Millions of dollars available to rightful owners, state treasure - WFSB 3 Connecticut

Millions of dollars available to rightful owners, state treasurer says

Posted: Updated:
(MGN photo) (MGN photo)

Connecticut's state treasurer announced on Thursday that millions of dollars in unclaimed property will be returned to thousands of rightful owners.

Unclaimed property includes money from uncashed payroll checks, bank accounts and utility deposits, insurance proceeds, liquidated assets from safe deposit boxes, stocks and bond.

Some people may also be unaware that they have inherited money or have forgotten savings accounts.

Denise Nappier said more than 95,000 new names of people, businesses and organizations are on the list.

"We have millions of dollars waiting to be returned to owners," Nappier said in a statement. "I encourage everyone to search our website to find what’s yours!  And even if you don’t see your own name on the list, you might notice a relative who has passed away with unclaimed property waiting to be claimed.”

It's part of the treasury's CT Big List, which is a regularly updated database of about 1.5 million names and groups that may be entitled to as much as $807 million in unclaimed property.

Nappier said it's the mission of the treasury's Unclaimed Property Division to safeguard assets until rightful owners step forward to claim them.

Property valued between $50 and $250,000 is included in the latest additions to the list.

Searching the treasury's site is free.

Nappier said some people are regularly contacted by firms, often called "finders," which offer search services for fees that go as high as 10 percent of recovered assets.

"My advice is that before you send your hard earned money to strangers, check out the CT Big List first," Nappier said. "There is no charge for this public service."

Check out the list here.

People can also dial 1-800-833-7318 weekdays between 8 a.m. and 5 p.m.

Copyright 2016 WFSB (Meredith Corporation). All rights reserved.