TV News LIES

Monday, Sep 26th

Last update05:20:13 AM GMT

You are here News Domestic (USA) States Seize Citizens' Property to Balance Their Budgets

States Seize Citizens' Property to Balance Their Budgets

E-mail Print PDF

The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they're supposed to safeguard for their citizens.

Unclaimed property consists of things like forgotten apartment security deposits, uncashed dividend checks and safe-deposit boxes abandoned when an elderly relative dies.

Banks and other businesses are required to turn that property over to the state for safekeeping. The problem is that the states return less than a quarter of unclaimed property to the rightful owners.

More... 


Most Recent Related Stories...


Houston Strip Mall Shooting Leaves 9 Injured, Suspect Dead

Houston strip mall shootingAt least nine people were injured when a gun man opened fire at a Houston shopping...

Port Authority Chief Testifies Christie Ally Pressured Him to Reclose Lanes to Bridge

Port Authority chief says Christie is protectedOn the morning that Patrick J. Foye ordered the reversal of the mysterious lane closings near...

Golf legend Arnold Palmer dead at age 87

Arnie Palmer diesArnold Palmer, a seven-time major winner who brought golf to the masses and became the most...

Raised-fist Olympians punished in 1968 will be received at White House

Rised fist Olympian punished in 1968Tommie Smith and John Carlos, the two African-American athletes sent home from the 1968 Olympic Games...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!