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What can you do if money is missing/stolen from a wallet?

Personal Finance & Money Asked on October 1, 2021

I have found out just now that my mother has lost a decent lump of money (in my terms, $55 to $70) and it couldn’t have just randomly disappeared. I am kind of concerned as my mother is and kind of want to know what to do. I dont know if it fell out of her wallet, or someone stole it from her. We sadly didn’t record the serial numbers so we have assumed that its gone for good.

I dont really know what to do and kind of stressed.

One Answer

Sorry, but there is really nothing much you can do; consider it gone and learn to be more careful.

The police might file a report, but it is doubtful if you don’t have clear info when and where it happened - what would you expect them to do? They can hardly question anyone that was within five miles over the last two weeks or so. Also, the amount is too small to be of relevance (maybe it is relevant for your Mom, but not for the general public and the police).
Overall, you can only waste many hours with police and insurance, to get nothing from it.

Correct answer by Aganju on October 1, 2021

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