(Part 2 of 2)

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 battled in numerous cases involving California unclaimed money, sad that the state’s program was created 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 CA has now been removed and the new CA State Controller, John Chiang, is making greater efforts in the form of sweeping changes in improving how his office is handling California unclaimed money. There is still a great need though for Californians and residents of all other states across the U.S. to be informed about the presence of these funds and on how to do a thorough search for them and take back what belongs to them.

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Schneider: Restitution money is running out, and Europe needs to step … – JTA
NEW YORK (JTA) — Gregory Schneider was promoted recently to the top professional position at the Claims Conference, executive vice president, after several years as chief operating officer. JTA Managing Editor Uriel Heilman sat down with Schneider …

Some Mass. Lottery winners never collect their winnings – Union-News & Sunday Republican
SPRINGFIELD – Here’s the hard part: You walk into a convenience store, buy a $1 lottery ticket and nail the six-digit combination to win a $2 million jackpot. The next step is easier: Cash in the ticket at state Lottery headquarters, and collect your …

Does the IRS owe you money? (KMIR 6 Palm Springs)
Who couldn’t use a little extra cash this summer! The IRS may have some money for you. If you have not filed a prior year tax return and are due a refund, you should consider filing the return to claim that refund.

Personal Finance: Finding unclaimed money (The Sacramento Bee)
This week, we’re dishing up a little midsummer financial smorgasbord. A taste of this, a dab of that: