TV News LIES

Wednesday, Nov 12th

Last update01:06:17 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...


Cleto Escobedo III, 'Jimmy Kimmel Live' bandleader of 22 years, dies at 59

Cleto Escopdo IIICleto Escobedo III, the bandleader for the "Jimmy Kimmel Live!" in-house band Cleto and the Cletones,...

Death toll from UPS plane crash at Louisville airport rises to 13

Death toll 13 in UPS crashThe death toll in the explosion that saw a UPS cargo plane lose an engine and...

Supreme Court rejects challenge to landmark same-sex marriage decision

Same sex marriage upheldThe Supreme Court on Nov. 10 decided not to revisit its landmark ruling that legalized same-sex...

US Starbucks workers prepare to strike if contract is not finalized by next week

Starbucks workers may strikeUnionized Starbucks baristas voted to authorize an open-ended strike ahead of Starbucks’s high-traffic holiday season, announced...
 
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!