todd hollenbach 300FRANKFORT, Ky. (7/15/13) – State Treasurer Todd Hollenbach is informing the public that several business firms are using the “Freedom of Information Act” to obtain unclaimed property owner information in order to “sell” individuals an unclaimed property search. Treasurer Hollenbach states that, in addition, there are also businesses, sometimes called “finders” or “locators,” that find legitimate lost property for owners and offer to help them obtain it for a fee, usually a percentage of the total. The majority of firms that provide these services work within the law, but there are also many unclaimed property scams across the United States.
 
Treasurer Hollenbach recommends caution, “The bottom line is that all the information is accessible free of charge by searching our secure website, or by contacting our unclaimed property office here at the Treasury in Frankfort. A person may pay someone to search and help file a claim if one wishes, but it is truly unnecessary given the high quality of assistance and accessibility we provide at Treasury.”
 
Once a claim is filed, it is processed by Treasury employees for a maximum fee of one ($1) dollar that is deducted from the value of the claimed property. “Unfortunately, the popularity of our Treasure Finders program and the amount of money involved has created a cottage industry of people offering to serve as intermediaries for a fee. Some of these intermediaries seek to convince people that their services are necessary to reclaim their property, and their fees are often excessive. My hope is that no one has fallen victim to one of these dubious enterprises. To ensure that people are not being taken advantage of, I encourage them to only go to our secure website or to call us here in Frankfort if they don’t have internet access.”
 
Through his unclaimed property program, Treasure Finders, Hollenbach has returned over eighty-four million ($84,000,000) dollars of lost and abandoned property to thousands of Kentuckians and is still in possession of more than four hundred million ($400,000,000) dollars which he hopes to return to its rightful owners. “These record breaking results have been achieved by utilizing a vast network of volunteers who spend time calling members of their community as part of our Treasure Finders initiative.” Hollenbach added. “Once those people are reached by our volunteers, they are put in contact with a member of our highly capable and helpful staff within the unclaimed property department, who walks each person through the entire process to make it as easy as possible to reclaim their property,”
 
Treasurer Hollenbach created the Treasure Finders program in Kentucky as a proactive way to reach out and let Kentuckians know about lost money and other assets being held for them by their state treasurer. This year marks the 5 year anniversary of Treasure Finders.
 
To securely search for unclaimed property, visit www.missingmoney.com or call toll free 1-800-465-4722
 
SurfKY News
Information provided by Mark Pfeiffer (Director of Unclaimed Property and Communications)

e-max.it: your social media marketing partner

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

In Other News...

Greenville Concert Series Kicks Off with More Than 1,500 Attending

The Greenville Saturday on the Square concert series kicked off its 2015 lineup with Canadian-based Brass Transit, a… Read More

Muhlenberg Allstars 10-11 Defeat Daviess 13-7

WARREN COUNTY, Ky. (6/29/15) — The Muhlenberg Allstars 10-11-year-old boys defeated Daviess County Saturday, June 27 at… Read More
1 DOW 17,596.35
-350.33 (-1.95%)    
2 S&P 2,057.64
-43.85 (-2.09%)    
3 NASDAQ 4,958.47
-122.04 (-2.40%)    

Most Read This Week

June 24, 2015 44293

Western Kentucky, Southern Indiana's Largest…

by Doreen Dennis, SurfKY News
June 24, 2015 5137

Unraveling the $34 Billion KRS Ponzi Scheme

by Dr. William F. Smith
June 25, 2015 4241

Accused Synthetic Drug Traffickers Remain in U.S.…

by Doreen Dennis, SurfKY News
June 28, 2015 3034

'Curb Service’ at Local Eatery Ends with DUI…

by Doreen Dennis, SurfKY News
June 29, 2015 2980

UPDATE: Victim of Home Invasion/Homicide Died of…

by SurfKY News

Most Read This Month

June 24, 2015 44293

Western Kentucky, Southern Indiana's Largest…

by Doreen Dennis, SurfKY News
June 19, 2015 10887

Hopkins County Health Department Food Scores Thru…

by Barry Franklin

Stories Trending Now

June 28, 2015 3034

'Curb Service’ at Local Eatery Ends with DUI…

by Doreen Dennis, SurfKY News
June 29, 2015 2980

UPDATE: Victim of Home Invasion/Homicide Died of…

by SurfKY News
June 29, 2015 1959

Alleged Breast Display Ends in Domestic Assault…

by SurfKY News
June 29, 2015 1873

Nortonville Man Accused of Trying to Choke…

by SurfKY News
June 28, 2015 1780

2015 Freedom Fest Pageant Winner Chosen

by Tammy Holloway, SurfKY News
June 27, 2015 1392

White Plains Freedom Fest Provides Free Family Fun

by Tammy Holloway, SurfKY News
June 29, 2015 1322

Two Locals Face Drug Charges

by SurfKY News
June 29, 2015 877

Accused Synthetic Marijuana Traffickers Appear in…

by Doreen Dennis, SurfKY News
June 28, 2015 783

Can You Recognize a Bully?

by Melissa Landon
June 28, 2015 726

Two Vehicle Accident Results in Injuries

by SurfKY News