Reuniting New Yorkers with Lost Money | The Bronx Newspaper

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New York is a national leader in returning lost money to its rightful owners; last year, $504 million was returned. State Comptroller DiNapoli is currently overseeing $19 billion in unclaimed funds for more than 51 million account holders until it can be returned to its rightful owners. His Office of Unclaimed Funds returns an average of $1.5 million to New Yorkers every business day and regularly travels the state to connect individuals, organizations and local governments with their lost money.

Banks, insurance companies, corporations and courts are among the many organizations required by law to report dormant accounts to the state comptroller. These organizations should attempt to notify account holders by mail and publish the information in newspapers. Despite these efforts, many funds remain unclaimed and are turned over to the Office of the State Comptroller.

Types of unclaimed funds:

  • dividends;
  • court funds;
  • estate proceeds;
  • insurance benefits/policies
  • shares, bonds, investment funds;
  • telephone/utilities/security deposits;
  • bank accounts – savings, checks and CDs

Check if you, your family or friends have lost money by visiting here! It’s free and easy to claim.

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