$46,761 Returned to Fairgoers in Sedalia

August 31, 2009

by Missouri State Treasurer

Treasurer Zweifel’s office returns assets to 245 people

JEFFERSON CITY, MO – August 31, 2009 – (RealEstateRama) — State Treasurer Clint Zweifel announced today that his Unclaimed Property Division had returned $46,761 to 245 people at the 2009 State Fair for an average of $190.86 per claim. About 12 percent of people who stopped to check the free service received monies back.

“By being at the State Fair, Unclaimed Property remains visible to Missourians and reminds citizens there is still $500 million out there waiting to be claimed,” Treasurer Zweifel said. “We work every day to get this money back into the economy. It has a real impact.”

Treasurer Zweifel’s Unclaimed Property Division was located in the Mathewson Exhibition Center from 10 a.m. to 4 p.m. each day of the State Fair. Fairgoers were able to use the free service to search for property, file claims and ask questions.

In fiscal year 2009 the Unclaimed Property Division returned a record 75,441 accounts representing over $26.6 million.

“Through promotion, proactive outreach and word of mouth, Missourians are claiming their property and there has never been a better time to get this money back into owners’ hands,” Treasurer Zweifel said.

The Unclaimed Property Division, which never charges to return property, holds abandoned assets from bank accounts, stocks, bonds, insurance policy proceeds, government refunds, utility deposits, wages from past jobs and contents of safe deposit boxes. This property is turned over to the state by financial institutions, insurance companies, public agencies and other business entities if there has been no documented transaction or contact with the owner for five or more years.

For more information on Treasurer Zweifel’s Unclaimed Property Division, go to www.ShowMeMoney.com or call (573) 751-0123.

Contact:
Jon Galloway
(573) 751-7595 – Office
(573) 418-2923 – Cell