Missouri woman gets $6.1 million in unclaimed property
Posted on December 14, 2011 at 4:55 PM
(KMOV.com) -- State Treasurer, Clint Zweifel, is happy to announce that a Kansas City area woman has received the largest unclaimed property return to a business or individual in state history, amounting to $6.1 million.
Needless to say, the woman's name is not being released for her protection. “While we aren’t disclosing this person’s name, what I can tell you is we found this person and worked quickly to get the money back in her hands,” Treasurer Zweifel said. “Assets become Unclaimed Property every day for many reasons, whether it is a death in the family, misplaced documents or a change in address. What is important though is Missourians know we will safeguard their money forever until they claim it, and they can search 24 hours a day at www.ShowMeMoney.com.”
A man in St. Joseph, Mo., also received $100,000. His claim was made up of 15 different securities accounts.
Treasurer Zweifel said there are still 38 accounts worth more than $100,000 each waiting to be returned. The geographic breakdown is: 15 in St. Louis County; 12 in Jackson County; three in St. Louis City; two in Boone County; and one each in Buchanan, Butler, Camden, Cole, Franklin and Jasper counties.
Since January 2009, $103 million has been returned to more than 303,000 account holders.
Missourians may check for Unclaimed Property 24 hours-a-day at www.ShowMeMoney.com. About 55 percent of claims are eligible for paperless processing, and wait times have been cut in half. Individuals may also sign up for email notifications and can track a submitted claim from the website.