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Woman Nearly Loses Her Newspaper-Wrapped Life Savings to Recycling Center

August 30, 1992

WAUKESHA, Wis. (AP) _ A woman nearly lost her life savings of $57,788 when the newspapers she stashed it in were taken to a recycling center.

The woman, who police refused to name, had hidden the cash, bonds and certificates of deposit in a stack of newspapers, which a relative unknowingly placed on the street for pickup.

″She thought she had everything in a safe spot,″ said police Sgt. Jeff Fulwiler.

The items were discovered Thursday in a leather folder by a sorter at the recycling center in Waukesha, a Milwaukee suburb.

″If he hadn’t spotted the stuff when he did, it would have continued up the conveyor belt and been baled in a 1,000-pound bale and then shipped off,″ said center manager Bill Ashby.

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