Homeless Man To Keep Cash From River

0 Shares

BASTROP, Texas, (UPI) — Officials in Bastrop, Texas, said a homeless man jailed on public intoxication and criminal trespassing charges will receive the $77,000 he found in January.

The Bastrop City Council voted 6-0 to return the money to Timothy Yost, 47, who discovered the 70 $100 bills and 40 South African Krugerrand gold coins Jan. 18 on the banks of the Colorado River at Fisherman’s Park, and his attorney said he is expected to receive the money within 48 hours, the Austin American-Statesman reported Wednesday.

“It is a great day for Bastrop; it is a great day for Mr. Yost,” said Yost’s attorney, Aleta Peacock.

Peacock, who confirmed Yost is currently in jail, said she had filed a lawsuit asking for the money to be returned.

Bastrop City Attorney Jo Christi Brown told the council there was no evidence the money had come from illegal drugs or other crimes.

“The city wishes Mr. Yost the best of luck,” Mayor Terry Orr said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Join the Discussion

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.