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On average, 1 in 10 people have unclaimed property with the average claim in 2021 being around $734, according to the Massachusetts Unclaimed Property Division
The Mass. Treasurer's office has more than $3.4 billion in unclaimed money. Here's what to know about the Unclaimed Property searchable database.
The state treasurer is also responsible for issueing, registering, and servicing the Commonwealth's public debt along with administering escheats and unclaimed property that accrue to the Commonwealth. [10] [11] These are core functions shared with other state treasurers. [12] Other programs have been assigned to the state treasurer by law.
MissingMoney.com is a web portal created by participating U.S. states to allow individuals to search for unclaimed funds. [1] It was established in November 1999, [2] as a joint effort between the National Association of Unclaimed Property Administrators (NAUPA) and financial services provider CheckFree. [3] By December of that year, 10 states ...
Mike Frerichs. Michael W. Frerichs ( / ˈfrɛrɪks /; born July 28, 1973) is an American politician serving his third term as the State Treasurer of Illinois, after taking office on January 12, 2015. Before being elected treasurer, he was a Democratic member of the Illinois Senate, representing the 52nd District from 2007 until 2015.
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Advance-fee scam. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [ 1][ 2] If a victim makes the ...
Property law. In property law, lost, mislaid, and abandoned property are categories of the common law of property which deals with personal property or chattel which has left the possession of its rightful owner without having directly entered the possession of another person. Property can be considered lost, mislaid, or abandoned depending on ...