(Part 2 of 2)

One of the primary reasons for the government’s inability give back forgotten money to residents, they claim, is the fact that they cannot be located. 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 would be hard to find? Those names and the names of several other famous people are just a few of the names in the Cali missing money database and yet they have never been contacted by the employees in the California Unclaimed Money Division. They are all owed checks for unclaimed money by Cali amounting from hundreds to the thousands in Ms. Jolie’s case. This proves once again Cali state employees’ interest in holding this money in the general fund for use in balancing the budget deficits for as long as they can. As a matter of fact, there was recently a ruling by a federal judge on CA abandoned money, stating that the state was not trying hard enough to return it to its rightful owners and has temporarily halted the ability of the state to take and hold it until a new policy of returning it to the actual owners was adopted.

The total amount of unclaimed money in California averages $5 billion annually – imagine the amount of interest this earns for the state! Sacramento attorney Bill Palmer who has represented numerous cases involving CA unclaimed money, has said that the state’s program was supposed to be a lost and found for California residents. Instead, it was turned into a profit making ‘business’ in recent years.

The hold on the seizure of property by California has recently been removed and the new CA State Controller, John Chiang, is making extra efforts in the form of sweeping changes in improving how his office handles California unclaimed money. There is still a great need though for Californians and residents of all other states across the U.S. to learn about the presence of these properties and on how to perform a thorough search for them.

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State holding checks for big names – Las Vegas Sun
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/0-0fd=Rurl=http://www.lasvegassun.com/news/2009/feb/06/state-holding-checks-big-names/cid=0ei=N9CMSYKaMNbemQez3dGpCgusg=AFQjCNEZBP0cpT1Gp48-5k2npwmyZwb3ZwState holding checks for big names/abrfont size=-1font color=#6f6f6fLas Vegas Sun,nbsp;NVnbsp;-/font nobr14 hours ago/nobr/fontbrfont size=-1By Abigail Goldman Kate Marshall oversees Nevada’s bUnclaimed/b Property Division — basically, bmoney/b that’s owed to individuals or corporations by people or b…/b/font/div/font/td/tr/table

$6000 find attests to value of checking Cash Dash – The State Journal-Register
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/6-0fd=Rurl=http://www.sj-r.com/state/x1343965240/-6-000-find-attests-to-value-of-checking-Cash-Dashcid=1300416027ei=N9CMSYKaMNbemQez3dGpCgusg=AFQjCNFUMmS6WiYcQww0pzbKbfcH7gdGdw$6000 find attests to value of checking Cash Dash/abrfont size=-1font color=#6f6f6fThe State Journal-Register,nbsp;ILnbsp;-/font nobrFeb 3, 2009/nobr/fontbrfont size=-1These funds come from accounts collected by the state’s bunclaimed/b property division since August 2008 that need to be reunited with their rightful owners or b…/b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-1fd=Rurl=http://www.lexch.com/articles/2009/02/02/news/local/doc49870a5dcdbc5213998595.txtcid=1300416027ei=N9CMSYKaMNbemQez3dGpCgusg=AFQjCNFuHI_YsbcQ_K9Y5Qvf7ZTJo1oxnAHunt for owners going fine — really (98)/a font size=-1 color=#6f6f6fnobrLexington Clipper Herald/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-2fd=Rurl=http://www.sj-r.com/time_out/x309573942/-75-million-returned-in-08cid=1300416027ei=N9CMSYKaMNbemQez3dGpCgusg=AFQjCNHn6rjTTD5vU9R58VlVa-ZUkaG-SQ$75 million returned in ’08/a font size=-1 color=#6f6f6fnobrThe State Journal-Register/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?ie=UTF-8oe=utf-8rls=org.mozilla:en-US:officialclient=firefox-atab=wnncl=1300416027hl=ennobrall 5 news articles/nobr/a/font/div/font/td/tr/table

New York State May Owe You Money (NBC New York)
New York State has about 9 billion dollars in unclaimed funds waiting to be returned to its rightful owners.

Giannoulias to return over $216000 to La Salle County residents – Morris Daily Herald
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://www.morrisdailyherald.com/articles/2009/01/30/news/219cgrucashdash.txtcid=1298978737ei=N9CMSYKaMNbemQez3dGpCgusg=AFQjCNEY3MVkr1Fn6AF0mrgK8VslSbz2OgGiannoulias to return over $216000 to La Salle County residents/abrfont size=-1font color=#6f6f6fMorris Daily Herald,nbsp;ILnbsp;-/font nobrJan 30, 2009/nobr/fontbrfont size=-1Those claims could ultimately result in the return of $216530 in bunclaimed money/b and property. The claims and inquiries were originated Jan. b…/b/font/div/font/td/tr/table