California Holding Close To $8 Billion In Unclaimed Property

SAN FRANCISCO (CBS SF) — The State of California is currently holding a record amount of unclaimed property, with cash making up 90 percent of the nearly $8 billion being held by the State Controller’s office. State Controller Betty Yee says the total includes forgotten bank accounts,  security deposits, refunds and wages. She says the funds...

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Woman discovers $100,000 in unclaimed property

A Bethesda woman is celebrating a recent discovery of more than $100,000 dollars in unclaimed property.When Maryland Comptroller Peter Franchot’s office first contacted the woman regarding the bank account, she was in disbelief. The finding tops the list so far this year in terms of unclaimed property worth. Franchot says the state’s database of unclaimed property includes...

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The Government Has $1 Billion in Unclaimed Tax Refunds

Credit: Madeline Farber Mar 02, 2017 If you forgot to file a tax return in 2013, the government may owe you more money than you thought. On Wednesday, the IRS announced that it currently has more than $1 billion in unclaimed tax refunds for about 1 million taxpayers who didn’t file a 2013 federal income tax return. But if you...

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Some New Zealanders owed hundreds of thousands in missing money

Most people could do with a windfall – a bit of extra cash to pay the bills or splurge on a luxury. What if there was a stash of cash somewhere with your name on it, that you didn’t know about? Some New Zealanders have hundreds of thousands of dollars in unclaimed money, just waiting...

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There are 14,334 unclaimed estates in the UK – are you entitled to a fortune?

But be quick –  if the estate isn’t claimed within 12 years it will go to the Treasury. With the season of giving and receiving very much upon us, the government’s latest figures on unclaimed estates in the UK is at 14,334. In other words, one in 4468 of us are entitled to an estate. Are you one of...

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Billions of euros in unclaimed bank accounts prompts call for central database in Germany

North Rhine-Westphalia Finance Minister Norbert Walter-Borjans estimates that about two billion euros ($2.2 billion) are in dormant accounts across Germany. He’s called for a database to unite more assets with heirs. A relative passes away, and it is often the family that is left to deal with the less-than-inviting task of clearing out the house....

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Forget a casino ticket? Here’s what happens to the money

Gamblers left more than $35 million on casino floors in the past five years, money the state of Nevada was happy to come along and pick up. The cash came in the form of slot and video machine tickets that players either lost, forgot about or simply didn’t bother to turn in. With the days...

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Toowoomba residents ‘risking their retirement’

TOOWOOMBA has been named one of Queensland’s hot spots for lost or unclaimed superannuation.The Australian Taxation Office reports that more than $45 million in lost super exists in Toowoomba accounts, in new statistics compiled by Westpac. The staggering figure places the Garden City third on the list for Queensland while Mackay and Cairns have nearly...

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