Homeless Man Finds $77,000 While Bathing Himself In The City River

Published On: Sunday, December 23, 2012 4:10 AM
By: Helene Fox
Timothy Yost
When Timothy Yost, 46, visited a Texas park he had no idea how fortunate he would be.

Yost went to wash his feet in the Colorado River when he found a bag, which just so happened to be worth $77,000.

The mysterious bag contained South African coins along with wet cash that he then took to a local bank to cash in. However, the bank teller became suspicious and called the authorities who confiscated the bundle and began an investigation of its origins.

Bastrop Police Chief Michael Blake said, “Under common law in Texas, typically if it is buried and we are not able to find the rightful owner for the funds within the prescribed time period, then the finder of the funds can petition to be awarded those funds.” And following a vote at the Bastrop city council last night, the lucky homeless man was told he could keep the stash.

However, Mr. Yost was left having to celebrate his new found wealth in prison.
He has since been jailed for public intoxication and criminal trespass, but this is certainly something to look forward to once released.