- Associated Press - Monday, October 31, 2016

RICHMOND, Va. (AP) - The Treasurer of Virginia says one in four residents in the state has unclaimed property.

WSLS-TV in Roanoke reports (https://bit.ly/2ejPEac) that more than $2.5 billion worth of cash and valuables are in the Treasury’s care.

They include a solid gold bar worth about $20,000 and a three-carat diamond ring. There are also tools, cookware, vacuum cleaners and guitars.

It all comes from various places. For instance, banks turn dormant security boxes over to the state. There are also life insurance policies that beneficiaries are unaware of.

Some individuals over the years have reclaimed lost property that was worth more than $1 million.

People can check the state’s website for any unclaimed property that may belong to them.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide