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Unclaimed Assets News
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$50 MILLION IN ROYALTIES RETURNS TO ARTISTS Deal With Record Industry Sets New Procedures for Recovery of Unclaimed Asset
Press release by the Office of the New York State Attorney General
Department of Law
120 Broadway
New York, NY 10271
Department of Law
The State Capitol
Albany, NY 12224
May 4, 2004
State Attorney General Eliot Spitzer today announced a deal with the nation’s top recording companies that returns nearly $50 million in unclaimed royalties to thousands of performers. The agreement comes after a two-year investigation by Spitzer’s office found that many artists and writers were not being paid royalties because record companies had failed to maintain contact with the performers and had stopped making required payments. This problem affected both star entertainers with numerous hit recordings and obscure musicians who may have had only one recording. Read more
ACS Awarded Contract to Administer Illinois' $50 Million Unclaimed Property Portfolio
May 12, 2004. Dallas headquatered Affiliated Computer Services, Inc., has been awarded a contract to provide securities custody and brokerage services to the State of Illinois' Unclaimed Property Program. Under the terms of the contract, ACS will administer Illinois' $50 million unclaimed property portfolio, receiving securities remitted with unclaimed property reports and maintaining those securities for the benefit of the citizens of Illinois. With the addition and optimization of ACS' specialized experience, the Illinois Treasury will be aided in the administration of its unclaimed securities portfolio, expediting the payment of claims to reappearing owners.
Read Press Release
Illinois unclaimed property listings to appear in Chicago Tribune
CHICAGO, February 19, 2004 -- More than 80,000 people have a surprise waiting for them: They're the latest individuals added to the State Treasurer's list of unclaimed property owners. Those hoping for an unexpected windfall can turn to the Sunday, Feb. 22 edition of the Chicago Tribune, the only source of the information in Cook County. Read Press Release
The 2001 list of 9th Congressional district residents with unclaimed/ undeliverable tax refunds released. Read Press Release
Unclaimed funds list available for the residents of the city of Rome, NY. Read Press Release
Unclaimed Assets: Money the Government Owes You! Bestseller book by Mark Tofal. Through extensive research and investigation the author has uncovered information the bureaucrats in Washington and politicians in your home state don't want you to know... they're holding billions of dollars that belong to you! Learn more
State of Florida to hold unclaimed property auction in Tampa. Read more
Indiana Attorney General Launches Unclaimed Property Campaign. Read Press Release
Louisiana Joins 39 States In Effort to Collect Unclaimed Property From Holders
February 9, 1999. BATON ROUGE - Louisiana has recently joined nationwide effort underway in 39 states to collect billions of dollars in Unclaimed Property from holders and to reunite owners with money that rightfully belongs to them, according to Secretary of Revenue John Kennedy. Read Press Release
Rhode Island Treasurer Tavares Announces Release of 2000 Unclaimed Property List! The List Holds 12 Unclaimed Accounts Worth More than $25,000. Read more
Office of Vermont State Treasurer James H. Douglas: "Reuniting owners with their abandoned property has been a priority of mine since becoming State Treasurer". Read more
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