Man finds at least $40,000 in ammo boxes, returns it
The money was found inside eight ammo boxes in a Utah man's attic.
May 20th, 2011
02:51 PM ET

Man finds at least $40,000 in ammo boxes, returns it

Most people expect to find spiders or old boxes of junk in their attics. But a Utah man found at least $40,000 in cash.

Josh Ferrin recently purchased a home in the appropriately dubbed Bountiful, Utah, and noticed an access panel into the attic.  That's where he found the money, packed into eight ammo boxes, according to the Salt Lake Tribune.

After briefly pondering his own needs, including fixing his house and his car, he decided to do what was right.

“I couldn’t let myself consider the money mine,” Ferrin told the Tribune.  "(The previous homeowner) didn’t put it there for me. He put it there for a rainy day.”

It turns out the previous owner, Arnold Bangerter, was a father of six, who bought the home in the 1960s and had died in November.

“I knew he was a father, and I am a father, too. And I can understand thinking about the future and your children,” Ferrin said.

Ferrin tracked down Bangerter’s youngest son, Dennis, and his brother, Kay, who said they would split the money between the six siblings. He wasn’t sure how much money he handed over, because he stopped counting bills at $40,000, and there were stocks, bonds and about 50 pounds of coins in the ammo boxes.

“Hopefully, they won’t hide it in their ceiling,” Ferrin joked.

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Filed under: Utah
soundoff (52 Responses)
  1. NameAquiLlkjnhmnb

    I think I loss some $$$

    May 21, 2011 at 5:52 am | Report abuse | Reply
  2. Ellis from Panama

    I'm always willing to give a man some $$$$$. But he must earn it. Ok young man,pucker up.

    May 21, 2011 at 6:40 am | Report abuse | Reply
  3. Jaberwocky

    Quote: "wanna bet that Josh isn't .....an Obama voter?"

    I'd be willing to take that bet:

    http://www.joshferrin.com/blog/blog/2008/09/24/never-fear-mccain-is-here/

    May 21, 2011 at 8:35 am | Report abuse | Reply
  4. fernace

    So we have some who would & some who wouldn't. In a case like this when you own the property, the "crap" left behind belongs to the owner. Still, as broke as I am, I'd have to return it or at least look for the rigthful owner. Karmic payback is a beeyotch, I've heard!

    May 21, 2011 at 7:34 pm | Report abuse | Reply
  5. HelenHull102951

    GOOD JOB DUDE!!! Just goes to show that there is still good in the world... You will be rewarded for HONESTY.

    May 22, 2011 at 8:37 am | Report abuse | Reply
  6. banks

    MmmhhHh honestly I would keep the money I'm jus being honest its quiet obvious he didn't want his kids to have it and he didn't have a will sayin the money is there so sorry my house my treasure my keep

    May 22, 2011 at 12:22 pm | Report abuse | Reply
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