Baltimore Woman Finds Nearly $6,000 in Comptroller’s Unclaimed Property Vault

WHO:           Comptroller Peter Franchot

WHAT: Patricia Vicari will visit the Comptroller's Office to collect $5,700 found in the Comptroller’s unclaimed property records.

 

**Mrs. Vacari and Comptroller Franchot will be available for interviews at the event.

 

**Photographers will also have access to view the agency’s unclaimed property items. 

 

The Comptroller office just released a 144-page advertising supplement with the names of 60,000 recently-identified owners of more than $42 million in unclaimed funds. The agency has records of more than $900 million in cash, bonds, stocks dividends and property.

 

Financial institutions, utilities, insurance companies and other corporations are required to report to the Comptroller any bank accounts, security deposits, wages, insurances benefits and contents of safe deposit boxes that have been unclaimed after three years. Funds remain the property of the owners or their legitimate heirs and can be claimed anytime. There is no statue of limitations.

 

WHEN:           Wednesday, April 28, 2010

11 a.m.

 

 WHERE: Comptroller's Baltimore Office

301 West Preston Street
Comptroller’s Library, Room 311
Baltimore, MD 21201

 

CONTACT:     Lisa Lester, 410-260-7210 (office), 410-858-7868 (cell)