Good Morning America Unclaimed Money
December 14, 2011 by staff
The states estimate that one in every 10 people has unclaimed money waiting for them. In dusty warehouses, in states all across the country, lie records detailing $32 billion worth of unclaimed money, just waiting for its rightful owners.
The $6.1 million check will go to a Kansas City woman who wants to remain anonymous. Years ago, her ancestors invested in an obscure company. The stock got lost as it was passed down through the generations, growing to the sum it’s worth today.
There have been other extra-large single unclaimed money awards before. New York State previously held the record for the largest unclaimed money payout when it returned $4 million. Wisconsin has returned $1.5 million.
Missouri has issued other significant payouts. According to state treasurer Clint Zweifel, a man in St. Joseph, Mo., received $100,000, comprising unclaimed money from 15 different securities accounts.
“There is so much money that’s out there waiting for Americans to claim,” Zweifel told ABC’s Good Morning America. “Just to give you an example, in Missouri alone I have more than $600 million on hand waiting for Missourians.”
Missouri has already returned $103 million in unclaimed funds to more than 303,000 people in the state since January 2009.
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