AUGUSTA — The state of Maine is holding unclaimed money belonging to residents in a fund that has grown to $249 million.
This property consists of financial assets that have gone unclaimed by their owners.
The last known owner’s information is now available at www.maine.gov/upsearch. In total, the state treasury has more than $249 million unclaimed from more than 67,000 individual properties.
Unclaimed property is cash and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of time. It includes, among other items, checking accounts, certificates of deposit, overpayments, gift certificates, paid-up life insurance policies, unpaid wages, uncashed checks, death benefits, dividends, insurance payments, refunds, savings accounts, stocks and contents of safe deposit boxes. Unclaimed property does not include real estate, animals or vehicles.
Millions of dollars are turned over annually to the state treasurer’s office by entities who cannot locate the owners. Those whose names are on the list may file a Claim electronically at www.maine.gov/upsearch. Also, be wary of scammers; you do not need to pay anyone to file your claim as filing a claim is both easy and free.
