NFLer Ed Reed has $50,000 in cash stolen from car, opening up a lot of questions

  • Blog Post by: Michael Rand
  • February 13, 2014 - 12:44 PM


Free-agent safety Ed Reed reported $50,000 in cash stolen from his car Wednesday while visiting banks in Houston, the Houston Police Department confirmed Thursday morning. Reed, who played last season for the Houston Texansand New York Jets, told police he withdrew $50,000 from one bank and drove to another bank, presumably to make another transaction.

The future Hall of Famer left the money on the passenger seat of his gray 2006 Audi, registered in Florida. When he returned to the car, the passenger window was smashed and the money was gone, according to the police report.

The incident occurred around 3 p.m. The police report said the cash was in a "bag," although it was described as an "envelope" in another report, a police spokesperson said. Police believe Reed was followed from one bank to the next. The report didn't state why he was carrying such a large amount of cash. The investigation is ongoing.

OK, this begs a few questions.

We're no experts in massive bank transactions, but generally when we have withdrawn a large enough amount of money we've received a cashier's check instead of, you know, a sack/envelope of cash. Why on earth would you get that much money in cash?

Also: If you were going to transfer that much cash from one bank to another, why would you leave it in your car when you are apparently going into the next bank?

Or, the shorter question: Who leaves $50,000 just lying in a car, period?

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