Ohio Returned Over 800 Million in Unclaimed Money in 2011
Unclaimed money, worth $800 million, has been returned to the rightful owners in Ohio after the launch of Ohio Treasure Hunt. The Ohio Treasure Hunt has had great success in 2011 with returning large amounts of unclaimed money to its owners.
David Goodman, the Director of Department of Commerce Ohio, urges the residents to participate in the Ohio Treasure Hunt so that much more Ohio unclaimed money lying in the region can be returned to the rightful owners as soon as possible. It is after the launch of this much talked about Treasure Hunt the state agencies are boasting of a massive $800 million return at the starting of the New year 2011.
As per the director, people residing in Ohio are unaware of the fact that there are lost property or money located in the region under their name, which is why the state started releasing names of people in the local newspaper.
After the state released initiatives the unclaimed money search has been simplified to a greater extent. As per the returns made this year, some of the common sources of lost money reported so far include savings accounts, un-cashed insurance policies, undelivered stock certificates and many more. The Ohioan Treasure Hunt assists people in locating lost property under their names and in making successful claims.
So far the claims made by 79 percent of the people have come through the Internet as people find the medium much more comfortable than any other. In the beginning of this financial year 2011, the state agencies in Ohio have collected 12 percent more than the amount returned the same year from financial agencies like banks in the name of lost money.
Director Goodman urged people in Ohio to visit the website -www.com.ohio.gov/unfd/TreasureHunt.aspx to search for unclaimed properties in the state. The service can be accessed round the clock at anytime. For those who do not have access to internet in their homes can send their names and other personal details to the address of Ohio Department of Commerce, Division of Unclaimed Funds, 77 South High Street, 20th Floor, Columbus, OH 43215. These recent efforts will more people to search for their lost properties and claim back their money rightfully.
