Former Mrs. Mick Jagger has been brought into court after a man found her $250,000 platinum ring in Austria. Reinhard Ringler (appropriate name) is suing human rights activist Bianca Jagger for his $12,000 reward.
Under Austrian law Ringler is due five percent of the value of the returned object. Jagger argues that he took too long to return the ring — she got it back in eight days. Jagger unsuccessfully offered to pay $11,000 to Amnesty International and $1,000 to Ringler's daughter.
Do you think mandatory reward laws should be enforced as a positive incentive to return lost property? Maybe I should move to Austria and start a business "finding" lost property and returning it for a reward.