Unclaimed-Funds.com

A number of different agencies in Monroe County, NY are owed unclaimed funds, according to a recent article on WXXI.com:

Various entities within the county are owed money, including the county treasurer, the sheriff’s office, the parks department, the county clerk, and the department of social services.

DeSantis says the biggest source of unclaimed funds for the county is vendor checks, which are usually from vendors that were prepaid for services which were then never delivered.

But who cares about that! How about the more than $8 Billion in total NY unclaimed money, the majority of which is owed to regular citizens! It was reported in October that even Mayor Bloomberg was owed $76,000, but most of the forgotten cash in the state of New York continues to go unclaimed, and the total is really now $8 billion and counting!

To claim the funds, Monroe County would go through the process that any New Yorker would go through, which starts with filling out a form. DeSantis says the comptroller is holding on to over $8 billion for New Yorkers across the state, and will hold the funds indefinitely, with some bearing interest all that time.

Local bloggers at RochesterTurning.com noticed that the cash was sitting uncollected earlier this week. A simple search also turned up prominent individuals in the state who are owed funds, including the governor and state comptroller Thomas DiNapoli himself.

So not only was the NYC mayor owed unclaimed assets, but even the governor and the state’s own comptroller (who is in charge of managing abandoned money!)

The forces of lack of search knowledge and lack of knowledge of unclaimed property in general combine to keep people from reuniting with their New York unclaimed money.

Whatever the reason, the money is there and just waiting to be claimed. The best thing New Yorkers can do is get in touch with an unclaimed property expert, like UnclaimedMoney.net, to assist them with their search to take back money that already belongs to them!

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Wow, even the NYC Mayor Michael Bloomberg discovered he was owed unclaimed money!

October 22, 2007 — ALBANY – To a billionaire like him, it may be pocket change, but Mayor Bloomberg collected nearly $76,000 this year in unclaimed funds from the state Comptroller’s Office, The Post has learned.

The state cut the mayor a check for $75,900 in August, according to the Comptrol ler’s Office.

The money is left from some business dealings he was a part of before becoming mayor.

Now that may be interesting, learning that a billionaire mayor of New York City was able to make a claim for almost $76,000, but what does it mean for you? Not much, but here’s the good news!

Meanwhile, more than $8 billion – belonging to 22 million accounts – remains in the state’s unclaimed-money funds.

And while $75,900 may seem high, the largest amount paid out by the fund so far has been $5.9 million, to the heirs of an unidentified estate in 2005.

As for the largest sum yet to be claimed, that, according to the Comptroller’s Office, is a cool $1.7 million.

Excellent point about that $76k in unclaimed property not meaning much to a billionaire like Bloomberg, but I doubt whoever made $5.9 million claim sneezed at it! Then again, maybe they did. How much money must one have to simply forget about almost $6 million, and have it turn up somewhere down the road as found money?

But the most important part of this story (to regular folks like you and me) is the more than $8 Billion in NY unclaimed money, belonging to 22 million. people. That number is almost unbelievable, but I suppose when you factor in that NY is a large state, and of course is home to New York city which might as well be the center of the world, it starts to make sense.

Bottom line, 22 million of you need to get a move on, tracking down your missing unclaimed funds! The government has something that belongs to YOU and you just need to learn how to locate and regain control of your unclaimed money, because you can bet they aren’t going to go out of their way to find you!

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