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The Southern Maryland Chronicle: Maryland State Fairgoers Find More Than $271K in Unclaimed Property

ANNAPOLIS, Md. (September 5, 2019) – Comptroller Peter Franchot today announced that 259 people discovered more than $271,000 in unclaimed funds at this year’s Maryland State Fair. One attendee learned about an unexpected windfall of $71,517.

Throughout the summer and fall, agency staff set up booths at county fairs and festivals and the State Fair to reunite Marylanders with money they are owed. Approximately 1,360 people made inquiries at the unclaimed property booth at this year’s State Fair.

“Several hundred people had a great time at the State Fair and learned about money that is rightfully theirs; I call that a red-letter day,” Comptroller Franchot said. “Our agency staff fans out across the state to reach residents and reunite them with money or property that is just waiting to be claimed by their owner.”

Financial institutions, utilities, insurance companies, and other corporations are required to report to the Comptroller any bank accounts, security deposits, wages, insurance benefits and contents of safe deposit boxes that have been unclaimed after three years. In addition to booths at fairs and festivals, the Comptroller’s Office looks for owners of unclaimed funds by searching tax records.

Taxpayers can visit https://www.marylandtaxes.gov/ and click on the Unclaimed property icon to see if their name is on the list. The Comptroller urges anyone who finds their name to contact his office at 410-767-1700 (Central Maryland) or toll-free at 1-800-782-7383 to find out how to reclaim their lost property.

The Southern Maryland Chronicle is a local, small business entrusted to provide factual, unbiased reporting to the Southern Maryland Community. While we look to local businesses for advertising, we hope to keep that cost as low as possible in order to attract even the smallest of local businesses and help them get out to the public. We must also be able to pay employees(part-time and full-time), along with equipment, and website related things. We never want to make the Chronicle a “pay-wall” style news site.

To that end, we are looking to the community to offer donations. Whether it’s a one-time donation or you set up a reoccurring monthly donation. It is all appreciated. All donations at this time will be going to furthering the Chronicle through hiring individuals that have the same goals of providing fair, and unbiased news to the community. For now, donations will be going to a business PayPal account I have set-up for the Southern Maryland Chronicle, KDC Designs. All business transactions currently occur within this PayPal account. If you have any questions regarding this you can email me at davidhiggins@southernmarylandchronicle.com

Thank you for all of your support and I hope to continue bringing Southern Maryland the best news possible for a very long time. — David M. Higgins II

https://www.southernmarylandchronicle.com/2019/09/06/maryland-state-fairgoers-find-more-than-271k-in-unclaimed-property/

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