Thursday, May 19, 2005

Attorney General Launches Unclaimed Funds Campaign

Ft.Wayne - Raising awareness of the more than $285 million in financial assets waiting to be claimed by citizens is one of the goals of a public awareness campaign launched this week in Fort Wayne by Indiana Attorney General Steve Carter.

"Remember how it feels to find an unexpected dollar or two in a pocket of jeans you haven't worn in a while, or last season's jacket?" Attorney General Steve Carter said. "Well, that's what unclaimed property is, except you can't find it in an old suit jacket - it's been lost or forgotten at some institution and may not be as easy to track down. That's why we want to remind everyone to regularly do a quick search at www.indianaunclaimed.com.

There are more than 28,000 properties equaling more than $12 million (1998 - 2004) with last known addresses from Allen County and its nine surrounding counties. Nearly ninety percent (90%) of these assets are unclaimed investment earnings, insurance proceeds and benefits, wages, and savings and checking accounts.

Unclaimed property may also include items from safe-deposit boxes turned over to the state.

"The enhanced website makes it easy for someone to make a quick search for themselves or someone they know. It also gives people information about unclaimed property - how it may have gotten to the state and what they need to do to get it back," Attorney General Carter added.

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