(Part 2 of 2)

The total dollar amount for these funds in California averages $5 billion annually – just imagine how much interest this generates for the state! Bill Palmer, an attorney in Sacramento who has battled in many cases involving CA unclaimed funds, has said that the state’s program was created to be a lost and found for residents of California. Sadly, it has been turned into a profit making ‘business’ in recent years.

The hold on the seizure of property by California has now been lifted and the new CA State Controller, John Chiang, is making greater efforts in the form of sweeping reforms in improving how his office deals with California missing money. There is still a great need though for Californians and Americans in all states across the U.S. to learn about the presence of these properties and on how to do a thorough search for them.

–

Old-fashioned detective work usually pays off better than offering rewards for information (Herald & Review)
DECATUR – Decatur Realtor Sherry Lewis was beaten and strangled Aug. 5, 1994, in a vacant north side house that she had an appointment to show, and after nearly 15 years, the $10,000 reward posted by her family for information leading to the arrest and conviction of her killer remains unclaimed.

You Might Be Rich: TV show that finds unclaimed money – In Entertainment
You Might Be Rich is a TV show that could not have come at a better time, the Dateline NBC show finds unclaimed money and then returns it to the rightful owners. The show was first aired last August and is hosted by NBC News reporter Tiki Barber …

House may add funds for neediest – Columbus Dispatch
• Prohibit districts from charging fees for instructional materials to low-income students who qualify for free lunch. • Increase the filing-fee surcharge for civil actions from $26 to $31, and have that surcharge apply to the filing fee for …

The lottery snatches back some prizes – Raleigh News & Observer
Some lottery winners have no luck. Before anyone can claim a big prize, state law requires lottery officials to first check on whether the winner owes the government any money. Lots do. The lottery snatches back some prizes Lottery play follows …

(Part 1 of 2)

The state of California’s unclaimed funds program takes in approximately three hundred million dollars each year. Why does it matter to you? Well, if you or anyone 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 pile of Cali forgotten funds could easily belong to you!

Under the California unclaimed property (or escheat) law, abandoned assets 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 passed along to the Treasury Dept. if their owners don’t come for them within a given period. This ‘dormancy period’ varies widely from state to state, but in Cali it’s 3 years. These unclaimed monies then get moved to the CA unclaimed property division, where they stay in the state’s general fund until they are returned to their rightful owners. This is where state officials in-charge of the Cali 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 contacting the owners in the Cali unclaimed funds records.

One of the primary reasons for the government’s inability give back forgotten cash to its owners, they claim, is that they can’t be located. 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 would be hard to locate? Those names and the names of several other celebrities are just some of the names in the Cali missing money list but they haven’t heard from the employees at the California Unclaimed Property Division. They’re all owed checks for unclaimed money by Cali amounting from hundreds to the thousands as in the case of Angelina Jolie. This just shows Cali state employees’ interest in keeping this cash in the general fund for them to balance the budget deficit for as long as they can. In fact, there was recently a ruling by a federal judge on CA abandoned assets, saying that the state wasn’t making enough of an effort to locate the rightful owners and for a while halted the ability of the state to seize it until a proper method of reuniting it with the rightful owners was enacted.

(to be continued)

–

Need money? You may have some coming (The Shawano Leader)
You may have money you didn’t even know about. Do you want to know how to retrieve it? The Office of the State Treasurer is printing names of people who have unclaimed funds in Wisconsin for 2008.

Combs: It’s your money, ask for it! (Del Rio News-Herald)
Texas Comptroller Susan Combs urged residents of Del Rio and Val Verde County to research unclaimed property and money that may be owed them during her visit here Friday.

State providing help in search for ‘lost money’ – Enid News & Eagle
State Treasurer Scott Meacham’s Unclaimed Property Division will participate in the Enid Home Show at the Chisholm Trail Expo Center this weekend to help attendees search for lost money. Staff members will be on hand throughout the show with laptop …

Dems vow to protect election fund money – Danbury News-Times
HARTFORD – After approving $13.5 million in cuts to the taxpayer-funded campaign-finance program over the last few months, majority Democrats this morning vowed to protect the remaining $42 million for the 2010 statewide elections and beyond. Senate …

One-half of Lotto’s P347-M jackpot prize still unclaimed – The Daily Tribune
Yesterday, April 23, marked the second month after the Philippine Charity Sweepstakes Office (PCSO) drew the biggest jackpot prize in nine-year history of local lotto drawing the winning six-number combination which paid a record P347-million prize …

(Part 2 of 2)

One of the primary reasons for the inability of government give back forgotten cash to the people it belongs to, according to the government, is that they can not be located. The issue is, would would ever think people like ZsaZsa Gabor, Angelina Jolie, Victoria Beckham, Gerri Halliwell, Brad Pitt, Keanu Reeves, Jennifer Lopez, Adam Sandler and Marlon Brando would be difficult to find? Those names and the names of a number of other famous people are just a few of the names in the California missing money database but they have not been contacted by the employees at the California Unclaimed Money 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 cash in the general fund for use in balancing the budget deficits for as long as they possibly can. As a matter of fact, there was recently a ruling by a judge on CA abandoned assets, saying that the state wasn’t 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 better policy of reuniting it with the rightful owners was adopted.

The total amount of unclaimed money in California averages $5 billion annually – just imagine the amount of interest that earns for the state! Bill Palmer, an attorney in Sacramento who has represented many cases involving California unclaimed property, said the state’s department was intended to be a lost and found of sorts for Californians. Instead, it was turned into a profit generating ‘business’ in the past few years.

The ban on the taking of property by CA has recently been removed and the new California State Controller, John Chiang, is making extra efforts in the form of sweeping reforms in improving how his office is handling California unclaimed money. There’s still a dire need though for Californians and residents of all other 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.

–

Government Might Owe You Money – KNx 1070
LOS ANGELES (KNX 1070 NEWSRADIO) — Congressman Brad Sherman has a link to a government list of unclaimed stimulus checks. CLICK BELOW To see if you are on the list of Los Angeles County residents who are owed tax money

You may have an unclaimed tax refund – Marketplace.publicradio.org
Bill Radke: If you’re rushing to finish your taxes today, much luck. A nice refund would be welcome. But did you know a lot of tax refunds go unclaimed? The government is sitting on tens of millions of dollars in uncollected refunds and economic …

$130,000 Lottery ticket unclaimed (The Daily Democrat)
The California Lottery is still on the lookout for a player who purchased a winning MEGA Millions ticket in Woodland one month ago and has yet to claim their prize.The ticket hit five of six winning numbers in the March 20 drawing, missing only the Mega number, and is worth $130,151.

Millions In 2008 Undelivered Tax Refunds Unclaimed – CBS 2 KCAL 9
Millions of dollars in undelivered tax refunds and stimulus payments from last year are waiting to be claimed by thousands of Los Angeles County residents, Rep. Brad Sherman said today. The IRS was unable to locate 4,702 taxpayers in the county who …

900 owed $2.2M – Wausau Daily Herald
Wisconsin Treasurer Dawn Marie Sass this spring will publicize the names of more than 54,000 state residents who collectively are owed more than $37.5 million in unclaimed property from 2008. The state is buying legal notices to publish local names …

(Part 1 of 2)

The state of California’s unclaimed funds department takes in about 300 million dollars each year. What’s it to you? Well, if you or anyone 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 California unclaimed money might easily belong to you!

Under the state of California unclaimed funds law, abandoned assets 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 financial assets are handed over to the Department of the Treasury if the rightful owners don’t locate them within a given period. This ‘dormancy period’ varies widely from state to state, but in California it’s three years. These abandoned assets then get moved 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 officials working for the state in-charge of the California unclaimed cash were recently criticized. Seems that they were all to happy to locate and take hold of the lost funds from the various establishments holding them but but were less than enthusiastic about contacting the owners in the California unclaimed property database.

(to be continued)

–

Wisconsin Residents Owed More Than $37.5 Million in Unclaimed Property (WSAW Wausau)
Might have you forgotten money? State Treasurer Dawn Marie Sass is printing the names of 54,000 Wisconsinites who have unclaimed property representing more than $37.5 million dollars.

Need money? Check unclaimed funds – Mansfield News Journal
If your tax refunds are less than what you had hoped and you could use some more money, when was the last time you checked to see if you had any other money out there just waiting for you to claim it? The Ohio Department of Commerce’s Division of …

John Kennedy: State treasury year in review – Shreveport Times
The mission of the Louisiana Department of the Treasury is to promote prudent cash management and investment strategies in the administration of state funds. Even in the midst of a national financial crisis, Fiscal Year 2008 proved to be another …

(Part 2 of 2)

The total amount of unclaimed money in CA averages $5 billion annually – imagine how much interest this earns for the state! Bill Palmer, an attorney in Sacramento who has fought in numerous cases involving California unclaimed funds, said the state’s department was intended to be a lost and found of sorts for Californians. Sadly, it has been turned into a profit generating ‘business’ in the past few years.

The ban 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 changes in improving how his office handles California missing 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 monies and on how to do a thorough search for them and take back what belongs to them.

–

State helps solve mystery of lost assets – Courier-Post
Tom Noe of Audubon recently read a Courier-Post newspaper and found his name listed among thousands of others in a legal advertisement of unclaimed money being held by the state. On Tuesday, he drove to a Burlington County seminar to talk to state …

$174 Million Jackpot Unclaimed (NBC Philadelphia)
Both winning tickets were sold in our area. Each is worth $46.6 million. Who the heck sits on a stash of cash like that for six weeks?

Unclaimed funds? Now get interest – Cincinnati.com
Since the 1960s, the state has held in a trust fund millions of dollars from uncashed checks and dormant banking and other accounts. A 1991 amendment by the Legislature specifically stated that people who come forward for the unclaimed money cannot …

Ohio must pay interest on unclaimed funds – Cincinnati.com
The Ohio Supreme Court has handed a little tax-season gift to thousands of people who have drawn money from the state’s unclaimed-funds account over the past 18 years. People who have received funds from the account since 1991 are entitled to …

Combs: It’s your money, ask for it! – Del Rio News-Herald
Texas Comptroller Susan Combs urged residents of Del Rio and Val Verde County to research unclaimed property and money that may be owed them during her visit here Friday. Combs, who was the first woman elected as Texas Agriculture Commissioner, was …

(Part 1 of 2)

The state of California’s unclaimed funds department takes in approximately $300 million every year. What’s it to you? Well, if you or someone you know is or ever was a resident of the Golden State (or had any kind of business dealings, whether you knew it or not), a chunk of that big pile of CA forgotten funds could very well belong to you!

Under the California unclaimed funds 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 turned over to the Treasury Department if the rightful owners don’t locate them within a given time period. This ‘dormancy period’ varies widely from state to state, but in CA it’s three years. These forgotten funds then head to the California unclaimed property div, where they sit in the state’s general fund until they’re returned to their rightful owners. This is where state employees in-charge of the CA unclaimed cash were criticized recently. Seems that they have been eager to track down and take hold of the lost assets from the establishments holding them but showed less interest in contacting the actual owners in the CA unclaimed funds records.

One of the main reasons for the government’s inability to return forgotten money to residents, according to the government, is that they cannot be located. The issue is, who would think that people like Angelina Jolie, ZsaZsa Gabor, Gerri Halliwell, Victoria Beckham, Keanu Reeves, Brad Pitt, Adam Sandler, Marlon Brando and Jennifer Lopez could be difficult to find? Their names and the names of a number of other celebrities are just a few of the names in the CA missing money list and yet they have never been contacted by the employees at the California Unclaimed Funds Division. They’re all owed checks for lost assets by CA ranging in amount from hundreds to the thousands as in the case of Angelina Jolie. This just proves CA state employees’ interest in holding 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 assets, saying that the state wasn’t doing enough to locate the rightful owners and has temporarily halted the ability of the state to seize it until a better policy of returning it to the actual owners has been adopted.

(to be continued)

–

State seeks owners of money – Billings Gazette
CHEYENNE – The state’s Unclaimed Property Division is making its annual effort to find the owners of more than $30 million in unclaimed money. Nancy Russell, director of the Unclaimed Property Division, a branch of the state treasurer’s office, said …

Taxpayers Entitled To Interest When Getting Unclaimed Funds – NewsNet 5
COLUMBUS, Ohio — The Ohio Supreme Court has ruled that taxpayers are entitled to interest when they recover unclaimed funds from the state. Since the 1960s, the state has held in a trust fund millions of dollars from uncashed checks and dormant …

High court: Ohio can’t keep interest on unclaimed funds (BizJournals)
Ohioans have more reason than ever to check regularly published lists of unclaimed money the state is holding.

Ohio must pay interest on unclaimed funds – Cincinnati.com
The Ohio Supreme Court has handed a little tax-season gift to thousands of people who have drawn money from the state’s unclaimed-funds account over the past 18 years. People who have received funds from the account since 1991 are entitled to …

(Part 2 of 2)

One of the main reasons for the inability of government give back forgotten cash to residents, they say, is that they can not be located. 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 difficult to track down? Their names and the names of a number of other famous people are just some of the names in the CA missing money database and yet they haven’t been contacted by the employees in the California Unclaimed Money 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 keeping this cash in the general fund for use in balancing the budget deficits for as long as they possibly can. As a matter of fact, there was recently a ruling by a federal judge on CA abandoned cash, stating that the state was not making enough of an effort to locate the rightful owners and for a while halted the ability of the state to take and hold it until a better policy of reuniting it with the actual owners was enacted.

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

The ban on the taking of property by California has since been lifted and the new CA State Controller, John Chiang, is making greater efforts in the form of sweeping reforms in improving how his office deals with CA unclaimed money. 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 perform a thorough search for them.

–

Cut business red tape, Darling told – Ananova
Chancellor Alistair Darling is facing calls to slash the red-tape burden on firms after a new warning that the recession will last until the end of the year. The British Chambers of Commerce (BCC) also predicts unemployment will peak at 3.2 million …

Unclaimed lottery winnings keep piling up – Green Bay Press-Gazette
Amid the get-rich-quick buying frenzy over large lotto jackpots in Wisconsin is the sobering statistic that millions of dollars in player winnings are unclaimed every year. During an 11-year period ending on June 30, 2008, $38,349,659 in lotto prizes …

Harry Gross: Suspected scam may turn into a financial boon – Philadelphia Daily News
Dear Harry: In mid-March, I received a letter from an organization in California that indicated that a life-insurance policy on my life had been turned over to the state of Pennsylvania. The letter also said that they will get me the money due me for …

Police auction earns money for Cobham basketballers – Surrey Comet
Unclaimed lost property has been auctioned off by Surrey Police and put towards improving a basketball area for children in Cobham. Ken Purssey, from Cobham and Downside Residents’ Association, was delighted with the £1,500 donation, which will be …

(Part 1 of 2)

The California’s unclaimed funds program takes in roughly $300 million each year. Why should you care? 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 were aware of it or not), part of that massive pile of CA missing money could easily belong to you!

Under the California unclaimed property law, abandoned assets 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 handed over to the Treasury Department if their owners don’t come for them within a certain time period. This ‘dormancy period’ varies from state to state, but in CA it is three years. These forgotten funds then get moved to the California unclaimed property division, where they sit in the state’s general fund until returned to their rightful owners. This is where officials working for the state in-charge of the CA unclaimed cash were criticized recently. It seems that they have been eager to locate and take hold of the lost assets from the establishments holding them but but were less than enthusiastic about contacting the owners in the CA unclaimed funds list.

(to be continued)

–

Treasurer will help public seek unclaimed property – Peoria Journal Star
Illinois State Treasurer Alexi Giannoulias wants to return lost, forgotten and abandoned money to Chillicothe-area residents. A representative from Giannoulias office will conduct Cash Dash searches on the states online database from 2 to 6 p.m …

Unclaimed funds from hospital stuck in limbo (Miami Herald)
Q. Through www.fltreasurehunt.org, I located an unclaimed cash balance of $190 from Cedars Medical Center. I have submitted the required paperwork for this claim twice but the state has been unable to verify my claim because it needs proof that I’m linked to this account.

Unclaimed funds from hospital stuck in limbo – Miami Herald
Q. Through www.fltreasurehunt.org , I located an unclaimed cash balance of $190 from Cedars Medical Center. I have submitted the required paperwork for this claim twice but the state has been unable to verify my claim because it needs proof that Im …

Senate OKs keeping execution policies secret – Pine Bluff Commercial
LITTLE ROCK, Ark. – The states proposed $4.5 billion budget for the upcoming year and a plan to use a third of a $300 million surplus to fill funding gaps are headed toward their first votes before lawmakers. Members of the Joint Budget Committee …

Bailed out companies have unclaimed assests in NM (KOB-TV Albuquerque)
When most people go through their couch cushions, they spare change. Eyewitness News 4 found if bailed out companies did the same thing, they would find a lot more than small change.