Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Fayette | Henderson | Lakes | McCracken | Warren | Webster

Treasurer Hollenbach Warns 'Beware of Treasure Scammers'

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)

© Copyright 2014 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 by using one of the social media links below.

3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16

Stock Report

1 DOW 16,943.81
0.00 (0.00%)    
2 S&P 1,967.51
+2.83 (0.14%)    
3 NASDAQ 4,415.49
0.00 (0.00%)    
3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16
3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16

In Other News...

July Chamber Meeting

GREENVILLE, Ky. (7/11/2014) — The Greater Muhlenberg Chamber of Commerce welcomed Wendell Ford Training Center… Read More

Muhlenberg District Court Fines Handed Down

GREENVILLE, Ky. (7/11/14) ― The following Muhlenberg District Court fines were recently handed down. Bobby Kenner,… Read More
3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16

Most Read This Week (Site-Wide)

July 08, 2014 11529

UPDATE: Arrest Made in Shooting Death of…

in Top Stories by Charles W. Riley II, SurfKY News
July 07, 2014 6107

Madisonville Police Bust Prostitution…

in Top Stories by Major Chris Taylor
July 11, 2014 5343

Madisonville Kmart to Close in October

in Top Stories by Ami Clayton, SurfKY News
July 09, 2014 3874

Madisonville Woman Arrested for Alleged…

in Top Stories by Madisonville Police Department
July 09, 2014 2992

Crime Stoppers Top Most Wanted - July 9,…

in Top Stories by Crime Stoppers

Most Read Stories from Hopkins County

July 07, 2014 6107

Madisonville Police Bust Prostitution…

in Top Stories by Major Chris Taylor
July 11, 2014 5343

Madisonville Kmart to Close in October

in Top Stories by Ami Clayton, SurfKY News
July 09, 2014 3874

Madisonville Woman Arrested for Alleged…

in Top Stories by Madisonville Police Department
July 09, 2014 2992

Crime Stoppers Top Most Wanted - July 9,…

in Top Stories by Crime Stoppers
July 11, 2014 2279

Local Man Dies After Bike Collides With…

in Top Stories by Robert D. Littlepage

Most Read Stories from Owensboro

July 08, 2014 1777

Nashville Predators are Coming to the…

in News by Brittni Bunn
July 08, 2014 1659

Owensboro Police Department Reports…

in News by Dennis Beard, SurfKY News
July 08, 2014 1566

Owensboro Neighborhood Alliance Meeting…

in News by Abby Shelton
July 09, 2014 1091

Passport Health Plan Announces Contract…

in News by Jill J Bell
July 08, 2014 868

Register Now for 2014 Fall Adult Softball…

in News by Brittni Bunn

Most Read Stories from Muhlenberg County

July 08, 2014 11529

UPDATE: Arrest Made in Shooting Death of…

in Top Stories by Charles W. Riley II, SurfKY News
July 08, 2014 2713

Two Vehicle Collision with Injuries

in Top Stories by Charles W. Riley II, SurfKY News
July 08, 2014 2471

Graham Man Arrested on Several Charges

in Top Stories by Sheriff Curtis McGehee
July 08, 2014 1653

Greenville Mayor Says DUI Driver Could…

in Top Stories by Paul McRee, SurfKY News
July 09, 2014 1379

Business Spotlight - My Sister's Stuff

in Top Stories by Charles W. Riley II, SurfKY News

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)

SurfKY Owensboro News Bureau
920 Frederica St. / Suite 210  •  Owensboro, KY 42301  •  270.683-8060 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 06social 21social 22social 04social 03