(Part 1 of 2)

The California’s unclaimed money program takes in approximately three hundred million dollars every year. What’s it to you? Well, if you or anyone 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), a chunk of that massive pile of Cali forgotten funds might easily be yours!

Under the California unclaimed property (or escheat) law, lost 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 turned over to the Treasury Department if the rightful owners don’t locate them within a certain time period. This ‘dormancy period’ varies from state to state, but in Cali it is three years. These forgotten funds then head to the California unclaimed property division, where they stay in the state’s general fund until returned to the people they truly belong to. This is where state employees who handled Cali unclaimed cash were recently criticized. Seems that they have been all to happy to track down and take hold of the lost funds from the various establishments holding them but but were less than enthusiastic about contacting the actual owners in the Cali unclaimed funds database.

(to be continued)

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From the HIP (Honolulu Advertiser)
Surfwear company Hurley’s board shorts become wearable art at the Anti-Canvas art show and auction this Friday, when Hurley teams up with Contrast Magazine to showcase the work of 31 different artists, including “godfather of low-brow art” and twisted hot-rodder imagery artist Robert Williams, Ron English, Big Foot and Lisa Johnson. The surf company uses a technique called “sublimation” to make …

State looking to return money to hundreds of thousands – KXRM
DENVER (AP) — The state of Colorado is holding money and valuables for thousands of people and they want to give it back. With the recession, the number of people inquiring about unclaimed property is up more than 30 percent from July to Friday …

Need Extra Money For Shopping? Check The Unclaimed IRS List! – digtriad.com
Greensboro, NC — The Internal Revenue Service is looking for taxpayers in the Carolinas who are due to receive more than $4.5 million in the form of nearly 4,500 refund checks that were returned to the IRS by the U.S. Postal Service due to mailing …