unclaimed funds

Lost Money Unclaimed Funds

You or a relative might have unclaimed funds.

Lost or unclaimed money gets turned over by organizations required to report dormant accounts to the New York State Office of the State Comptroller. This money includes things like forgotten savings accounts, lost paychecks, and stocks or bonds.

Banks, insurance companies, corporations and the courts are among the many organizations required by law to report dormant accounts to the State Comptroller. These organizations must attempt to notify you by mail and publish the information in newspapers. Despite these efforts, many funds remain unclaimed and are turned over to the Office of the State Comptroller.

You can reclaim forgotten savings accounts, lost paychecks, and stocks or bonds for yourself or a relative.

Types of Unclaimed Funds Accounts

  • Bank Accounts – savings, checking and CDs
  • Court Funds
  • Dividends
  • Estate Proceeds
  • Insurance Benefits/Policies
  • Stocks, Bonds, Mutual Funds
  • Telephone/Utility/Security Deposits

Is the Office of Unclaimed Funds legitimate?

Yes. If you visit the correct government operated website, it is  legitimate. The Office of the New York State Comptroller, where we searched, lets you check to see if you are owed money by any number of financial institutions such as banks, insurance companies, state agencies and other organizations.

Websites that you can visit to check if you have unclaimed funds:

Click Here to search for New York lost money website

Click Here to search on another lost money site.

Click Here to search on a third lost money site.

If you want to learn more about unclaimed funds, check out the NAUPA website.

NAUPA is an acronym for the “national association of unclaimed property administrators”

Click Here for the NAUPA website.

Beware of the scam websites for unclaimed funds

Make sure that you’re on an official government operated website because there are scams that exist regarding unclaimed funds.

The interesting thing is that there really is unclaimed money and unclaimed funds available — in fact, there are huge amounts of it. Much of it belongs to people who have passed away. And much of it is just forgotten.

However, finding free or unclaimed money on the Net is one of the oldest scams in the book, so red flags should go off whenever you read anything about this.

For example, there is a very popular unclaimed money scam going around right now via email. One such email starts off: “There’s over 400 billion dollars in unclaimed money in North America — and some of it belongs to you!”

Another email starts off: “You are owed money. Nine out of ten people over the age of 25 are owed money they didn’t know they had, and you are one of them!”

Finally, comes the pitch — the company that’s sending you the email will, of course, help you locate your unclaimed money. All you need to do is call this particular 1-809 number ‘right now’!

The company claims that they’ll do a ‘search’ for free, and that you don’t have to pay them anything until they’ve found your money. And even then, they’ll only take 15%.

What they DON’T tell you is that they’re going to make money on that 1-809 call they’ve convinced you to make, for starters.

Other scammers charge the fee even if they simply locate a very tiny sum.

Other scammers seek to get your personal information like your bank account number or other financial information in order to commit identity theft.

Click Here if you seek instructions on how to rebuild your credit.

Lost Money Unclaimed Funds.

CategoryLegal Advice
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