Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | Webster
Davis Motor Sales banner ad

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.

button coupons
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
button classifieds

In Other News...

Women’s Ministries Annual Bazaar Raises Funds for Missions

MADISONVILLE, Ky. (11/24/14) — The Oakley Home General Baptist Church Women’s Ministries hosted its 20th Annual Craft… Read More

Hopkins County Sheriff's Reports Released

HOPKINS COUNTY, Ky. (11/24/14) — The Hopkins County Sheriff's Office released the following reports Monday, Nov. 24.… Read More
Started 11/8/2013
Started 11/8/2013

Most Read This Week

November 21, 2014 6050

Man Accused of Assaulting Coach During Basketball…

in Local (Muhlenberg) Top News by Rita Dukes Smith, SurfKY News Director
November 18, 2014 5278

Couple Charged for Concealing Food in Infant Car…

in Local (Hopkins) Top News by Madisonville Police Department
November 22, 2014 3693

One Injured in Two Vehicle Collision in Greenville

in Local (Muhlenberg) Top News by Miria Thomas
November 21, 2014 3690

Crashing Dump Trucks in Work Zone Cause Pennyrile…

in Top News For All Sites Touching Hopkins by Trooper Stu Recke
November 19, 2014 3667

Two Killed When Vehicle Becomes Airborne, Strikes…

in Local (Owensboro) Top News by Daviess County Sheriff's Office
November 19, 2014 3618

Is Bankruptcy Your Best Option?

in General News For All Sites by SurfKY News
November 18, 2014 3591

Area Talent to Film Music Video at Merle Travis…

in Local (Muhlenberg) Top News by Paul McRee, SurfKY News
November 19, 2014 3142

Three Injured in Two-Vehicle Collision on South…

in Local (Hopkins) Top News by Gwen Smith
November 21, 2014 2933

Muhlenberg District Court Fines Handed Down

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
November 21, 2014 2681

Madisonville Police Arrest Reports - Nov. 21, 2014

in Hopkins News by Madisonville Police Department

Stories Trending Today

November 22, 2014 1463

Kentucky Filmmaker to Release New Horror in March

in Top News For All Sites by Amber Averitt, SurfKY News
November 23, 2014 1336

Motor Fuels Tax Rate to Decline by 4.3 Cents Per…

in Top News For All Sites by James Isaman
November 23, 2014 1246

Light of Chance, Inc. Re-Launches New, Innovative…

in Hopkins News by Eric Logan
November 24, 2014 1208

Two Charged for Possession of Meth After…

in Local (Muhlenberg) Top News by MCSO/PIO Alex Piper
November 23, 2014 1207

Flavorful Twist on a Sunday Brunch Staple

in General News For All Sites by SurfKY News
November 23, 2014 1179

KSP Post 2 Thanksgiving Holiday Enforcement

in General News For All Sites by Trooper S. C. Recke
November 23, 2014 1066

Holiday Menu Planning for First-Time Hosts

in General News For All Sites by SurfKY News
November 23, 2014 944

Legislator's Log - Week of Nov. 23, 2014

in General News For All Sites by Brent Yonts
November 23, 2014 943

Wreaths to Honor the Fallen at State Veterans…

in General News For All Sites by Lisa Aug
November 23, 2014 889

Dave Says - Nov. 23, 2014

in General News For All Sites by Dave Ramsey

SurfKY News Group, Inc.
Corporate Office & Studio
1125 Nebo Rd.  •  Madisonville, KY 42431
270.452.2727 (phone)
  •  270.452.2249 (fax)


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

social fbsocial twsocial yt
social gpsocial flrsocial rss