(Part 2 of 2)

The total amount of unclaimed money in California averages five billion dollars annually – imagine the amount of interest this earns for the state! Sacramento attorney Bill Palmer who has fought in numerous cases involving California unclaimed property, has said that the state’s department was intended to be a lost and found for California residents. Sadly, it was turned into a profit making ‘business’ in the past few years.

The hold on the seizure of property by California has now been removed and the new CA State Controller, John Chiang, is making extra efforts in the form of widespread reforms in improving how his office deals with CA unclaimed money. There is still a great need though for residents of California and the other 49 states across the U.S. to learn about the presence of these properties and on how to perform a thorough search for them and take back what belongs to them.

–

This money might be yours: County looking to hand out cash – Kane County Chronicle

This money might be yours: County looking to hand out cash Kane County Chronicle, IL - Aug 19, 2008 3 and will include a total of $47486 in unclaimed money. And an additional $98068 is available in various sums of less than $100. …

Illinois State Treasurer Sells Unclaimed Property On EBay (CBS News)
State Treasurer Alexi Giannoulias is committed to bringing the state of Illinois into the 21st century. His latest step toward modernizing the state was to make the auctioning of unclaimed property on eBay a permanent initiative. Beginning in August of 2007 the state began to place unclaimed items from safe deposit boxes up for bids on the popular online auction site.

Missing money could be just a click away – WRAL.com

Missing money could be just a click away WRAL.com, NC - Aug 18, 2008 But lots more money goes unclaimed every year – although most is just a free Internet search away. Almost $33 billion in unclaimed property sits in state …

(Part 1 of 2)

The California’s unclaimed property department takes in about three hundred million dollars annually. Why does it matter to you? Well, if you or anyone you know is or ever was a resident of the Golden State (or had any kind of business dealings, whether you were aware of it or not), some of that big heap of CA lost assets could very well belong to you!

Under the state of California unclaimed funds law, abandoned assets like forgotten savings and checking accounts, cash and stock dividends, mineral deposits, uncashed checks and money orders, state of California unclaimed tax refunds, salary checks, gift certificates, and other assets are handed over to the Treasury Department if their owners don’t come for them within a given period. This ‘dormancy period’ varies from state to state, but in CA it is 3 years. These abandoned assets then get moved to the CA unclaimed property div, where they sit in the state’s general fund until returned to the people they truly belong to. This is where state employees who handled CA unclaimed cash were criticized recently. It seems that they have been eager to locate and collect the lost assets from the various establishments holding them but but were less than enthusiastic about locating the owners in the CA unclaimed property records.

One of the main reasons for the government’s inability give back forgotten money to the people it belongs to, they claim, is that they cannot be tracked down. The issue is, who would think people like Jennifer Lopez, Victoria Beckham, Brad Pitt, Adam Sandler, Angelina Jolie ,Marlon Brando, Keanu Reeves, ZsaZsa Gabor and Gerri Halliwell could be hard to locate? Their names and the names of a number of other celebrities are just some of the names in the CA missing money database but they haven’t heard from the officials in the California Unclaimed Funds Division. They’re all owed checks for forgotten funds by CA amounting from hundreds to the thousands in Ms. Jolie’s case. This proves once again CA state officials’ interest in holding this money in the general fund for them to balance the budget deficit for as long as they possibly can. As a matter of fact, there was a recent ruling by a judge on CA abandoned money, stating that the state wasn’t trying hard enough to locate the rightful owners and for a while halted the ability of the state to take and hold it until a proper method of reuniting it with the actual owners has been adopted.

(to be continued)

–

State’s Dash for Cash tracks lost money (Lake County News-Sun)
Mary Mateja of Antioch was skeptical when she first learned the state was holding money for her. When her nephew found her name listed on the Cash Dash Web site, she wasn’t quite ready to leap into action to claim her money.

Unclaimed bodies a problem in Kane County (Daily Herald)
In tough economic times some families may find even the cost of a funeral is just too much to pay. As a result, Kane County officials are seeing a dramatic increase in the number of unclaimed bodies in their morgue.

State's Dash for Cash tracks lost money – Waukegan News Sun

State's Dash for Cash tracks lost money Waukegan News Sun, IL - 12 hours ago For a complete list of people with unclaimed money, read the Weekend Edition of the Lake County News-Sun. Names are published every August and February. …

Lots of property left to be claimed here in Butler County (Greenville Advocate)
Think there’s money somewhere with your name on it? You just might be right. Treasurer Kay Ivey announced Tuesday that over 1,900 listings with Butler County addresses are currently on the state’s unclaimed property database.

Unclaimed bodies a problem in Kane County – Chicago Daily Herald

Unclaimed bodies a problem in Kane County Chicago Daily Herald, IL - 2 hours ago What happens to those unclaimed bodies depends on how much money the coroner's office can locate to help handle the remains. "We fully believe every body is …

(Part 2 of 2)

One of the main reasons for the inability of government to return forgotten cash to the people it belongs to, they say, is that they can not be located. The problem is, who would think people like Angelina Jolie, ZsaZsa Gabor, Gerri Halliwell, Victoria Beckham, Keanu Reeves, Brad Pitt, Adam Sandler, Marlon Brando and Jennifer Lopez could be hard to find? Those names and the names of several other celebrities are just some of the names in the CA missing money database and yet they have not been contacted by the officials in the California Unclaimed Funds Division. They’re all owed checks for unclaimed money by CA ranging in amount from hundreds to the thousands in Ms. Jolie’s case. This just proves CA state employees’ interest in holding this cash in the general fund for them to balance the budget deficit for as long as they possibly can. In fact, there was recently a ruling by a federal judge on CA abandoned money, saying that the state was not making enough of an effort to return it to its rightful owners and for a while halted the ability of the state to take and hold it until a new policy of returning it to the rightful owners was enacted.

The total dollar amount for these funds in CA averages five billion dollars annually – imagine the amount of interest that earns for the state! Bill Palmer, an attorney in Sacramento who has fought in a number of cases involving CA unclaimed money, said the state’s program was supposed to be a lost and found for residents of California. Instead, it was turned into a profit generating ‘business’ in the past few years.

The hold on the taking of property by CA has now been removed and the new California State Controller, John Chiang, is making greater efforts in the form of widespread changes in improving how his office handles California unclaimed property. There is still a dire need though for residents of California and the other 49 states across the U.S. to be informed about the presence of these monies and on how to do a thorough search for them.

–

Missing money could be just a click away – WRAL.com

Missing money could be just a click away WRAL.com, NC - Aug 18, 2008 But lots more money goes unclaimed every year – although most is just a free Internet search away. Almost $33 billion in unclaimed property sits in state …

Unclaimed funds list released (Portsmouth Daily Times)
Ohio Department of Commerce Director Kimberly Zurz released a list of unclaimed funds in Scioto County, as part of the 2008 Unclaimed Funds Treasure Hunt, and it can be found on page A6 of today’s issue of the Portsmouth Daily Times.

AG: Site Claims Even Batman Has Unclaimed Funds – NewsNet5.com

AG: Site Claims Even Batman Has Unclaimed Funds NewsNet5.com, OH - Aug 12, 2008 Pennsylvania's attorney general filed a suit against an unclaimed money Web site, saying it tells everyone they have missing fund. …

(Part 1 of 2)

The California’s unclaimed property program takes in approximately 300 million dollars every year. Why should you care? Well, if you or someone you know is or ever was a resident of the Golden State (or ever had any type of business dealings, whether you knew it or not), some of that big heap of CA unclaimed money might very well belong to you!

Under the CA unclaimed funds law, missing money such as forgotten checking and savings accounts, uncashed checks and money orders, mineral deposits, salary checks, cash and stock dividends, state of California unclaimed tax refunds, gift certificates, and other financial assets are passed along to the Treasury Dept. if their owners don’t locate them within a given period. This ‘dormancy period’ varies from state to state, but in CA it is 3 years. These lost assets then get moved to the CA unclaimed property div, where they sit in the state’s general fund until they are returned to the rightful owners. This is where state employees who handled CA unclaimed cash were criticized recently. Seems that they have been all to happy to locate and take hold of the lost assets from the various establishments holding on to them but showed less interest in contacting the actual owners in the CA unclaimed money list.

(to be continued)

–

This money might be yours: County looking to hand out cash – Kane County Chronicle

This money might be yours: County looking to hand out cash Kane County Chronicle, IL - 16 hours ago 3 and will include a total of $47486 in unclaimed money. And an additional $98068 is available in various sums of less than $100. …

Unclaimed property lines state of Georgia’s pockets (The Florida Times-Union)
The Georgia Department of Revenue has $684 million in unclaimed property.

AG: Site Claims Even Batman Has Unclaimed Funds – NewsNet5.com

AG: Site Claims Even Batman Has Unclaimed Funds NewsNet5.com, OH - Aug 12, 2008 Pennsylvania's attorney general filed a suit against an unclaimed money Web site, saying it tells everyone they have missing fund. …

Oak Forest collects $108000 found at fatal fire – Southtown Star

Oak Forest collects $108000 found at fatal fire Southtown Star, IL - 19 hours ago The item said nothing about recovery of money or how much, only that the city was taking possession of unclaimed property pursuant to state law. …

Unclaimed checks total nearly $1.4 (KPLC Lake Charles)
Associated Press – August 17, 2008 6:44 PM ET LAKE CHARLES, La. (AP) – There’s a lot of unclaimed money in Calcasieu Parish. Nearly 4,700 senior citizens in Calcasieu Parish have not…

(Part 2 of 2)

The total dollar amount for these funds in California averages $5 billion annually – just imagine how much interest that generates for the state! Bill Palmer, an attorney in Sacramento who has fought in a number of cases involving CA unclaimed funds, sad that the state’s department was created to be a lost and found of sorts for Californians. Instead, it has been turned into a profit earning ‘business’ in recent years.

The hold on the seizure of property by CA has now been lifted and the new CA State Controller, John Chiang, is making extra efforts in the form of sweeping reforms in improving how his office deals with California unclaimed property. There’s still a dire need though for Californians and Americans in all states across the U.S. to be informed about the presence of these monies and on how to do a thorough search for them and take back what belongs to them.

–

Legal Aid worker says callers confused about stimulus checks – ENC Today

Legal Aid worker says callers confused about stimulus checks ENC Today, NC - 5 hours ago Stephanie Allen, a paralegal at the New Bern Legal Aid office, said phones calls had flooded the switchboard seeking help finding unclaimed money. …

Prospects improved for expansion of bottle bill – Newsday

Prospects improved for expansion of bottle bill Newsday, NY - Aug 17, 2008 … after subtracting receipts from unclaimed deposits. He acknowledged there's also money in recycled aluminum, about 3 cents a can, and something for …

Missing money could be just a click away – WRAL.com

Missing money could be just a click away WRAL.com, NC - 7 hours ago But lots more money goes unclaimed every year – although most is just a free Internet search away. Almost $33 billion in unclaimed property sits in state …

Kiwis reclaim billions from Australian superannuation – 3 News NZ

3 News NZ

Kiwis reclaim billions from Australian superannuation 3 News NZ, New Zealand - 21 hours ago The Australian government estimates kiwis could have up to five billion NZD sitting unclaimed in pension funds. Finance experts expect many kiwis will want …

(Part 1 of 2)

The state of California’s unclaimed funds department takes in approximately three hundred million dollars every year. Why should you care? Well, if you or someone you know is or has been a resident of the Golden State (or had any kind of business dealings, whether you knew it or not), some of that big heap of CA lost assets could easily belong to you!

Under the California unclaimed property law, abandoned assets like forgotten checking and savings accounts, uncashed checks and money orders, mineral deposits, salary checks, cash and stock dividends, state of California unclaimed tax refunds, gift certificates, and other financial assets are turned over to the Department of the Treasury if the rightful owners don’t come for them within a given time period. This ‘dormancy period’ varies from state to state, but in CA it is three years. These forgotten funds then go to the California unclaimed property division, where they wait in the state’s general fund until they are returned to the rightful owners. This is where state employees who handled CA unclaimed cash were criticized recently. Seems that they were all to happy to track down and collect the lost funds from the establishments holding on to them but but weren’t so keen on tracking down the owners in the CA unclaimed funds list.

One of the primary reasons for the inability of government to return forgotten cash to residents, they say, is the fact that they can not be tracked down. The problem is, would would ever think that people like Jennifer Lopez, Victoria Beckham, Brad Pitt, Adam Sandler, Angelina Jolie ,Marlon Brando, Keanu Reeves, ZsaZsa Gabor and Gerri Halliwell would be hard to locate? Those names and the names of several other famous people are just a few of the names in the CA missing money database but they have not been contacted by the officials in the California Unclaimed Property Division. They are all owed checks for lost assets by CA amounting from hundreds to the thousands in Ms. Jolie’s case. This proves once again CA state officials’ interest in holding this money in the general fund for use in balancing the budget deficits for as long as they can. In fact, there was recently a ruling by a federal judge on CA abandoned money, stating that the state wasn’t trying hard enough to locate the rightful owners and for a while halted the state’s s ability to seize it until a better policy of reuniting it with the actual owners has been adopted.

(to be continued)

–

Unclaimed checks total nearly $1.4 (KPLC Lake Charles)
Associated Press – August 17, 2008 6:44 PM ET LAKE CHARLES, La. (AP) – There’s a lot of unclaimed money in Calcasieu Parish. Nearly 4,700 senior citizens in Calcasieu Parish have not…

Money Q&A: CDs, inheriting houses, and unclaimed money – New York Daily News

Money Q&A: CDs, inheriting houses, and unclaimed money New York Daily News, NY - Aug 10, 2008 Q. I found my name on a list of people owed unclaimed money. What do I need to do to have it sent to me? A. In New York, unclaimed property (a dormant bank …

Do you have unclaimed cash? – WZZM

Do you have unclaimed cash? WZZM, MI - Aug 10, 2008 Online databases for unclaimed cash are frequently used by individuals hoping to get their hands on unclaimed money, but governments, businesses and even …

(Part 2 of 2)

One of the main reasons for the government’s inability give back forgotten money to the people it belongs to, they claim, is the fact that they can not be tracked down. Problem is, who would think people like Jennifer Lopez, Victoria Beckham, Brad Pitt, Adam Sandler, Angelina Jolie ,Marlon Brando, Keanu Reeves, ZsaZsa Gabor and Gerri Halliwell would be difficult to locate? Their names and the names of several other famous people are just some of the names in the Cali missing money database but they haven’t heard from the officials in the California Unclaimed Money Division. They’re all owed checks for lost assets by Cali ranging in amount from hundreds to the thousands as in the case of Angelina Jolie. This just proves Cali state employees’ interest in keeping this cash in the general fund for use in balancing the budget deficits for as long as they possibly can. In fact, there was a recent ruling by a judge on CA abandoned money, saying that the state was not making enough of an effort to locate the rightful owners and for a while halted the state’s s ability to seize it until a better policy of reuniting it with the rightful owners was enacted.

The total dollar amount for these funds in California averages five billion dollars annually – imagine the amount of interest that accrues for the state! Sacramento attorney Bill Palmer who has represented a number of cases involving CA unclaimed funds, has said that the state’s department was supposed to be a lost and found for California residents. Instead, it was turned into a profit earning ‘business’ in the past few years.

The ban on the taking of property by California has now been lifted and the new California State Controller, John Chiang, is making extra efforts in the form of widespread changes in improving how his office handles California unclaimed money. There’s still a great need though for residents of California and the other 49 states across the U.S. to be informed about the presence of these properties and on how to do a thorough search for them and take back what belongs to them.

–

Almost $500000 in stimulus payments unclaimed in McLean Co. – Bloomington Pantagraph

Almost $500000 in stimulus payments unclaimed in McLean Co. Bloomington Pantagraph,  USA - Aug 15, 2008 In McLean County, 1590 people have failed to take advantage of payments, for a total of $477000 in unclaimed money. Of that total, 1248 individuals live in …

Tax checks stay unclaimed (8/17) (Lake Charles American Press)
Nearly 4,700 senior citizens in Calcasieu Parish have not claimed their economic stimulus checks, with more than half of those living in Lake Charles.

Unclaimed State has a treasure's worth of assets waiting for owners – Evansville Courier & Press

Unclaimed State has a treasure's worth of assets waiting for owners Evansville Courier & Press, IN - 1 hour ago And if the owner, Angelo Jawabreh, wants the money, all he has to do is claim it. To see a list of unclaimed property the state obtained in 2007, …

Almost $500,000 in stimulus payments unclaimed in McLean Co. (The Pantagraph)
BLOOMINGTON — Your neighbors might just throw their money in the garbage. Thousands of Central Illinois residents are among the 5 million seniors, disabled veterans and other disabled Americans who have yet to file a 2007 tax return to take advantage of the government’s economic stimulus rebates.

(Part 1 of 2)

The state of California’s unclaimed property department takes in approximately $300 million each year. What’s it to you? Well, if you or someone you know is or was a resident of the Golden State (or ever had any type of business dealings, whether you were aware of it or not), a chunk of that big heap of Cali missing money might very well be yours!

Under the state of California unclaimed property law, missing money like forgotten savings and checking accounts, cash and stock dividends, mineral deposits, uncashed checks and money orders, state of California unclaimed tax refunds, salary checks, gift certificates, and other assets are passed along to the Treasury Dept. if the rightful owners don’t locate them within a certain time period. This ‘dormancy period’ varies widely from state to state, but in Cali it is 3 years. These lost assets then head to the CA unclaimed property division, where they sit in the state’s general fund until they are returned to the people they truly belong to. This is where state employees in-charge of the Cali unclaimed cash were recently criticized. It seems that they were eager to track down and take hold of the lost assets from the establishments holding them but but were less than enthusiastic about locating the actual owners in the Cali unclaimed funds list.

(to be continued)

–

Absa debuts cardless ATM – ITWeb

Absa debuts cardless ATM ITWeb, South Africa - 20 hours ago “Unclaimed funds are automatically returned to the sender's account after a period of 30 days.” Klein says there are a number of potential users who could …

Campaign to ensure elderly take up benefits … as £4.5bn lies unclaimed (The Herald)
A scheme to improve the take-up of benefits among older people across Scotland was launched yesterday by a leading charity. More than £4.5bn worth of benefits is currently lying unclaimed in Britain, according to Age Concern Scotland.

Education funding in jeopardy – The Salinas Californian

Education funding in jeopardy The Salinas Californian, CA - 9 hours ago "Federal funding available to be used by California school districts could go unclaimed unless our state legislators and Governor Schwarzenegger work …

More than 800 Fulton County residents owed nearly $250,000 in economic stimulus rebates (The Canton Daily Ledger)
While a tough economy has many people struggling to balance the soaring costs of gas, food, and health care, more than 800 Fulton County residents have failed to take advantage of their economic stimulus rebate — leaving an estimated $246,900 unclaimed, according to David Irwin, manager of communication, AARP Illinois.

Treasurer’s office looking to return residents’ money (Northwest Herald)
CRYSTAL LAKE – The office of Illinois State Treasurer Alexi Giannoulias will help area residents claim lost, forgotten and abandoned funds Wednesday at McHenry County College, 8900 Route 14.

(Part 2 of 2)

The total amount of unclaimed money in CA averages five billion dollars annually – imagine how much interest this generates for the state! Bill Palmer, an attorney in Sacramento who has battled in a number of cases involving California unclaimed money, sad that the state’s program was supposed to be a lost and found for residents of California. Instead, it has been turned into a profit earning ‘business’ in the past few years.

The ban on the seizure of property by CA has since been lifted and the new California State Controller, John Chiang, is making extra efforts in the form of sweeping changes in improving how his office is handling California unclaimed property. There’s still a dire need though for Californians and Americans in all states across the U.S. to learn about the presence of these monies and on how to do a thorough search for them and take back what belongs to them.

–

Cardless ATM service launched – MyADSL

Cardless ATM service launched MyADSL, South Africa - 17 hours ago The recipient can then easily withdraw the money by using the withdrawal number, access code and the specified amount. Klein pointed out that the withdrawal …

Money Q&A: CDs, inheriting houses, and unclaimed money (New York Daily News)
Q. I have a certificate of deposit in my individual retirement account that is maturing. What are the plusses and minuses of rolling it into my company’s 401(k) plan or into a Roth IRA?

Friday Zeitgeist – National Post

Friday Zeitgeist National Post, Canada - 1 hour ago Apparently not: In the past year, the Texas Lottery has funded US$12.5-million worth of after-school programs with unclaimed winnings. …

(Part 1 of 2)

The California’s unclaimed funds program takes in roughly 300 million dollars each year. What’s it to you? Well, if you or someone you know is or has been a resident of the Golden State (or ever had any type of business dealings, whether you knew it or not), a chunk of that big heap of California forgotten funds could easily be yours!

Under the California unclaimed property (or escheat) law, missing money such as forgotten savings and checking accounts, cash and stock dividends, mineral deposits, uncashed checks and money orders, state of California unclaimed tax refunds, salary checks, gift certificates, and other assets are turned over to the Department of the Treasury if the rightful owners don’t locate them within a given time period. This ‘dormancy period’ varies widely from state to state, but in California it’s three years. These unclaimed monies then get moved to the California unclaimed property division, where they stay in the state’s general fund until they’re returned to their rightful owners. This is where officials working for the state who handled California unclaimed cash were recently criticized. It appears that they were all to happy to track down and collect the lost assets from the establishments holding on to them but but weren’t so keen on locating the actual owners in the California unclaimed money database.

One of the primary reasons for the inability of government to return forgotten money to residents, they claim, is that they can’t be tracked down. The issue is, would would ever think that people like ZsaZsa Gabor, Angelina Jolie, Victoria Beckham, Gerri Halliwell, Brad Pitt, Keanu Reeves, Jennifer Lopez, Adam Sandler and Marlon Brando could be difficult to locate? Their names and the names of a number of other famous people are just some of the names in the California missing money list and yet they have not been contacted by the employees at the California Unclaimed Property Division. They’re all owed checks for forgotten funds by California amounting from hundreds to the thousands in Ms. Jolie’s case. This proves once again California state officials’ interest in keeping this money in the general fund for them to balance the budget deficits for as long as they possibly can. In fact, there was a recent ruling by a federal judge on CA abandoned assets, stating that the state was not trying hard enough to locate the rightful owners and has temporarily halted the ability of the state to take and hold it until a proper method of returning it to the actual owners was enacted.

(to be continued)

–

Treasurer’s office looking to return residents’ money (Northwest Herald)
CRYSTAL LAKE – The office of Illinois State Treasurer Alexi Giannoulias will help area residents claim lost, forgotten and abandoned funds Wednesday at McHenry County College, 8900 Route 14.

Do you have unclaimed cash? – WZZM

Do you have unclaimed cash? WZZM, MI - Aug 10, 2008 Online databases for unclaimed cash are frequently used by individuals hoping to get their hands on unclaimed money, but governments, businesses and even …

100-Year-Old Receives $54 In Unclaimed Money – WHNS

100-Year-Old Receives $54 In Unclaimed Money WHNS, SC - Aug 8, 2008 SPARTANBURG, SC — State Treasurer Converse Chellis personally delivered a check to someone with unclaimed property on Thursday. … 100-Year-Old Receives $54 In Unclaimed Money WHNS all 2 news articles