TV News LIES

Sunday, May 04th

Last update07:06:21 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...


Illinois landlord sentenced to 53 years over hate-crime killing of six-year-old

illinois hate crime trial An Illinois landlord who killed a six-year-old Muslim boy and severely injured his mother in a...

Los Angeles approves $4bn payout to settle thousands of sexual abuse claims

LA payoff Los Angeles county officials on Tuesday approved a $4bn payout to settle nearly 7,000 claims of...

Ruth Buzzi, legendary 'Laugh-In' comic and 'Sesame Street' regular, dies at 88

Ruth Buzzi dies at 88 Ruth Buzzi, a variety-show veteran most famous for her role on "Rowan & Martin’s Laugh-In", has died. She...

More than half of U.S. gun deaths are suicides. These gun owners want to stop the 'gun violence epidemic'

guns and suicideMegan Cole was in graduate school for occupational therapy, often working with patients who suffered traumatic...
 
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!