BOSTON, Mass. (WGGB) – The state treasurer’s office has announced that over 347,000 names have been added to the growing list of people and businesses with unclaimed property.
The total of those newly added assets alone: $90 million, which accumulated over the last six months.
The state has over $2 billion in unclaimed property looking for their rightful owners.
The property is anything from forgotten savings and checking accounts, uncashed checks, insurance policies, stocks, dividends, and items left in unattended safe deposit boxes.
“The magnitude of the holdings of the Treasury’s Unclaimed Property Division is apparent when you consider that this list only represents names that have been added over the past six months. Altogether, we are holding over $2 billion in cash and other property, and we are working aggressively every day to ensure that more of that money goes back to its rightful owners,” noted State Treasurer Steve Grossman.
As part of the new list, 83 accounts have over $100,000, 99 accounts have between $50,000 and $100,000 and 16,983 accounts have over $1,000.
This past Monday, ABC40 hosted Your Money Monday: Unclaimed Cash. During ABC40 News starting at 5:00 p.m., with the help of folks from the state’s Unclaimed Property Division, we were able to help you claim over $175,000 in unclaimed property.
There is no time limit to claim your property. The state is simply the custodian and holds on to the property for safe keeping. In many cases, interest is paid out with a claim.
Want to see if your name is on the list and if you or someone you know has unclaimed property? CLICK HERE to start your search.