TV News LIES

Monday, Apr 24th

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...


New Orleans takes down white supremacist monument

New Orleans finally to remove COnfederate statuesA monument to a deadly white-supremacist uprising in 1874 was removed under cover of darkness by...

Justice Department threatens to withhold grant money from New York, blasts NYPD for being ‘soft on crime’

NYPD James O'NeillThe Justice Department is threatening to cut off New York from a grant program named after...

Indiana University Bars Applicants With Sexual Violence History From Competition

Indiana U bars sex offenders from competitionsIndiana University will no longer allow prospective student athletes with a history of sexual or domestic...

Sanctuary Cities Face Aid Cuts as Justice Dept. Tightens Screws

Sanctuary cities to be punishedThe Trump administration escalated its confrontation with so-called sanctuary cities that limit cooperation with federal immigration...
 
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!