AUGUSTA – Sen. Bill Diamond, D-Windham, announced the addition of
over $12.1 million to Maine’s Unclaimed Property Fund, $376,984 of which is
believed to belong to his constituents. This property consists of financial
assets that have gone unclaimed by their owners. The last known owner’s
information is now available on the Treasurer’s website: www.maineunclaimedproperty.gov.
“State Treasurer Henry Beck is working hard to return unclaimed
property held by his department,” said Sen. Diamond. “I urge all of my
constituents to search their names on the Treasurer’s website to see if any of
the $376,984 reported within the past year alone belongs to them.”
In
total, the State Treasurer is holding more than $249 million of unclaimed
property.
Unclaimed property
consists of cash and other financial assets that are considered lost or
abandoned when an owner cannot be located after a specified period of time. It
includes, among other items:
checking accounts, certificates of deposit, over
payments, gift certificates, paid-up life insurance policies, unpaid wages,
uncashed checks, death benefits, dividends, insurance payments, refunds,
savings accounts, stocks and contents of safe deposit boxes. Unclaimed Property
does not include real estate, animals or vehicles.
Millions of
dollars are turned over annually to the Treasurer of Maine by entities that
cannot locate the owners. If your name is on the list, you can file your claim
electronically at www.maineunclaimedproperty.gov.
Also, be wary of scammers — you do not need to pay anyone to file your claim,
as filing a claim is both easy and free.
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