"The Accountant's Story: Inside the Violent World of the Medellín Cartel", Roberto Escobar.
> I know that Pablo was earning so much cash that each year we would simply write off approximately 10 percent of our money because the rats would eat it or it would be damaged beyond use by water and dampness.
Oh Ill one up that. Escobar in a rough spot literally burned millions of dollars to stay warm. "In addition, while his family was on the run in 1992–93, Escobar reportedly burned $2 million in order to keep his daughter warm."
I really just can’t believe they didn’t invest in some… cats…
Like, if there’s ever a description of zero fucks given, I think it would have something to do with letting that much money get ruined by rats.
I see multiple other replies of the citations so I won’t repost
@jdavis703 I’m doubtful. I don’t think you’re aware of the sheer ruthlessness of high level narcos… they will brutally kill a lot of people over the smallest grievances, theft of petty cash included. Nobody is stealing %’s of billions of stored money & getting away with it.
Eaten by rats sounds like an excuse thieves would tell their narco-terrorist boss. It’s like kids having their homework eaten by a dog right before the deadline. That’s to say, it’s likely a euphemism turned urban legend.
I dont want to disclose my background exactly here, suffice to say I was not involved in any illegal activity, but others I knew were, and rats and just rotting cash really are genuine concerns affecting large sums of stored or buried money.
Pay $20 for a Rubbermaid tub to protect hundreds of thousands of $$ seems like a reasonable tradeoff, except maybe it's hard to come by that many where they're hiding the money?
I confess I'm extremely ignorant in terms of what it takes to actually store money in bulk. But it seems like literally anything would be better than just letting it rot.
They often do actually! The pelican cases are quite popular for that purpose. But, like all things, they aren't totally fool-proof. Leaks happen. Even a small air-leak means moisture has an opportunity to condense and penetrate into the container and accumulate. Cracks happen, debris along the gasket, etc. etc.
Actually, a more common failure mode than rotting or rats is... simply forgetting where you buried it!
In Narcos, something similar happens. Some money that was buried was found by a farmer, some was lost, some rotted... Escobar preceded to violently murder the people that brought him the excuse.