What would you do if you found a large bag of money or a lost purse lying in the street?

If you find money, especially a significant amount, you should check your local laws or contact an attorney or the police. If a law requires that you turn over money you have found to the police and you do not do so, you could be charged with larceny or theft.

Should I return a lost wallet?

If you find a lost wallet, it becomes your moral and ethical duty to track down the owner and return his or her items safely. If you have found a lost wallet and are aware of the valuables you are holding in, it should be returned to its owner ethically.

What do I do if I can’t find my wallet?

Here’s what to do when you lose your wallet

1. Call the issuer of your debit card.
2. Call the bank that issued your checkbook.
3. Call your credit card companies.
4. Set up fraud alerts with the national credit bureaus.
5. Consider identity theft protection.
6. File a police report.
7. Replace your Social Security card.

What should I do if I find money in my wallet?

If the money is in a wallet, you should check for ID. If the wallet contains no ID but does have credit cards, you can call the customer service number on a credit card and the card company can contact the owner. You also should look inside a container of cash for any information it might contain about the owner.

How do I find out who owns a wallet with no ID?

If the wallet contains no ID but does have credit cards, you can call the customer service number on a credit card and the card company can contact the owner. You also should look inside a container of cash for any information it might contain about the owner.

What should I do if I find cash?

So technically, cash you find is not automatically yours. Many communities have local laws or ordinances governing what a person must do if he finds cash and does not know who it belongs to. These laws usually require that a person who finds money, especially larger amounts (for example $100 or more), turn it over to the local police.

What to do if you find money on the sidewalk?

You also can make your own efforts to identify or locate the owner of money you have found. If you find a $20 bill on the sidewalk, it is common courtesy to ask others walking nearby if they might have dropped the bill. There is always the risk that someone will say they dropped the money just to be able to claim it.