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A woman from Australia chopped up nearly one million euros in cash before her death

A woman from Australia chopped up nearly one million euros in cash before her death. The 85-year-old also cut up documents for a number of savings accounts. Actions were only uncovered after she died in an Austrian retirement home.
 
Grandmother shredded her fortune of 950,000 euros because she didn't want to leave it to her relatives. An 85-year-old woman shredded nearly one million euros in cash in an apparent move to stop her family inheriting her fortune.The grandmother also cut up savings accounts books before her death in an Austrian retirement home. But the woman's surviving family will have the last laugh as the country's central bank has pledged to replace the 950,000 euros (£680,000) she destroyed. The cut up money and bank documents were only discovered after she died, prosecutors said. State prosecutor Erich Habitzl confirmed the discovery but said there was nothing he could do for the relatives.

He said: 'The damage of the money in the woman's property is not a criminal matter, so we have not begun any investigation.' But the deputy head of the country's central bank's cashier division, the Oesterreichische Nationalbank (OeNB), has said it will replace the money. Friedrich Hammerschmidt told Local newspaper : 'If the heirs can only find shreds of money and if the origin of the money is assured, then of course it can all be replaced. 'If we didn't pay out the money then we would be punishing the wrong people.'  

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