the Currency, aka OCC led nowhere. Is there anything that can be done to hold these thieves accountable?
How HEARTBREAKING that, that happened to you. FOUR GENERATIONS of PRICELESS, BEAUTIFUL FAMILY HISTORY??? I'd lose my head. Myself, coupled with a Judge in my family are the Family Historians. I'm wondering if YOUR STATE...REQUIRED a Notary Public to be present to WITNESS the removal of any contents. I'd get an Attorney to pull out the microscope on EVERYONE INVOLVED.
And just a little "food for thought" I've read online.... that, after the contents are inventoried from the safe deposit box, the contents are then placed in a "General Vault" at THAT Bank. After a time....I don't know how much time....BUT....the contents, BY LAW??? are THEN forwarded to YOUR STATE....AS "UNCLAIMED PROPERTY." You MAY have to send documents to prove an old address. MAYBE a piece of mail...ANYTHING to prove that you had THAT ADDRESS at some point. YOUR BANK MAY even have something with your old address...even IF it was EONS AGO. Me, personally, I've received CHECKS...RECENTLY ...even EONS LATER....small checks from old deposits....even an OLD card insurance policy from 20 YEARS AGO.. old refunds and stuff. I typed my name for MY STATE....UNCLAIMED PROPERTY....AND THEY HAD IT !! I couldn't believe it....BUT it WAS THERE....in there "Esheat Files....or unclaimed property.....BUT....I RECOVERED IT!!!!....20 YEARS LATER... BUT I GOT IT!!!! So, you just may be able to get your PRECIOUS DOCUMENTS....GIVE IT A TRY.
You can still use safe deposit boxes, just make sure it's booby-trapped. Your defense? "Well, there's no way for you to prove it was me who put it in there, because the only way such a trap could go off is if the safety deposit box is opened without me, and because it DID go off, that means it was opened without me, and thus you cannot prove no one else was in there between the last time I opened it and when YOU opened it. *Circus music INTENSIFIES #:oD
I have been hearing this a lot lately so thankfully i closed mine about 10 years ago and im hiding my things like my mom and dad did through their lives
I bought an American made safe, (Double bolted down),an outside perimeter alarm, a separate inside alarm w/ battery back up, and an alarm in the safe. Your money, and valuables are only to be trusted by you!!! 10% insurance to cover 90% of my assets? Yup! No monthly fees, No leaving the house, and access 24/7!
Did you know that if you visit your SD box, you sign in right? The bank is REQUIRED to send the IRS a report if you frequent more then 2 times a month! Think about that..............
@GoogleCensorsTheTruth 34 Did you follow the story??? Geez.... Her valuables were gone!!! My safe is American made with a 3 hour fire rating. It is also in a location resistant to extreme heat. And yes I trust my insurance company! They've never let me down. But then again, it's not "Jim Bob Joes" Insurance company.
@GoogleCensorsTheTruth 34 I can agree, on the notoriety of insurance scams. However, I just personally feel that my valuables are safer, and obviously more convenient, in my near vicinity. The dogs let me know who's near, the alarms let me know who's nearer, and the guns let me decide what their fate may be.
What if the employee pretended to lock the box with the owner key and really didn’t. Later on, the same employee go to open the box with the bank key and get the stuff out and close the box?
When I had a box, I would turn the key again to see if it would open, just to make sure it was locked. I no longer have a box because I took out all my documents and keep them at home.
To access your own box, you need to show your ID, sign in and have your key. The employee unlocks the slot where your box is kept. I wouldn't expect anyone but a bank employee to have access your box. Unless someone at the bank wasn't doing their job and allowed someone with a copy of the key to access the box.
I did that in the bottom of the top drawer of my dad‘s filing cabinet after my brother asked me four times in the same conversation what time I would be showing up the day of his funeral. It was a tossup whether he would be able to pretend he never saw it because he told on himself (to me) for trying to declare our dad non compos mentis. About three weeks later when I finally read it expecting just to see a bunch of formality about disposition of property and no inequal treatment of any sibling I found not just the favoritism that you might think would make him the guy in no hurry to go through all that stuff (until that moment I really did believe that I’d been advantaged with a better mother and all sorts of other stuff that justified a lifetime of cutting slack I never wanted to believe was favoritism for my brother) but also he raised the idea (of declaring him unfit) a month after Dad executed said will favoring my brother. Execuhole had to tell him incompetence invalidates recently-executed wills. No shit. If I was making up fiction I would make it up easier to believe. He’s a half brother nine years younger who I evidently should’ve strangled in his crib but I was instead never anything but stupid enough to be protective toward. He hadn’t even stayed until the old fucker drew his last breath so if that’s who Dad wanted for a favorite they definitely deserved one another.
Why would someone store paper cash for 40 years in a box? It's constantly losing value. Over that period there were bank accounts that paid over 10% interest in certain years. Her cash paid 0%. How is that sensible?
It's all fun and games till a hacker or someone who you may have thought you trusted gets into your account, then you will have wished you had a safety deposit box. Trust me, I KNOW!!. It's pros and cons to it. But even though it may not make any interest on your behalf, It's still there, and no one is getting into it unless it's the banks themselves that steal from you.
.....The bank knows who did this & they're shutting up & lawyering up. If a bank is selling safe deposit box rentals they should be held liable for everything they store. Period.
I used to work for a bank. It’s true that the bank needs the customer key in order to open the box. If the customer loses their key then the only option is the customer pays a fee and the bank calls a company like Stanley to come out and drill open the box to retrieve the contents. And it’s also true that the safe deposit boxes are not insured.
i thought the banker escorts you into the lock box area with their key and along with your key, that opens the outer door to your box. then you slide out your covered box and are escorted into a private area to access the contents and when you're done the reverse occurs......?
What you are saying is right. Some banks have gone to 1 key opening, no bank key. They open the door for you, show you your box, and you open it. The customer is given 2 keys when they rent a box. Where is her other key?
@@TruthDefender Yes. FYI- The homeowner that died the Safe in his basement was empty 😢. Some guy who visited his home once, saw it and planned the home invasion.
The bigger question is, why would you pay to rent a box to store 67k in cash? Even the worst savings account would pay you interest to put that money in there. Better yet, invest it and at least have your savings keep pace with the market. Hearing about someone keeping that kind of cash under the radar raises all kinds of alarm bells for tax evasion or some sort of criminal activity
How did she lose her stuff inside the safe box? The bank requires two ID's, signature and customer's key with the bank's key to open the safebox. It doesn't make sense.
So the bank isn’t liable when one of their employees steals from a customer? They’re the only other ones that have access to the boxes besides the customer
3:04 The box requires two keys to open. So what? There are people out there who can pick most locks in a few seconds. I bet an employee picked the locks and emptied the box long ago. The key question is, was anyone else robbed? Can the victim actually prove she had the money in the box? If no one saw her putting the stuff in there, how can we trust what she's saying is true?
Those locks are lever locks, which are super hard to casually pick. Plus, wouldn't more customers report the same issue? I can't imagine a bank employee targeted this one woman's box, especially since the bank doesn't keep a record of the contents for this very reason.
........Are they being for real? Well god damn why are they called SAFETY Deposit boxes then? Might as well call them "Come steal all my valuable shit box"
The box underneath the woman's box had a problem and they accidentally drilled it and moved her content elsewhere. Another reason to include a labeled with the box number and the name of the owner on the steel box you place inside the safe.
I too had my chase bank safety deposit box compromised and when I complained to the bank manager about it and he got really angry at me and kicked me out of the bank. Literally. He closed out my account and I am now banned from being able to even have an account there! They, however, still carry the mortgage on my house....
Colonel Sanders kept a wall safe in his office, but kept the recipe for the chicken in a cut out behind the door frame because he didn't think the recipe was safe inside of the safe.
why is she keeping $67k in cash and not just putting it in a bank account that is FDIC insured??? And also only $67k in 40 years? That is a little over $100 a month each month. You won't really be able to do much with $67k these days if you are not working
This whole thing makes no sense at all. 1. It's true that the customer key and the bank key is required. 2. The contents aren't insured because the bank has no idea what's in the box. The customer controls the contents 3. In the absence of a key a locksmith must break into the box vault. 4. Locksmith break ins are scheduled, controlled and recorded. 5. Entry to the box is via signature verification. 6. Break ins take place for a few reasons: death, key loss, abandonment. 7. The box owner had 2 keys in case they were lose one of theirs and both are exclusively under the owner's control. 8. The bank interior has surveillance. There are a LOT of safeguards in place.
DE[osit ac counts are more easily confiscated by the bank or government and will take a lot of time to recover your losses even if insured. Many of the Smart Money store cash at home, etc. to be able to buy bargains or food WHEN the SHTF .... probably in autum of 2021 if our president keeps robbing the national already empty piggy bank
For privacy. The government can always easily find out how much one has in any account by contacting the bank. For a safe deposit box, it will require them to go through additional steps to open the box. Furthermore, with today's pitiful interest rates, it makes little sense keeping money in a bank when inflation will just erode purchasing power.
The best way to keep valuables is to hide them in a very VERY difficult place to even begin for someone to find; and not tell ANYONE where they are. And if you die, well, that's for your relatives to try and find; it's not your problem anymore.
@ Larry - I'm sure his last thoughts as he passed were worrying if his parasite brother in law was going to get every last crumb of his money he left behind...
I work in a bank - it has two keys- employee side and customer side. It cannot be opened by just one side. In my experience, it’s usually when customers forget that they took everything. Mostly older ones.
and you can 100 % guarantee that every single employee at your bank is honest like you if you do you are lying to yourself and i there is going to be a master key for that lock you may not have access to it but someone does in the event that a customer dies or loses the key they have in the case of the police showing up with a warrant the manager can open any box in the bank this woman does not seem to be the forgetful kind to me nor is she suffering from any mental disease from what i saw wake up have a look at the real world anywhere there is money there will be crooks but the story has a point the banks are selling a lie a "safe deposit box that is anything but safe" use the money you would spend on a box and get a safe
@@kirkyorg7654 yes. Unless that employee brings a locksmith to drill it. Once it gets drilled, the locks would be different. There is no master key. There are also camera everywhere.
It has to almost certainly be an inside job. Some bank employee got a look at the stack of cash and somehow stole it. It does take two keys to open the box. A general key the bank has and an individual key for the renter of the box. But I can imagine an employee having duplicates made before the box was rented, and just bides their time until it looks like there is something really valuable in a box. Also there is the possibility that the renter does not turn their key in the lock properly, fails to lock their lock, and the bank employee observes this and waits for the opportunity to loot the box. You can get insurance from an insurance company, but then the contents are known, and probably only insured if the vault is physically entered illegally.
A month after my grandpa died in 1985 his bank sent him a letter saying his box was past due and if it wasn't paid in 30 days it would be drilled. so my grandma went down to pay it and they refused to take the money. they said only my grandpa could pay it in person. she had his DC and all his ID stuff plus their marriage certified. they still refused to let her pay. She got a lawyer the next day and he filed a suit to stop them from drilling the box. A judge agreed but the bank said they drilled it already " 3 weeks before it was to be drilled". they gave my grandma the stuff they said was init but was missing most of the stuff that was listed in an inventory sheet my grandpa left in it that was done by him and the bank manager. All of his medals from WWII were gone, a pocket watched that belong to his grandfather,, and gold coins he got in Germany off a dead German officer " that is a very long story". My grandmother never got any of the stuff back
Safe deposit boxes normally have 2 keys, a guard key (the banks), and a customer key. The guard key is used first, then the customer's key is used to finish the opening. Some banks have gone to one key, the customer's key only. You show your key, sign a log, and go open your box. Most likely, someone had a copy of her key and forged her name. She needs to look at her own family.
The wall that constrains and contains the entire 'wall section' of safe deposit boxes is usually designed to be REMOVED as duing bank emergencies and national need. Dont store anything of value in a commercial bank vault
Assuming she even put the money in there. How do we know that for a fact? You are put alone in a small room to open and close your box. Neither she nor the bank has any proof the money was in there. She should have put that money into an investment account or at least a regular savings account that is insured by FDIC. I don't know if this woman is telling the truth or pulling a scam.
I noticed that immediately....I didn't see a 2 lock system.....only one. I was aware of those rules when I started my deposit box years ago. Really, they are about only good for storing important documentation and that's about it. Since during Co-vid I couldn't get into mine, I"m now thinking of just getting either a large safe or fireproof safety box and keep my stuff at home..... If you got cash....it's probably best to hide it at home....
Banks have camera’s….You know it was an Bank Employee! They have all the keys! Thats a line of BS.
They actually shouldn’t have any keys. The box key should only be held by the owner of contents.
You are right, otherwise every lock would have to be drilled out when the owner doesn't return. There's always lies behind this stuff.Edit: Watch YT:" New twist in case of deposit box theft" (spoiler- its a bank crime)
I worked for a nationwide bank for 20 years. The customer gets 2 keys when they rent the box. The bank does not have any customer keys. The bank has guard keys that have to be used in conjunction with the customer's key. Some banks have gone to 1 key opening. The customer key will open the lock, no guard key needed.
It was the government...
@@larrykeenan598 Thanks. I guess that leaves the locksmith, because all locks get changed, sooner or later.
"Bank employees cannot open a box without the customer's keys"... This is the Lock Picking Lawyer, and what I have for you today...
that's who I was thinking of, one case had the locks laying inside the now empty boxes.
or "This is the previous owner of the box, the bank forgot to change locks"
I wonder what banks do if you don’t pay and never return your keys? Hmm...
We all know LPL would be in that box in 30 seconds...
. The thing is, who gives you the keys for the lock you didn't supply?
I had a strange experience with my bank almost 20 years ago. I had a safety deposit box there and paid the fee in February for the year. I took the receipt with me. Sometime later, I got a notice saying my fee had not been paid, and my box would be drilled. I took my receipt back to the bank, and they made a copy and said it was all taken care of. Later on, I got another letter. I took that receipt to the bank 4 times to prove the fee had been paid. After the 4th time, they promised me their records were accurate and everything was fine with my box. About a month later, I got another letter telling me my box had been drilled and the contents moved to the downtown branch. To say I was mad was an understatement! I went downtown and picked up my stuff. It had all been inventoried, and everything I remembered appeared to be there. I took my things with me, and on the way out closed out my accounts with that bank for good! To this day I wonder what they were looking for.
Sounds like they were looking for an excuse to go through your stuff. The powers don't want people having secret cash, gold, valuables etc. Thats why it was "inventoried".
Anything of value they could steal
Routinely they search all the boxes
They have both keys
Disgusting behaviour by your 1st bank experience. They did not inform the record’s department of head office. Then again it does sound shonky of banks not to guarantee the contents of the boxes. You may as well left it at a police station safe lock-up or in your garden for they have more security than banks do.
FBI or LEO
This is why you buy a small fireproof safe and
imbed it somewhere in your own home. Banks have
cameras everywhere. They could find who stole her money.
The fbi has a 100% close rate on bank robberies for over 30 years
Yeah but who's gonna watch 40 years worth of video footage to find a 10 second clip of the theft lol
@@gedeo No it's still not doable. Who's about to pay a team of 4-6 people a year salary, just to find her belongings, just for the possibility of 1 team member falling asleep for 10 seconds during the moment of theft?
@@gedeo Not done, because there won't be a motion to detect lol. No burglar will blatantly walk in front of a camera to go inside her save deposit box. I'm sure during the moment of theft the camera was either turned off, blacked out, or pointed towards the ground. And if the burglary was really clever, the monitor screen will just read "Sucker" 💀💀
@@jamesross1798 Isn't it the job of investigators to, um, investigate?
If banks arent responsible for keeping items safe, then it gives them incentive to steal.
Great point!
True
Yeah, in that sense, a bog-standard bank account is far safer - there are basic rules about disputing transactions and caps on account-holder liability for fraudulent transactions, and even if the bank fails, the FDIC will back the deposit.
The only person concerned about your money's safety is you. Never trust anyone else
For every dollar you have, three people are trying to take it.
@@jwrosenbury - interesting~
Hi, mail I ask who is three?
I literally do not know.
Thank you.
@@jwrosenbury 3? Try 10,000
@@hera7409 Well, let's start with the porch thieves. Then there are the phone scammers and the computer scammers. And let's not forget the banks. They invent and charge lots of extra fees to drain your account. Do you have any relatives looking to you for a soft touch? How about scam charities? Even the real charities steal money nowadays.
The US Council of Catholic Bishops recently took $500,000 dollars from the Campaign for Human Development and dedicated it to not only supporting abortion on demand, but encouraging the legal requirement that other Catholics do the same despite being officially against abortion. I can't imagine that what us donors had in mind.
Have you ever dealt with a general contractor? Do you pay taxes? There are stories of police shaking down lottery winners and jailing them when they run out of money.
Everyone wants something for nothing, even me. Let me set up an OnlyFans account so I can take some of your money.
As Fox Mulder would say "trust no one"
I like these old-fashioned news stories that don't try to tell me how to think.
Feels like such an old fashion thing!
This was created a year ago haha. Local news tends to be more factual and less narrative driven. That’s why some may find it “boring”
@@Rudenbehr I mean come on! Not even a firework display?!
This is telling you how to think. It's anti-corporate -- it's clearly saying that the bank and regulators are knowingly doing this and there are no repercussions.
Yeah, just give us the facts. We don't want your opinion nor adjectives.
Glad I saw this. I was considering getting a security box. Now I won’t
Same, now what?
@Ashura Make copies of documents and keep them in a different house.
@@childfreesingleandatheist8899 Yes, copy your cash and keep the copy in a different box! Chances are the thieves will not pick both of your boxes! :)
@Ashura keep the docs in the cloud... lol, and you can encrypt them for security... in the modern age, now need for this 1800s crap with electronic docs, there called .pdfs
as society starts to crumble = no laws and no convictions of criminals. like the defund the police movement across america, we will be living in a modern day jungle. any valuables you have has to be in your own possession. but i see you you figured that out............ good luck
The crazy part is the bank knew before she found out her items were stolen. They have cameras that record bank activity 24/7/365 in HD. Don't tell me they don't know who stole this ladies' stuff!🤨
They may record 24/7/365 but unfortunately footage is only kept for 30 to 60 days. Have you ever tried to watch footage? It's a bitch to find what you're looking for if you don't know when it happened. Regardless, the bank should offer insurance to everyone "included" in the rental price.
It has to be someone really high up. It can't be opened without both the customer and banks key. Someone who has access to the keys the customer is giving had to of made a copy of the keys and had time to put them back. It shouldn't be to hard to figure out who has access to those restricted keys. A standard bank teller can't just go and grab those keys. A bank manager comes with you and unlocks it then leaves the room to give you privacy. There's only a few people in the bank who can pull this off.
@@cgfh8673 If the banks offered insurance everyone would claim they had millions in their boxes and it went missing. The only way it could work is if the banks recorded everything that went into and out of each persons box
$67,000 in cash?! NOT invested? Just sitting in a box? Literally LOSING money even if she wasn't robbed.
Yeah. At least earn a few percent in a savings account lol. And be protected under fdic.
That's not the point.
Banks are ripping there own customers off its disgusting . If you walked into that bank and robbed them you'd go to jail what a complete scam !!
And YOU'RE just Now figuring this out........Lol 😆
@@Val-ee4hd yes indeed, your right!
@@mirandabri834 naw but he gave me something to think bout cause like he said people sometimes get that false illusions and it happens to the best of us
@@Val-ee4hd u arent forever lying i thought bout that skeleton key thing but i was like ahhhh bank false illusions ill be ok so i thought sneaky little devils
their*
I remember in the 1970’s a lot of boxes were found in a government warehouse that had been there since the depression when the federal government closed down the banks .
So the people who owned the contents basically never got it back.
Wow... That’s crazy... 😳
This is very true,google it.Jesse James used a gun too rob banks now the bank(sters)uses computers too rob your account.
@@vernwallen4246 That's what Woody Guthrie sang:
Yes, as through this world I've wandered
I've seen lots of funny men;
Some will rob you with a six-gun,
And some with a fountain pen
(They didn't have computers when Woody wrote the song)
Thank you for the education 💜
@@vernwallen4246 It maybe so, but you actually trust Google?
I went to a bank to get a safety deposit box and was shocked to see that they were cheap plastic boxes for regular office supplies. I thought...my God, these people must be crazy!! The female clerk reassured me that it was fine and that they had a "camera" to keep them safe. I said NO THANKS!!
Why would you put tens of thousands of dollars in a box instead of investing it. Like the great Beavis and Butthead said "Some people are dumb!"
@@fronttowardenemy7972 not all of your money should be in one place. Some should be stored away for easy access, some should be invested for the long term and mid term. And you should also have other forms of buying things, like having silver or gold. The idea is that there isn't a single point failure.
@@heedmywarning2792 Silver and Gold aren't for the everyday investors. That's BS media tried to spread to stop people from bankrupting the fat cats at WallStreet during the GME craze. It was a deflection tactic. They even employed 1day accounts to spam in sensitive places about precious metals etc. Don't buy that stuff. Invest in Crypto. Buy Bitcoins and/or Dogecoins.
@@TheDorianTube does crypto still work if the internet is down?
The box might be plastic, but the door with the key lock is not.
The smartest sentence in this entire video:
"You're better off burying your valuables in the back yard"
Sadly, many things are lost this way, as people forget.
@@colinpovey2904
There way around not forgetting.
@@charliepearce8767 You mean like writing it down? Kinda defeats the purpose of hiding something, doesn't it?
BTW, ever heard of dementia? Or just getting old? Lots of things used to be buried and were forgotten.
@@colinpovey2904
There are other ways than writing it down
Yes i heard of Dementia as my mother sadly died with it not knowing her own family in the end..
And old age....I'm now 60 and well aware of that part of life.
Forgetting where you buried something would be a lot less heartbreaking than someone stealing for a bank that you pay for security.
@@charliepearce8767 Sorry about your mom. My mom was developing it too. I am 66, so we are in the same boat.
But not only have people forgotten they buried something, sometimes they remember they buried something, but cannot remember WHERE it is buried, or they die or lose their mind, not having told anyone of what is where. None of it good.
Best system is put cash in a FDIC insured account, then split valuables up into multiple safe deposit boxes or safes.
My girlfriend's cousin went to her father's box one day to catalog all the paperwork there which included $150K in stocks and bonds because her father was deathly ill. She went back 2 weeks later and it was all gone. When she told the bank officer, she was told to get out. She went to report it but then magically a check showed up in the mail for the $150K minus what might have been the accrued interest. I'll bury my stuff in the yard before I use a Safety Deposit Box.
A shovel and a metal box works for me
How difficult would it be to place an inconspicuous camera in the area where the customer opens the box, angled to give a view of its contents? If linked to a phone app, it would be armchair shopping for an inside thief.
Also there are automatic lockpicks used by law enforcement and government agents that have been around for decades. You just insert, pull a trigger, and the device cycles through a sequence of notch positions until the lock opens in a few seconds. No skills required. You only need to drill if you're replacing the entire lockset. Opening a lock is easy.
That is INTERESTING....WOW!! Thanks for sharing that....WOW!!!
Stocks and bonds these days are not held as simple paper certificates. You can hold them in certificate form, but the company you invested in keeps a record of your ownership. So they can't be stolen just by taking the certificates.
@@AlvaSudden How far back does "these days" go. These stocks were 30 - 40 years old
If she can somehow prove the bank was negligent, the “not responsible” clause is null and void.
Also: If they advertised that the items were safe and used anywhere in any commercial the word "guarenteed" that could constitute a separate verbal agreement. False advertising as well.
😄😁😆😂🤣
Optometrists also use the, ‘not responsible,’ they break your glasses and blame the customer!!!!! #ripoff #scam #evil
@@stickerlady1774 Moral of the story is, don’t let anyone touch your property
@@Elliandr Bank has know way of knowing what you say you lost from a safe deposit box was even in the box how could they guarentee the contents.
This has happened numerous times. It is rare but it happens. The greater risk is the government seizing your stuff. It's called civil asset forfeiture and it's pretty messed up. The banks are required to report anything that could look remotely suspicious and law enforcement can seize the stuff without even charging you with a crime.
Last Week Tonight with John Oliver(HBO)did an excellent piece on this very subject some time ago. Civil forfeiture is a complete disgrace in a modern America.
the greater risk is some one getting access to your key, I agree that the g'men will seize without court orders but they have to know before hand that there's something to seize-they dont pick a box at random, she knows this person who raided her safe deposit box, she may not know WHO but this some one she knows
@Common Sense Realist Any link to this information?
Crazy!
Or even a bank bail in
What is the bank’s explanation? I have heard horror stories of a bank closing branches and never notifying a box holder.
That she never have $67k in her box.
I once had several hundred thousand dollars (equivalent) in an overseas box. I found a few thousand missing, and the bank said he was probably missing to begin with (the cash was shrink wrapped but one brick was a bit loose). Wasn't drug money but I let it go, you can't prove them wrong and the vast bulk of my money was still there and I got it out eventually. As for the 'dual lock' safe deposit as another guy says a skilled locksmith can pick them easily.
How do we know who is telling the truth here? She has no proof she put that money in there and the bank has no proof she didn't. That was a dumb move by her to put that money in there, assuming she even did.
@@raylopez99 Those locks are high security lever locks. They are far, very very far, from being easy to pick.
@@cooldudicus7668 Maybe, but I talked to a locksmith who works with banks who claims he can pick them. Maybe he's a master locksmith like that guy in PN that could pick even the best combination lock.
This story has been updated. Apparently someone at the bank moved her box to a different location by 'mistake' after another box holder, below this lady's, couldn't get her key to work. She only got $20 k back, which means it was an inside job and somebody got scared and made up the box mistake...who knows, anyway don't keep that much cash in one place...all eggs in one basket sort of thing
Awful
Why keep cash in a safe deposit when u can put it in savings account? Logically it makes no sense.
@@kosdsd6524 Because the money isn't actually there? Also Cash is king.
@@Bennahr_Fett lol what??? what you mean money isnt actaully there.... like physical cash? you know you can just withdraw cash from your chequing/savings account...
@@kosdsd6524 If every American patron went to the bank and withdrew just $20, less than 25% of those people would actually get their money. It doesn't exist the way you think* it does. The American Dollar retains its value because of foreign markets and we must preserve it. Inflation is killing us.
You know it was a bank employee who stole it. Probably emptied several of them, the others just haven't noticed yet.
I forgot about a deposit I had in the BOA. I received a letter saying that I needed to close the account. Upon arrival at the bank, they said there was only $10 left in the account. They had deducted money from my account every year until they notified me. I asked why they didn't send a letter five years before ! No response.
This story is over a year old now. I’d be curious to know what the outcome of the investigation was. It strikes me as really odd that a system that supposedly requires TWO keys to open (one you hold, the other the bank’s), a state ID, and signature match before the box can be opened somehow failed. I have my suspicions here...
I have my suspicions that there was nothing in there. How did they know to target her box out of all the boxes and where did they get the time to go through every box?
@@bighands69 I can't say I disagree. Something's not right here.
There's a followup story about another woman finding some of this woman's belongings in her box and that her box had been moved.
Some fishy games are afoot at this bank.
You can show ID and get a replacement key. The lock isn’t replaced; there are dupes of all the keys at the bank. They give you a new one and then order a spare to keep on hand. So, 1 fake ID later, and boom, you're in. Could've been a fam member years ago when IDs were easier to fake.
The bank can also move your stuff to a new box. Our small hometown bank was acquired by a big corp bank, and they 'upgraded' all the safety deposit boxes. (Read, inventoried contents and made the standard size smaller so they could rent more boxes in the same amount of space.) We got a letter that you could come in by a certain date, or they'd do it on their own. We went in of course.
But if another box holder found this woman's stuff mixed in with her own, someone f'd up big time.
Correction: ...a system that supposedly requires TWO keys FOR YOU to open (one you hold, the other the bank’s), a state ID, and signature match..."
It obviously doesn't take any keys for the bank or law enforcement to open.
THAT BANK SHOULD BE RESPONSIBLE !
NOW, THAT I KNOW THIS I WILL NEVER PUT ANYTHING IN A SAFE DEPOSIT BOX !
Why would anyone be responsible for secret things you put in a box? I could say I had $6 million worth of diamonds in my safe deposit box and now they are gone. Are they suppose to give me $6 million? They have no clue what you put in your box.... it's a secret storage. And, the bank probably prohibits cash in a safety deposit box anyway, most do. If you want to put those things in a safe place, just rent a very small storage unit. That way no one has access but you and you can set up a camera in it if you choose.
With over a hundred thousand banks in the country, you're worried about one incident?
Do you drive a car? I bet there was an accident somewhere near you today. Does that mean you won't drive your car? Of course not.
Are you going to walk across the street even though you know people get hit by cars doing the very same thing every day? Of course not.
Unless there's something wrong with you.
I quit safety deposit boxes something over 20 years ago because of events surrounding bank failures. I'm old enough to remember several occasions when banks failed. When this happens the banks are locked up tight and the process of auditing and dissolving the bank begins. During this time you will not get access to your "Safe Deposit Box" for as long as they choose.
One really important question the reporter didn't ask: "Is there anyone else authorized to access your safe deposit box?" If the woman had said, "No, absolutely not!" it would have been a much stronger story. 'Course, if she'd said, "Yes, my (relative)," she might not have had a story at all.
Oh it’s a story, just about how stupid she is.
Maybe she did ask and didn't say no so they just left it out
I some how over looked a DMV fee of 35.00. Had no idea about it until I was locked out of my deposit box.
The state of california seized my box assets until it was paid. This is the God honest truth.
Well there's your problem. You live in Commiefornia
That is way too invasive........ What the heck?????
Ok, here is the fix. DON'T pay your DMV fee again, but first fill you box with dog shit.... .lots of it....
Poor woman - figures someone like her with her life savings along with irreplaceable sentimental items were stolen by BANK EMPLOYEES. WHO ELSE COULD HAVE DONE IT??!!
Someone she knows very well took her key. I can’t imagine a bank employee would want old photos along with cash. She needs to take a hard look at her family.
@@zacharyschellinger4769 Depends if it was ONLY her box that was robbed or many were. The problem is, the robberies won't be detected until people visit their boxes. To use someone's key, you need to sign in pretending to be her, so there would be a paper trail that she would notice that she didn't visit on a particular date because she rarely visits. Or they need to rent their own box and be left alone in the vault! Plus know how to pick the bank key or the bank key is left there for them to take an impression of or quickly use to open their own lock. Not simple. Also risky.
Easy to pick the locks. Only need time alone. Do they leave people alone in the vault while they deal with the contents of their boxes? Is the bank key left in the lock unattended and thus an imprint can be made, so only one lock needs to be picked? Example of picking a safety deposit box double lock: th-cam.com/video/fQcx8LNF8xk/w-d-xo.html
@@zacharyschellinger4769 BS
Brian West my point is a family member could do all of the things you mentioned and have access to the the key negating the need to pick a lock. Secondly we are assuming that this bank actually supervised those visiting the safety deposit boxes. If they’re indemnified from all liability for theft then it doesn’t really matter if they do a good job or not because they can’t be sued. Being that this story was aired on TV had there been a rash of thefts we probably would have heard about it. Most importantly a thief doesn’t want family photos, hence why were they also missing.
They are supposed to change the locks each time a box is turned in. (so previous owner cannot come back later and rob the box) Make sure there is a video made each time you open your box, showing both the bank employee and you. Some banks do not do videos so anyone can make a try at opening your box!
Hello!!!! when are you uploading another video ??
Or, you stay at the bank who knows you. My bank knows me by name. If someone got my key (not likely) and went to get into the box, there are safeguards in place. First they have to identify themselves. Second, they have to sign the registry. Third they have to convince the bankers that they are me. Not so easy to just go in an get a box.
I find it highly unlikely that there was anything taken from the box. How would they know to target her box above everybody elses.
Are we supposed to believe that the staff went through every box in the branch and stumbled upon the money.
And who actually puts 25 years worth of cash in an actual box as a means of savings. No I am doubting the story.
Someone replied that the stuff was found in a different box. I don't know how true it is.
@@bighands69 I agree. I would bet that she took the stuff out in the past and simply lost track of what she did.
She said,"How do you get away with selling safety, but have a clause you have no liability?"
Now where have we all heard that recently? Hmmmmmmm
Vaccine companies
I was hacked a couple weeks back. Someone started buying stuff with my bank account. Not only me but my daughter was hacked and some people at her job. Her bank lady said it was happening regularly. I was on a different bank. This seems to be a pattern with the banks being unreliable.
Great set up for our new one world digital banking where your biometrics will be the key to your digital wallet.
In the first stimulus package was outlined our digital wallets being maintained by the post office. That wallet would include your driver's license, banking info and medical history.
I hate technology. I love nature, animals, human connection and interaction. Kids don't even know how to play outside in God's creation anymore.
@@tracylawrence5258 but at least there’s a digital footprint with tech. As you can see, it’s not safe with a cash and a box either, and there’s no way to track that down.
@@ericp1139 Cash has serial numbers and a strip that runs thru the center. With digital your assets can disappear into thin air as well. Your valuables are actually safer in your possession. And it's no bodies business what you have in assets. I've seen school lunchroom lady save cash her whole life and end up with hundreds of thousands of dollars. We live in such a controlled system. No autonomy, no privacy.
I did not sign the vaccine waivers and if I contract one of the variants I will be suing the manufacturer of that particular strain!
Step One: Fireproof case
Step Two: Legal Firearm Purchase
Step Three: Live your life till someone decides it’s a good idea to break in.
Step Four: Don’t trust a bank.
Imagine if she invested that 67k instead of leaving it in a dumb box
It would've been stolen too. Shady people everywhere
@@hotandsoursoup2664 that's the dumbest reply ever
It’s illegal to keep cash in a safe deposit box.
She’s a fucking moron who didn’t deserve that much money to begin with.
Exactly my thoughts
@@ItsSam who said
Get a fire proof safe and hide it behind the dry wall.
No such thing as fire proof, the heat will destroy the contents inside at some point
Unless you live in the middle of no where then the fire should be put out before the safes fire wall breaks.
Or better yet bury it if you have a yard
@@JD-qr7sl remember, cash can rot
We got plastic Bill's now but there gonna go fully digital so they can fully control all transactions for the mark of the beast (sunday) (beast is papacy)
What kind of logic says, “I don’t trust the $67,000 I have saved to be put in a bank account, so I will put it in a safe deposit box in a bank?”
harder to spend as banks have hrs of operation and checks/debit cards dont .
Someone who wanted to hide cash wages from the IRS maybe.
boomer logic, 67k was her life savings and she lets it depreciate in a bank receiving no interest while inflation runs rampant effectively making it worthless. She then plans to take that money and retire with it? What happens when she runs out of money? Go back to work? Some people deserve to be poor
Indeed
@SearTrip
It's easy. Electronic malfunctions. Computers not working = can't withdraw the money. War and EMPs destroying digital records (or terminals allowing accessing to servers).
Can always withdraw physical money.
(oh, well, unless it's not being stolen)
My bank teller told me not to get one, that my important stuff will be safer in a storage container. I told her thanks.
That's hard to believe. My bank is great. They all know me and no one else could get into the box. Don't get a box where a bank doesn't really know you.
Something is fishy with this whole story. It's not that easy to clean out a box. You have to show I.D. if they don't know you. You have to sign a form that matches the original signature. You have to have the key! IT's not that simple to do this.
I think there's more to this story than what the woman is saying.
@@beebob1279 Hellooo... It was an inside Job!!!
@@spriggsgone Actually, the it was in a different box.
why didn't she put the cash in a savings account. This story seems strange
Yeah it’s not gaining any interest sitting an the box, and it’s not FDIC secured.
In a bank it is just pixels on a screen and they aren't obligated to give you the money if you close out your account. They don't even have to have the money on hand. So having the money in a box makes sense.
Perhaps she was receiving some kind of state aid and there is only a certain amount you are allowed to have in the bank I know on SSI you are only allowed $2,000 in assets
@@Acecool Since you don't believe in having money in any bank accounts since it doesn't make sense to you, does that mean that you have all of your money in a bank safety deposit box instead of any bank account? Do you always have your money from paychecks go straight in the box, and do you go to the bank to get the money out where it's in cash, every time you want to spend that money?
@@Acecool No, it does not make sense to have greenbacks in a safe deposit box. If you are going to trust a bank to maintain your box you can trust them to pay interest on a savings account that is FDIC insured. Better yet is to invest that money in low risk mutual funds or target retirement funds. She could have as much as 10 times as much money now over all those years if she had done so and would have had access to it.
Now it all makes sense! This is how Gevanni was able to get into Mikami's safe deposit box to get the real Death Note.
In a national emergency nothing is safe including "safety deposit boxes".
especially
Where does a “national emergency” figure in this story? (Big explanation to prove original post wasn’t irrelevant follows).
@@mencken8 🤔
I'm surprised that in this day and age, there is no system in place to text you when someone signs in or opens your safe deposit box.
They would just get rid of safety deposit boxes instead of putting the money into making it better
@@corners3755 I'm sure they would just up the rental fee to compensate.
@@MisterLumpkin I think i read somewhere most banks are going away from safe deposit boxes, its not worth their time
@HN
I know people that use them so they are not keeping everything at the property so as to not keep their eggs all in one basket.
I've NEVER rented one of these things. Never will.
Your money is safe in the bank, not the safe deposit box.
AND WHEN BANKS GO BELLY UP, FEDS CONFISCATE.
Banks always have both keys in case the patron's key is lost and also both keys to keep the cost of lock changes down. The bank staff stole from my mother as well (coin collection). My family ran a locksmith so I know they have both keys (at least the two branches we serviced did and assume most if not all do it). Just don't use safe deposit boxes ever.
That’s good to know!! I’m cancelling mine.
In Chicago, a man deposited over 200,000 in Chase Bank checking account only to find money missing. He raised the issue with the Bank they blocked 🚫 his online access. He panicked and ran to local News Station then Chase Bank claimed they just created a different account for the customer in his name and his money was available. The customer never requested a different account 🙄😅🤣. Be careful!!
Those safe deposit boxes should be FDIC insured. This is insane.
it is a depost just not one the bank can leverage.
The bank doesn’t know what you put into the box. It’s private. It could be cash and gems or dried leaves and pebbles. They can’t insure when they can’t prove value.
Same thing happened to our family. Not only the safe deposit box at Wells Fargo but hundreds of thousands of dollars for stolen by employees and other family members. Once it’s stolen you never get it back.
Why is there no mention here about the banks having camera footage.? Banks have cameras all over the building like inside and outside so there should be footage of this recorded already. Very fishy!!
J
Yes and they probably keep tapes for like up to a year or more of like 10 to 20 cameras good point. Just speculating but it wouldn't be surprising to find out if the cameras were down for maintenance the day her stuff went missing 😯
Wow I expected this to be a Wells Fargo story but they missed this trick.
But they know about it now.
Can u sue for recovery? Government officials should jump in on this.
Who you gonna sue?
Banks not liable in the contract
You can buy insurance but....
And how can you prove what was actually inside the box?
WCCO can you do a follow up on this story?
There's a follow up video. The woman's stuff was found in the lockbox directly below hers.
An apparent explanation is that both inner trays were removed at the same time and they put them back in the wrong boxes. The woman only recovered $20,000. It's unclear if she was mistaken about how much money she had or if there's another explanation.
The same thing happened to me. The contents of my Wells Fargo safety deposit box were stolen, containing 4 generations of family history, jewelry and important papers. Reports filed with the local authorities, the board of directors of the bank and the Office of the Comptroller of the Currency, aka OCC led nowhere. Is there anything that can be done to hold these thieves accountable?
How HEARTBREAKING that, that happened to you. FOUR GENERATIONS of PRICELESS, BEAUTIFUL FAMILY HISTORY??? I'd lose my head. Myself, coupled with a Judge in my family are the Family Historians. I'm wondering if YOUR STATE...REQUIRED a Notary Public to be present to WITNESS the removal of any contents. I'd get an Attorney to pull out the microscope on EVERYONE INVOLVED.
And just a little "food for thought" I've read online.... that, after the contents are inventoried from the safe deposit box, the contents are then placed in a "General Vault" at THAT Bank. After a time....I don't know how much time....BUT....the contents, BY LAW??? are THEN forwarded to YOUR STATE....AS "UNCLAIMED PROPERTY." You MAY have to send documents to prove an old address. MAYBE a piece of mail...ANYTHING to prove that you had THAT ADDRESS at some point. YOUR BANK MAY even have something with your old address...even IF it was EONS AGO. Me, personally, I've received CHECKS...RECENTLY ...even EONS LATER....small checks from old deposits....even an OLD card insurance policy from 20 YEARS AGO.. old refunds and stuff. I typed my name for MY STATE....UNCLAIMED PROPERTY....AND THEY HAD IT !! I couldn't believe it....BUT it WAS THERE....in there "Esheat Files....or unclaimed property.....BUT....I RECOVERED IT!!!!....20 YEARS LATER... BUT I GOT IT!!!! So, you just may be able to get your PRECIOUS DOCUMENTS....GIVE IT A TRY.
You can still use safe deposit boxes, just make sure it's booby-trapped. Your defense? "Well, there's no way for you to prove it was me who put it in there, because the only way such a trap could go off is if the safety deposit box is opened without me, and because it DID go off, that means it was opened without me, and thus you cannot prove no one else was in there between the last time I opened it and when YOU opened it.
*Circus music INTENSIFIES #:oD
I only store light-activated super-viruses in my safe deposit box. (he said, wishfully thinking)
That’s so Sad....Money can be replaced, but the heirlooms cannot. So, it’s Sad.
Moral to the story. Dont trust banks. At 35 bucks a month i would have bought a high end safe for home.
Right!!!
My bank increased the box rental from $25 to $50 per year. I closed out my box a week ago.
Her ANNUAL fee of $35...
Home safe the way to go
$35.00 a month?
My box in my Bank is $22.50 a year.
I have been hearing this a lot lately so thankfully i closed mine about 10 years ago and im hiding my things like my mom and dad did through their lives
“Not always safe” ? Try never safe. Ask the owners of boxes in Beverly Hills seized by the FBI even though the warrant forbade them to do so.
Is there no cameras in the room
Yea there’s no cameras in the room. Only outside of the room so you see the person leaving, that’s it.
Depending on their services. In our country, they have full of cctv.
I bought an American made safe, (Double bolted down),an outside perimeter alarm, a separate inside alarm w/ battery back up, and an alarm in the safe. Your money, and valuables are only to be trusted by you!!! 10% insurance to cover 90% of my assets? Yup! No monthly fees, No leaving the house, and access 24/7!
Did you know that if you visit your SD box, you sign in right? The bank is REQUIRED to send the IRS a report if you frequent more then 2 times a month! Think about that..............
@GoogleCensorsTheTruth 34 Did you follow the story??? Geez.... Her valuables were gone!!! My safe is American made with a 3 hour fire rating. It is also in a location resistant to extreme heat. And yes I trust my insurance company! They've never let me down. But then again, it's not "Jim Bob Joes" Insurance company.
@GoogleCensorsTheTruth 34 I can agree, on the notoriety of insurance scams. However, I just personally feel that my valuables are safer, and obviously more convenient, in my near vicinity. The dogs let me know who's near, the alarms let me know who's nearer, and the guns let me decide what their fate may be.
@GoogleCensorsTheTruth 34 And Metal detectors. I hear you. On the other hand... I wouldn't mind doing "Group therapy" on those brave enough to try.
What if the employee pretended to lock the box with the owner key and really didn’t. Later on, the same employee go to open the box with the bank key and get the stuff out and close the box?
When I had a box, I would turn the key again to see if it would open, just to make sure it was locked. I no longer have a box because I took out all my documents and keep them at home.
@@raymond19001 what’s your address
@@JohnWickkkk...funny
To access your own box, you need to show your ID, sign in and have your key. The employee unlocks the slot where your box is kept. I wouldn't expect anyone but a bank employee to have access your box. Unless someone at the bank wasn't doing their job and allowed someone with a copy of the key to access the box.
I find the story suspicious to begin with we have not way of verifying her claims of content.
This is why I have all my items strategically separated amongst several different locations
I'm thinking to get one just so I can put a funny note inside!
I will have just a note buried with me so when they loot my grave they will just get frustrated.
I did that in the bottom of the top drawer of my dad‘s filing cabinet after my brother asked me four times in the same conversation what time I would be showing up the day of his funeral. It was a tossup whether he would be able to pretend he never saw it because he told on himself (to me) for trying to declare our dad non compos mentis. About three weeks later when I finally read it expecting just to see a bunch of formality about disposition of property and no inequal treatment of any sibling I found not just the favoritism that you might think would make him the guy in no hurry to go through all that stuff (until that moment I really did believe that I’d been advantaged with a better mother and all sorts of other stuff that justified a lifetime of cutting slack I never wanted to believe was favoritism for my brother) but also he raised the idea (of declaring him unfit) a month after Dad executed said will favoring my brother.
Execuhole had to tell him incompetence invalidates recently-executed wills. No shit. If I was making up fiction I would make it up easier to believe. He’s a half brother nine years younger who I evidently should’ve strangled in his crib but I was instead never anything but stupid enough to be protective toward. He hadn’t even stayed until the old fucker drew his last breath so if that’s who Dad wanted for a favorite they definitely deserved one another.
@@Zarathustran dang dang unreal
Jeez
Ppl really get weird when it gets down to valuable stuff
...or something that explodes 💥
Fill it up with sand. That would be fun to see when they open it.
Is just a locker box then. If employees can’t open any of the box. Then all they’re going to say is she forgot to close her box and locked it.
I am suspicious of the story especially with keeping 25 years worth of savings in there.
That is so sad. People suck!
Hear hear.
70k cash...seriously women. put it in the savings! only a manager would know whats in the contract.
They should only be advertised as unsafe deposit boxes.
What, NOW...??!?
whom can you sue?
How can you prove THEIR Liability?
Are there cameras?
What is the security protocol?
Unacceptable.
Why would someone store paper cash for 40 years in a box? It's constantly losing value. Over that period there were bank accounts that paid over 10% interest in certain years. Her cash paid 0%. How is that sensible?
It's all fun and games till a hacker or someone who you may have thought you trusted gets into your account, then you will have wished you had a safety deposit box. Trust me, I KNOW!!. It's pros and cons to it. But even though it may not make any interest on your behalf, It's still there, and no one is getting into it unless it's the banks themselves that steal from you.
hiding it from possible divorce , or cheap spouse . getaway cash
"The bank is not responsible...."
Thats their license to steal.
And you better believe, I bet someone was responsible.
.....The bank knows who did this & they're shutting up & lawyering up. If a bank is selling safe deposit box rentals they should be held liable for everything they store. Period.
Or they should not call them safe deposit box rather non-liable deposit boxes!
@@bigtip8371 Or UNsafe deposit box!
I used to work for a bank. It’s true that the bank needs the customer key in order to open the box. If the customer loses their key then the only option is the customer pays a fee and the bank calls a company like Stanley to come out and drill open the box to retrieve the contents. And it’s also true that the safe deposit boxes are not insured.
i thought the banker escorts you into the lock box area with their key and along with your key, that opens the outer door to your box. then you slide out your covered box and are escorted into a private area to access the contents and when you're done the reverse occurs......?
Well at least that's what they do in the movies, friend. But I've never had a bank box so I don't know.
What you are saying is right. Some banks have gone to 1 key opening, no bank key. They open the door for you, show you your box, and you open it. The customer is given 2 keys when they rent a box. Where is her other key?
Niga been watching Bourne identity too many times
That is true, need 2 keys and ID. Security cameras everywhere in my bank. Put cash in bearer bonds.
25 years of paying for a SDB.... thats a lot of money
for the same money you can buy a huge safe and mount it in your basement
@@happycamper4483 I agree. safety first
@@TruthDefender Yes. FYI- The homeowner that died the Safe in his basement was empty 😢. Some guy who visited his home once, saw it and planned the home invasion.
@@happycamper4483 1 Timothy 6:10
For the love of money is the root of all evil:...
The bigger question is, why would you pay to rent a box to store 67k in cash? Even the worst savings account would pay you interest to put that money in there. Better yet, invest it and at least have your savings keep pace with the market. Hearing about someone keeping that kind of cash under the radar raises all kinds of alarm bells for tax evasion or some sort of criminal activity
Cash in the box is not known by the IRS,by your spouse or anyone else who might be interested in it.
To hide it.
How did she lose her stuff inside the safe box? The bank requires two ID's, signature and customer's key with the bank's key to open the safebox. It doesn't make sense.
So the bank isn’t liable when one of their employees steals from a customer? They’re the only other ones that have access to the boxes besides the customer
An experienced lock picker like "The Lockpicking Lawyer" could open the box before you could get the key out of your purse.
Check his YT videos.
Click outa 3 and we're in unless it's a master lock he just looks at those locks and they unlock
3:04 The box requires two keys to open. So what? There are people out there who can pick most locks in a few seconds. I bet an employee picked the locks and emptied the box long ago. The key question is, was anyone else robbed? Can the victim actually prove she had the money in the box? If no one saw her putting the stuff in there, how can we trust what she's saying is true?
Those locks are lever locks, which are super hard to casually pick. Plus, wouldn't more customers report the same issue? I can't imagine a bank employee targeted this one woman's box, especially since the bank doesn't keep a record of the contents for this very reason.
........Are they being for real? Well god damn why are they called SAFETY Deposit boxes then? Might as well call them "Come steal all my valuable shit box"
It's business haha
The box underneath the woman's box had a problem and they accidentally drilled it and moved her content elsewhere. Another reason to include a labeled with the box number and the name of the owner on the steel box you place inside the safe.
Good information. Will probably happen more often as our society continues to collapse.
"IF YOU DON'T HOLD IT, YOU DON'T OWN IT!!"
I too had my chase bank safety deposit box compromised and when I complained to the bank manager about it and he got really angry at me and kicked me out of the bank. Literally. He closed out my account and I am now banned from being able to even have an account there! They, however, still carry the mortgage on my house....
they got angry cause they were in on it
Colonel Sanders kept a wall safe in his office, but kept the recipe for the chicken in a cut out behind the door frame because he didn't think the recipe was safe inside of the safe.
why is she keeping $67k in cash and not just putting it in a bank account that is FDIC insured???
And also only $67k in 40 years? That is a little over $100 a month each month. You won't really be able to do much with $67k these days if you are not working
This whole thing makes no sense at all. 1. It's true that the customer key and the bank key is required. 2. The contents aren't insured because the bank has no idea what's in the box. The customer controls the contents 3. In the absence of a key a locksmith must break into the box vault. 4. Locksmith break ins are scheduled, controlled and recorded. 5. Entry to the box is via signature verification. 6. Break ins take place for a few reasons: death, key loss, abandonment. 7. The box owner had 2 keys in case they were lose one of theirs and both are exclusively under the owner's control. 8. The bank interior has surveillance.
There are a LOT of safeguards in place.
Thank you. Your comment is structured, complete, and reasoned....a rarity in comment sections.
This is a shame. I'm confused though, why would one store cash inside a box at a bank rather than just putting it into a deposit account?
Creditors!
Money laundering maybe
Unreported income? It makes no sense to put that much money in a place where it doesn't collect interest.
DE[osit ac counts are more easily confiscated by the bank or government and will take a lot of time to recover your losses even if insured.
Many of the Smart Money store cash at home, etc. to be able to buy bargains or food WHEN the SHTF .... probably in autum of 2021 if our president keeps robbing the national already empty piggy bank
For privacy. The government can always easily find out how much one has in any account by contacting the bank. For a safe deposit box, it will require them to go through additional steps to open the box. Furthermore, with today's pitiful interest rates, it makes little sense keeping money in a bank when inflation will just erode purchasing power.
The best way to keep valuables is to hide them in a very VERY difficult place to even begin for someone to find; and not tell ANYONE where they are. And if you die, well, that's for your relatives to try and find; it's not your problem anymore.
That the dumbest thing I ever heard. My Brother N Law Died. He had money hidden all over the house. I always wondered if we found it all.
There are dogs trained to sniff cash they're common @ airports
@ Larry - I'm sure his last thoughts as he passed were worrying if his parasite brother in law was going to get every last crumb of his money he left behind...
@@scottaveles6900 ikr.
Don't keep cash in a safe deposit box. It is generally a terrible idea
I work in a bank - it has two keys- employee side and customer side. It cannot be opened by just one side. In my experience, it’s usually when customers forget that they took everything. Mostly older ones.
and you can 100 % guarantee that every single employee at your bank is honest like you if you do you are lying to yourself and i there is going to be a master key for that lock you may not have access to it but someone does in the event that a customer dies or loses the key they have in the case of the police showing up with a warrant the manager can open any box in the bank this woman does not seem to be the forgetful kind to me nor is she suffering from any mental disease from what i saw wake up have a look at the real world anywhere there is money there will be crooks but the story has a point the banks are selling a lie a "safe deposit box that is anything but safe" use the money you would spend on a box and get a safe
@@kirkyorg7654 yes. Unless that employee brings a locksmith to drill it. Once it gets drilled, the locks would be different. There is no master key. There are also camera everywhere.
You rob a bank you get 10-20 years.
The bank robs you...they spit in your face and laugh.
why would you put cash in a box earning no interest
because it is untaxed cash. Black money.
pending divorce, nice to have a stash no-one knows about
@John Smith income tax. Roth ira money has already been taxed on your income. The money she had was hidden from the government. Untaxed.
The IRS
Sold pussy for 40 years
It has to almost certainly be an inside job. Some bank employee got a look at the stack of cash and somehow stole it. It does take two keys to open the box. A general key the bank has and an individual key for the renter of the box. But I can imagine an employee having duplicates made before the box was rented, and just bides their time until it looks like there is something really valuable in a box. Also there is the possibility that the renter does not turn their key in the lock properly, fails to lock their lock, and the bank employee observes this and waits for the opportunity to loot the box. You can get insurance from an insurance company, but then the contents are known, and probably only insured if the vault is physically entered illegally.
When renting boxes you are told that cash is not to be kept in it...lots of ppl hide $ in there
Yeah I was thinking that too, seems like a tax dodge to hide money in there, not too sympathetic for this woman
A month after my grandpa died in 1985 his bank sent him a letter saying his box was past due and if it wasn't paid in 30 days it would be drilled. so my grandma went down to pay it and they refused to take the money. they said only my grandpa could pay it in person. she had his DC and all his ID stuff plus their marriage certified. they still refused to let her pay. She got a lawyer the next day and he filed a suit to stop them from drilling the box. A judge agreed but the bank said they drilled it already " 3 weeks before it was to be drilled". they gave my grandma the stuff they said was init but was missing most of the stuff that was listed in an inventory sheet my grandpa left in it that was done by him and the bank manager. All of his medals from WWII were gone, a pocket watched that belong to his grandfather,, and gold coins he got in Germany off a dead German officer " that is a very long story". My grandmother never got any of the stuff back
What's the meaning of safe deposit box if it's not safe
I suspect a bank employee copied the banks key and entered the box. Is there stored camera footage, if so, that will tell the story.
Some times I wonder if the Insurance companies do this to sell more Insurance.
Safe deposit boxes normally have 2 keys, a guard key (the banks), and a customer key. The guard key is used first, then the customer's key is used to finish the opening. Some banks have gone to one key, the customer's key only. You show your key, sign a log, and go open your box. Most likely, someone had a copy of her key and forged her name. She needs to look at her own family.
The wall that constrains and contains the entire 'wall section' of safe deposit boxes is usually designed to be REMOVED as duing bank emergencies and national need. Dont store anything of value in a commercial bank vault
Assuming she even put the money in there. How do we know that for a fact? You are put alone in a small room to open and close your box. Neither she nor the bank has any proof the money was in there. She should have put that money into an investment account or at least a regular savings account that is insured by FDIC. I don't know if this woman is telling the truth or pulling a scam.
I noticed that immediately....I didn't see a 2 lock system.....only one. I was aware of those rules when I started my deposit box years ago. Really, they are about only good for storing important documentation and that's about it. Since during Co-vid I couldn't get into mine, I"m now thinking of just getting either a large safe or fireproof safety box and keep my stuff at home..... If you got cash....it's probably best to hide it at home....
If the bank was made to be accountable for the contents of those boxes, they would be a lot more careful about who is allowed to access them...
Why would she keep $67,000 cash in a safe deposit box? She would have been better off playing the stock market.