Do we have your cash? More than $1M in lost money returned daily

Staff from New York State Comptroller Thomas P. DiNapoli’s office will attend community events around the state this month to help residents search for lost and forgotten money, also known as unclaimed funds.

DiNapoli oversees 35 million unclaimed funds accounts valued at $14.5 billion until the money can be returned to its rightful owners.

“I encourage everyone to come out and search for money that may be waiting for them,” DiNapoli said. “We return more than a million dollars a day to residents across the state, but we want to do more. It’s your money, we want to give it back.”

The billions in unclaimed funds come from old bank accounts, utility deposits, uncashed checks, insurance claims, stocks and other sources that have been dormant for a number of years. Some accounts hold money that has been lost and forgotten since the 1940s.

COMMENTS