Thousands of Rhode Islanders
claim over $1 million in Unclaimed Property in twenty-four hours
Evan England
Following an announcement by
Treasurer Magaziner that his Unclaimed Property division received an additional
$23 million in unclaimed property in 2019, thousands of Rhode Islanders visited
findrimoney.com
and initiated claims for over $1.1 million of their missing money.
"My goal is to ensure that
as many Rhode Islanders as possible get their missing money back in their
pockets where it belongs," said Treasurer Magaziner. "Most of the
time people don't even know they are missing money until they check with our
office, so I encourage everyone to check our website."
Forty-five hundred claims for
unclaimed property totaling $1.15 million have been initiated in the day
following the announcement. Four hundred of those claims have already been
verified, with checks expected to be mailed next week.
The Unclaimed Property division
returned nearly $11 million in unclaimed property to its rightful owners in
2019, resolving 9,763 separate claims.
Unclaimed property can include money left in old bank accounts and safe deposit boxes, uncashed paychecks, unused balances on gift certificates, unreturned utility deposits, uncollected insurance payments and forgotten stocks and dividends. Unclaimed property is held in safekeeping on behalf of individual Rhode Islanders, as well as businesses and nonprofits.
Searching
for and claiming property is free, and simple. Visit www.findRImoney.com to begin the process.
