Thursday, October 20, 2011

One foreign investor who won’t be buying UK property……

Elderly immigrant loses his life savings after he puts bag with £70,000 in luggage hold on coach trip from Heathrow to Portsmouth

''An elderly National Express passenger was today counting the cost after his £70,000 life savings were stolen from a bag left in the coach's hold. The victim, a man aged in his 80s, had stowed the black hold-all stuffed with cash into the luggage area of the coach after getting off a flight at Heathrow Airport......The man had brought the money over from his home in Thailand with a view to purchasing a property in the UK, a spokesman for Hampshire Police said.''

Posted by hpwatcher @ 09:41 AM (1916 views)
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6 thoughts on “One foreign investor who won’t be buying UK property……

  • Sad, but it’s disgusting that practically the whole world is able to come into the UK to buy houses. No wonder house prices aren’t dropping much if things like that are going on.

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  • The headline says “immigrant”, but wouldn’t it be more likely to be a Brit who retired to Thailand at age 65 (so at least 15 years ago if he’s in his 80s now) and who is now in frail health and returning home to be closer to family? Still, carrying that much cash is just stupid.

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  • The headline says “immigrant”, but wouldn’t it be more likely to be a Brit who retired to Thailand at age 65 (so at least 15 years ago if he’s in his 80s now) and who is now in frail health and returning home to be closer to family?

    No I don’t think he would be.

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  • None of the other news sources describe him as an “immigrant”, they merely say he is 81 years old and has a house in Thailand. At the risk of stating the obvious, you can’t buy much housing for £70,000 even in Portsmouth.

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  • My immediate thoughts – “Money Laundering” as per several others in the comments section of the article.

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  • general congreve says:

    Did he really lose it? How did the thief know which bag to take? Oh, woe me, I’m a poor old man and someone stole my life savings. Cue story in national press, whip round from kind-hearted souls and hey presto, 70k! 🙂

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