National Association of Unclaimed Property

National Association of Unclaimed Property Administrators

What Is Unclaimed Property? News About Unclaimed Property Other Sources For Unclaimed Property Compliance Resources
Media About NAUPA State Government Member Login Contact Us
Home

MissingMoney.com

News

A Round-up of Unclaimed Property News

Michigan Department of Treasury launches new website making it easier to retrieve unclaimed
The Michigan Department of Treasury is making it easier to claim lost or abandoned items (most often money) with the launch of its new website. Before, claimants would have to submit forms through the U.S. mail system. Now, it's as simple as a few clicks, the department noted in a press release. - WSYM-TV

Claim your free money! Over $655 million in unclaimed property in Miami-Dade, Broward
You may be rich and not even know it. So start, uh... knowing! Florida's Chief Financial Officer announced that there is over $655 million in unclaimed property in Miami-Dade and Broward Counties alone, and he wants residents to claim it all. - WPLG

NBC10: Reuniting Warriors with Lost Treasures
Some heroes fought for our country, but now they're missing some of their most prized possessions: medals and honors they were awarded for their service. Now, the Pennsylvania Treasury Department is stepping up to reunite those heroes with their lost history. - NBC Philadelphia

Jury Finds Overstock.Com Guilty Of $3M Escheat Holdback
A Delaware jury took little more than a hour to find Overstock.com guilty of concealing nearly $3 million in abandoned gift card balances from Delaware's revenue agency, after a six-day whistleblower trial that could lead to a treble damages sanction. - Law 360

Kennedy Wants Unclaimed Retirement Funds Sent to States
U.S. Sen. John Kennedy wants federal officials to release billions of dollars in unclaimed retirement benefits to states, saying they're better equipped to try to locate the people owed the money. - U.S. News & World Report/AP

National Association of Unclaimed Property Administrators Helps Rightful Owners Collect Billions of Dollars in Lost and Forgotten Assets
Have you heard of the 87-year-old millionaire who buried a treasure chest containing millions of dollars' worth of gold and jewels? - badcredit.org

Here's How to Check If You Have Unclaimed Money or Property in DC, Maryland or Virginia
Usually, when it sounds too good to be true, it probably is. But your state government may be holding onto money and property from forgotten bank accounts, stock dividends or safe deposit boxes. Here's how you can check whether you've got missing money or unclaimed property out there: Each jurisdiction has an unclaimed property website. - NBC 4 Washington

Unclaimed Property Division breaks previous returns record with two months to go in fiscal year
With numbers from two months of the fiscal year still to be counted, the West Virginia Office of the State Treasurer reports that it has surpassed its previous record for the highest amount of unclaimed property returned. The Treasurer's Unclaimed Property Division works to return unclaimed property - financial assets that belong to an individual but have not been given to them, such as a forgotten utility deposit or final paycheck - to the rightful owners. - West Virginia News

More than $400K returned in unclaimed property
More than $400,000 was put back in the hands of Lauderdale County residents at the state treasurer's unclaimed property event in February. The event, hosted by State Treasurer Lynn Fitch, saw 135 claims processed for a total of $419,724.58. "The Lauderdale County Board of Supervisors is elated that $419,724.58 has been returned to the citizens of Lauderdale County," Lauderdale County Administrator Chris Lafferty said. - The Meridian Star

The state is selling diamonds: Unclaimed Iowans' property up for bid in eBay auction
Rare coins, a diamond wedding band set, a gold bracelet and other valuable property Iowans had long forgotten in safe deposit boxes are going up for bid in eBay auctions. State Treasurer Michael Fitzgerald acquired the items through the state's unclaimed property program, which collects more than $35 million annually in cash and an array of personal possessions. - Des Moines Register

More than $400K returned in unclaimed property
More than $400,000 was put back in the hands of Lauderdale County residents at the state treasurer's unclaimed property event in February. The event, hosted by State Treasurer Lynn Fitch, saw 135 claims processed for a total of $419,724.58. "The Lauderdale County Board of Supervisors is elated that $419,724.58 has been returned to the citizens of Lauderdale County," Lauderdale County Administrator Chris Lafferty said. - The Meridian Star

S.C. Treasurer Curtis Loftis names local residents who have unclaimed property
State Treasurer Curtis Loftis may be looking for you. That's because his office has nearly $51 million in unclaimed funds that belongs to people living in Charleston County. "Returning unclaimed property to its rightful owners is an important part of our work at the State Treasurer's Office," Treasurer Loftis said. "We know this money can make a meaningful impact on our citizens, local businesses, churches, schools and even non-profit organizations." - Moultrie News

State Treasurer's Office will auction off unclaimed memorabilia and coins in April
Does the State of Colorado owe you money? In February, News 5 Investigates revealed that the State Treasurer's Office is holding nearly a billion in assets that doesn't belong to them. The Great Colorado Payback program says its goal is to return the money to its rightful owners, but some people told us that getting their money back has been challenging. - KOAA-TV

Magaziner's "Your Money" Program Receives National Recognition
Treasurer Seth Magaziner's "Your Money" program received recognition from The Unclaimed Property Professionals Organization (UPPO). Rhode Island's Unclaimed Property program received UPPO's Members' Choice State Legislative Award for the YOUR MONEY program. - Go Local Prov

Score a piece of $1 billion in unclaimed property in KS, MO
You may have hundreds, possibly thousands, of dollars in unclaimed property. We're talking about the more than $1 billion in unclaimed property in Kansas and Missouri that no one has claimed. The state treasurers' offices are in charge of reuniting residents with their refunds. - KCTV-TV

Wisconsin matches owners with $8.9 million in unclaimed property
The Wisconsin Department of Revenue recently returned close to $9 million through its unclaimed property matching program, which uses the agency's tax records to locate owners of unclaimed property. The department sent 36,943 unclaimed property checks worth $4 million as well as 493 letters for properties worth more than $2,000. The letters have resulted in $5.9 million in matches. - WKBT-TV

Ask Ashley: Do you really need to give your SSN for unclaimed property?
One in ten Missourians have unclaimed property. www.ShowMeMoney.com is a free service where you can get your money. Plug in your name and see if there's anything for you. Kim emailed Ashley Reynolds and asked: It says I'm owed $669. I have to put in my social security number and other personal info, but I am hesitant to give out my information unless I'm sure this is legit and not a scam." - KY3

Florida has record-breaking month of unclaimed property returns
Florida's Chief Financial Officer Jimmy Patronis, announces a record-breaking month of unclaimed property returns. The CFO's office says during the month of February, the divisions total returns were valued at nearly 38-million dollars, exceeding a previous record by almost two million dollars. However, the state's office says in the Big Bend alone, there are roughly 163,000 accounts, with property worth more than $34 million, that remain unclaimed. WTXL-TV

Rep. Stuart to host 'I-Cash' event with Illinois State Treasurer's Office
To help connect local residents and business with unclaimed cash or property held by the state, state Rep. Katie Stuart, D-Edwardsville, is partnering with the Illinois State Treasurer's office for a free ICash event on Thursday, March 29 from 3 p.m. to 6 p.m. at the Caseyville Public Library, located at 419 S. 2nd St. in Caseyville. River Bender

Tennessee Treasury Unclaimed Property Goes On The Road To Reunite Tennesseans With Missing Money
The Tennessee Department of Treasury Unclaimed Property Division is traveling to events across the state to reunite Tennesseans with missing money. Last fiscal year, the Division returned a record-breaking 43,482 claims, resulting in $48 million in missing money returned to Tennesseans. - The Chattanoogan

Frerichs Speaks on Debate Over "Damaging Legislation" in Springfield
State Treasurer Michael Frerichs says lawmakers want to eliminate the use of auditors who oversee and help return unclaimed property to it's rightful owner. - NBC Chicago

S.C. Treasurer Curtis Loftis returns nearly $47,000 to Richland 2 School District
State Treasurer Curtis Loftis returned nearly $47,000 to Richland County School District 2 Wednesday, an increase of $10,000 more than the district thought it was to receive. On March 1, Loftis announced that his office had identified a total of $193,697.38 of unclaimed property for state school districts during a meeting of the S.C. Association of School Administrators. Money was available to 77 of the Palmetto State's 81 districts, with Richland 2 identified as having $36,354 in unclaimed property. - Cola Daily

Winnebago Public Library to host I-Cash program
The staff of Illinois State Treasurer Michael Frerich will hold an event about the I-Cash program from noon to 3 p.m. March 16 at Winnebago Public Library, 210 N. Elida St. - Rockford Register Star

Plan Sponsors Fail To Find 25 Million 401k Accounts
Between 2004 and 2013, plan sponsors failed to connect approximately 25 million retirement accounts with their employee owners. Most often, it occurred unintentionally as a result of workers switching jobs. The Government Accountability Office (GAO) recently outlined challenges that could be inhibiting workers from keeping track of accounts, along with concerns about a lack of guidance with regard to reuniting plan participants with unclaimed property. - 401K Specialist

Found money: How to retrieve unclaimed funds that may be owed you
You may be one of the lucky few to receive a letter telling you that you have unclaimed funds. Of course, you may have tossed the letter in the garbage thinking it was a scam. While that may be the case, it also may be perfectly legitimate. According to the National Association of Unclaimed Property Administrators (NAUPA), a total of $3.235 billion was returned to people in fiscal year 2015. - New York Daily News

Hartford event to reunite residents with unclaimed property
State Rep. Monica Bristow (D-Godfrey) will host an I-Cash event with the Illinois State Treasurer's Office to help connect constituents with their unclaimed property from 3-6 p.m. Monday, March 12, at the Hartford Public Library, 143 W. Hawthorne St. - Advantage News

WV Treasurer John Perdue returns proceeds as unclaimed property
State Treasurer John Perdue continued to see fruits from a consumer protection battle he has been waging for years, as a Morgantown man on Wednesday received a $17,034.26 check for life insurance policy proceeds. Albert Metz Jr. of Morgantown accepted the check on behalf of his mother's estate during a ceremony Wednesday, Feb. 21, in Monongalia County Commission chambers. His mother Adele Metz died without receiving benefits from a life insurance policy left her by her late husband Albert Metz Sr., who died in 1988. - The Independent Herald

S.C. Treasurer Curtis Loftis identifies about $200,000 in unclaimed property for S.C. Public Schools
State Treasurer Curtis Loftis identified nearly $200,000 in unclaimed funds for South Carolina school districts Thursday. Loftis identified $193,697.38 of unclaimed property, with money being made available to 77 of the Palmetto State's 81 districts during Thursday's meeting of the S.C. Association of School Administrators in Columbia. - Cola Daily

New York owes residents millions in unclaimed funds
More than $112 million in unclaimed funds are available to almost 200,000 New York residents in the 36th Senatorial District, lawmakers announced Thursday. The State Comptroller's office identified 199,945 residents from the Bronx and Mount Vernon. - ABC 7 NY

From Good Morning America/ABC News
'GMA' helps reunite people with unclaimed cash
Hospital discovers more than $90K in unclaimed funds, pays it forward

From The New York Times
Man Collects $763,000 He Thought Was a Scam
Imagine finding more than $700,000 under your couch cushions. That, essentially, is what happened to a man in South Carolina who received a phone call from the state treasurer, Curtis Loftis, informing him that he was entitled to more than $763,000 in unclaimed cash.

For a Fee, Seeking Owners of Unclaimed Money
Not long after his mother died in December 2010, John Sinclair said he began receiving calls from a company that claimed it had found money belonging to her, which it would divulge for a fee. Mr. Sinclair, a social worker outside of Cleveland, said he ignored the calls until a few months ago.

From Today on NBC
Are you owed money? Here's how to find out - without getting scammed
There aren't too many people who would say "no" to free money, but you may be skeptical if presented with the opportunity.

How to find your unclaimed money: Jean Chatzky explains
You've seen those ads saying you're entitled to "unclaimed funds"? Sometimes it's actually true!

From CBS News 60 Minutes
Life insurance industry under investigation
When you take out a life insurance policy, you pay premiums in the expectation that when you die your spouse or your children will receive the benefit. But audits of the nation's leading insurance companies have uncovered a systematic, industry-wide practice of not paying significant numbers of beneficiaries.

Are You Owed Insurance Money? Here's How To Check
60 Minutes reports that states are collectively holding billions in unclaimed assets. Some of it could be yours.

From Inside Edition
Butcher Learns He is Owed $400,000 From Life Insurance Policy He Didn't Even Know Existed

Man Finds Out He Has $266,000 in Family Bank Account He Didn't Even Know Existed

Man Discovers He's Owed $97,000 From His Late Mom's Unclaimed Life Insurance Policy

Archived News Articles

The Information presented on this site is for information purposes only.
Copyright ©2018 National Association of Unclaimed Property Administrators. All Rights Reserved.