TV News LIES

Wednesday, Aug 05th

Last update08:06:39 AM GMT

You are here News Domestic (USA) States Seize Citizens' Property to Balance Their Budgets

States Seize Citizens' Property to Balance Their Budgets

E-mail Print PDF

The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they're supposed to safeguard for their citizens.

Unclaimed property consists of things like forgotten apartment security deposits, uncashed dividend checks and safe-deposit boxes abandoned when an elderly relative dies.

Banks and other businesses are required to turn that property over to the state for safekeeping. The problem is that the states return less than a quarter of unclaimed property to the rightful owners.

More... 


Most Recent Related Stories...


Threats come as questions surround death of Mississippi teenager, who was found dead after boat trip with friends

Nolan WellsSeveral people with no apparent connection to the Nolan Wells case have been criminally charged with...

Sopranos actor Vincent Pastore, known for playing mobsters and tough guys, dies aged 80

Vincent PastoreVincent Pastore, a veteran actor who played mobsters and tough guys, and was best-known for playing...

Columbia University student workers’ union withdraws Israel divestment demand

Columbia UThe Columbia University student workers' union withdrew its demand that the university divest financially from Israel...

Shooting at In-N-Out Burger restaurant in Idaho leaves multiple people dead, police say

Shooting in IdahoA shooting at an In-N-Out Burger restaurant in southern Idaho on Saturday afternoon left multiple people...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!