Woman told her 100 million lire fortune is worth nothing

Published Friday, Mar 21 2014, 09:45 GMT  |  By  |  Add comment
We've all dreamt about winning big and spending our jackpot, but for Claudia Moretti that dream was cruelly snatched away.

After stumbling across a life-changing inheritance of 100 million Italian lire – around £43,000 – in cash, the bank was quick to tell her it was, in fact, worthless.

European banknotes including lire

© Rex Features / Didier Prix / Sunset

Old European banknotes including Italian lire

The Italian woman, a call centre worker from the town of Pesaro on the Adriatic coast, inherited her Uncle's home following his death along with his forgotten stash of cash.

But sadly for her, the fortune totaling 100 million lire was in Italy's old currency.

Italy has not used the lire since 2002 when it adopted the euro. Since 6 December 2011, the old currency can no longer be converted, meaning any existing coins and banknotes are now completely worthless.

Claudia and her lawyers challenged the bank's decision. But due to Italy's exchange deadline, the strictest out of all Eurozone countries, her case was unsuccessful, leaving 100 million smackers down the drain.

by Katie Storey

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