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First, let your friend know that from now on, he's better off getting a safety deposit box at a bank *nobody can go in there unless there is a court order & someone has to know about it*.
If he's really paranoid, tell him to at least keep different amounts in different places in his house/appartment & better yet, if he can, to get a safe 'cemented' & solidified in a wall or floor. This way, it won't be so easy to take it and run.
Too bad, most insurances won't cover over $1000 cash in your home *that's if he even had insurance*
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