(Part 2 of 2)

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

The hold on the taking of property by CA has recently 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 money. There’s still a great 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.

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Investigator Exclusive: Unclaimed funds, thousands owed tax refunds – WKYC
CLEVELAND — It’s a nice turn of events for nearly 2,500 Ohioans during tax season — the Internal Revenue Service actually owes them money. The trouble is, they don’t even know their name’s on the list. Last year, the IRS failed to deliver $123.5 …

The Investigators: Missing MED money FOUND – WMC-TV
MEMPHIS (WMC TV) – City suits, state pols and hospital ‘crats toured the Regional Medical Center of Memphis Friday to encourage raising money for the cash-strapped, publicly funded hospital. They probably should have toured the Tennessee Treasury …

Unclaimed ticket goes back into lottery pool in WI (WALB Albany)
Someone is sitting on a winning Powerball lottery ticket that they never cashed in, and now the deadline has come and gone.