1 Comments for this article

Tags: , ,

RALEIGH, NC (AP) — Nearly $400 million lost in the electronic equivalent of the sofa cushions is waiting for its rightful owners in North Carolina to claim it.

State Treasurer Janet Cowell said Wednesday her office operated a booth at the Mountain State Fair last week in Fletcher and found people who may be entitled to recover nearly $70,000 in unclaimed property. The treasurer’s office also plans to operate a booth at the State Fair next month.

The state’s unclaimed property fund collects long-forgotten cash from insurance policies, checking accounts, utility deposits and other items. Proceeds from the fund’s investments are required by law to go toward scholarships and loans for needy college students.

The unclaimed property program helped more than 100,000 students in 2010.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Comment on this Story

Related News

Pat McCrory arrives at Trump tower on December 7, 2016 (Photo: CNN)
4 days ago
0 Comments for this article
Pat McCrory arrives at Trump tower
Read More»
Gov. Pat McCrory (right) joins Republican presidential nominee Donald Trump on stage at a rally in Wilmington on Nov. 5, 2016. (Photo: Dustin Dorsey/WWAY)
5 days ago
0 Comments for this article
Trump to meet with Gov. McCrory Wednesday
Read More»
stabbing
5 days ago
0 Comments for this article
Mother, daughter found in NC well died from stab wounds
Read More»