New York's Office of Unclaimed Funds is sitting on $10.5 billion

According to New York's state comptroller Thomas DiNapoli the empire state is currently sitting on over $10 billion of unclaimed assets waiting to be claimed. More than 25 million accounts have been turned over to the state. During the last fiscal year, over $650 million was turned over and only $227 million was returned to 360,000 New Yorkers.

things like inactive bank or investment accounts. Some of this money could be yours. See how easy it is to search for lost money by watching this tutorial. And it's important to note that while there is NO fee to claim your money; some "finder firms" are legally allowed to collect up to 15% of the funds if you agree to let them help you find your long lost cash.



Some other statistics concerning the assets that were returned to people are that 40% of all returns were less than $50 and 60% of funds returned were for less than $100. But many things worth thousands of dollars were also returned. In fact the largest single claim ever paid was $4 million.

New York State has over $10 billion of unclaimed assets

According to the New York Daily News more than 25 million inactive bank accounts have been turned over to the state. And now the government is sitting on over 10.5 billion dollars; waiting for the owners to claim their funds.

In fact some celebrities, including Angelina Jolie, Spike Lee, and Yankee manager Joe Torre have funds that have been turned over into the state.

New York State's Unclaimed Funds

New York State is currently holding BILLIONS of dollars worth of unclaimed funds---some of this money may be yours.

For your protection, banks, insurance companies, utilities, investment firms and other businesses are required by New York State Law to surrender inactive accounts to the State. New York's state comptroller serves as the custodian of these funds until the rightful owner or heir proves that they are entitled to the assets and then the state returns the cash, at any time without charge.