New York Remains to Have the Largest Unclaimed Money Vault
Wednesday, January 11th, 2012The problem of unclaimed money is not a new concept, especially in the state of New York, that is riding high in terms of lost money pile. As per the state treasury, New York unclaimed money has increased at a tremendous rate in the recent years.
The main problem with the state treasury of New York is that unclaimed money is still piling up at a tremendous rate despite the state’s repeated effort to educate people of the importance of lost money. New York’s unclaimed money is not being claimed at a desirable rate as estimated by the government prior to the planned initiatives. Apart from the state of New York, many other states are also facing similar problems in which huge additions are being made to their already existing lost money pile.