Homeless man turns in lost bag with $41,000

In a selfless act, he hands over a backpack filled with cash and American Express Travelers Cheques.

By Aimee Picchi Sep 16, 2013 12:55PM

Contents of the backpack that was found on September 14, 2013 outside of the South Bay Mall in Boston (© Boston Police Department via Facebook)What would you do if you lacked a roof over your head and found a backpack filled with $41,000? 


While that might seem like an ethics 101 question, it's a very real moral dilemma that faced a homeless man in Boston on Saturday, reports the Boston Herald.


The man, whom police didn't name, reportedly flagged down law enforcement officials and told them he found the bag in front of clothing retailer T.J. Maxx. But it didn't contain the usual contents of a book bag. Instead, inside was $2,400 in cash and $39,500 in American Express (AXP) Travelers Cheques. 


Of course, Travelers Cheques contain some measure of security, given that American Express will refund them if they're lost or stolen. And to cash one, stores require consumers to verify their signatures, which offers another level of security. 


The backpack's owner was identified by the Republic of China passport also found in the backpack, while police were contacted by a customer reporting he'd lost a bag with a large sum of money, the Herald notes. 


While it's not known what motivated the homeless man to turn in the cash-filled bag, research has demonstrated that altruism can help people lead healthier and happier lives. When people are struggling with their own problems, seeking ways to help others can be an effective way to alleviate stress, anxiety and even chronic pain. 


Follow Aimee Picchi on Twitter at @aimeepicchi. 


More on moneyNOW

Tags: AXP
45Comments
Sep 16, 2013 1:31PM
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Karma Credits!!!  May he be rewarded with 10 fold of fortune.  

 

:>)

Sep 16, 2013 2:09PM
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Speedy67.....The negative people are still sleeping......Homelessness does not mean you do not have intergity
Sep 16, 2013 2:13PM
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Great job by the individual! Someone in the area should offer him a job. He's and honest man.

"The person faithful in what is least is faithful also in much." Luke 16:10

Sep 16, 2013 1:37PM
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there are a lot of  good and honest people in the world and glad he did what he feels he needed to do. He prove who he is by what he did. May God bless him. Funny, no comment from people. figures.
Sep 16, 2013 2:12PM
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I hope he receives a reward from the owner of the backpack.  He did the right thing and good Karma goes a long, long way.  God bless you sir.
Sep 16, 2013 2:46PM
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There is still hope for this world of ours.God bless him!!
Sep 16, 2013 3:42PM
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How about saying the homeless  guy had good values  instead of saying 'it isn't known as to what motivated him'.  I am praying his own needs  will be met (like a job and a roof  ovet his head).
Sep 16, 2013 3:08PM
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I think it is sad that at the end of the article a psychological theory had to be given, like this just wasn't the right thing to do.  The bottom line is that there are demonstrations every day of the free will we have been given and the ways that people excercise it.  Just because someone does not have a roof over their head does not mean that they do not have better morals than many people.  As the article states in its' opening line, "What would you do"?

Sep 16, 2013 3:18PM
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I have to say that I admire this person. I don't know if I could easily do the same. It would really be a test.
Sep 16, 2013 6:01PM
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"While it's not known what motivated him to turn in the bag". Sad that society has come to this. We need "motivation" to do the right thing? Sad.
  God bless the homeless man, he is a much better man than many that I know, and that I blog with on MSN Auto.

Sep 16, 2013 6:28PM
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Let's hope the man is rewarded in some way.  Nice upper for the day.

 

Shirley In Oregon

Sep 16, 2013 5:27PM
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I am glad he turned the cash in. Somebody, somewhere will reward this genteman
Sep 16, 2013 3:31PM
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Good man, I hope the china man rewarded him well but somehow I doubt it will happen.
Sep 16, 2013 6:33PM
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I hope the owner of the money gives him a reward, but knowing how my mom was treated after finding $40,000 in bearer's bonds, I doubt it.  There are people out there that do good & their reward comes from within their own selves.  My mom returned the bearer's bonds & in returned didn't even get a thank you letter from a BIG COMPANY.  Obviously, this company overlooked this good deed because this company thought the amount of money was trivial.  Would my mom have returned this again?  Yes, because that was the kind of person she was & that is how she brought me up.
Sep 16, 2013 8:21PM
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May he be given a wealth that he may replenish.
Sep 16, 2013 5:54PM
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He did the right thing-many people would not have.  I hope the owner gives him the $2400.00 in cash as a reward.
Sep 16, 2013 7:14PM
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this man has class something lacking today in people homeless but still a class act WOW////
Sep 16, 2013 6:00PM
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 all we need is love, love, all we need is love. So sing this true tune as you go where you'll go and remember "all we need is love" and if we can truly learn to love one and other.. we won't have big wars, small wars, hunger, greed, depression, suicide; but what we will have is love and peace among us, brothers and sisters..it's up to us which way the world will spin..each and every one of us. So let's work together and love one and other, for a change, and see what kind of world we create..we'll read the good news together bcuz I love you too.
Sep 17, 2013 10:45AM
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Having been raised with good morals & values, I don't understand the hype of returning something someone has lost.  It's simply the way it should be.  
Sep 17, 2013 7:45AM
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While we all hope that the man be rewarded for his good deed, don't be too disappointed if he isn't because his reward is better coming from above. Any door that he good Lord opens for him.....no man can close. See, they are looking for a motive as to why this man did what he did and bla, bla, bla. I thank God everyday that He is not like man. May the good Lord bless him and open the heavens on his life from now on. May the downpour of blessings on his life from above be even more that what he himself can fathom or even contain, because he has a heart of gold. Amen
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