Unclaimed property notices mailed

AUGUSTA —The Office of the State Treasurer has sent notification of unclaimed property to 2,750 Mainers through the U.S. Postal Service on postcards, said state Treasurer Terry Hayes.

“If you do not receive a postcard from my office, you may still have property,” said Hayes. “Postcards were sent to select individuals with accounts that hold $1,000 or more, but there are hundreds of millions of dollars in additional property. Every citizen needs to review the list of unclaimed property. It should be just as routine as filing taxes each year.”

Hayes warned of fraudulent schemes purporting to be from her office. “If someone is asking for a payment or personal information, tear it up or hang up the phone, because that is a scam. Call our office directly or go to our website.”

At present, the treasurer holds $241,879,913 of unclaimed property. It is easy and free to file a claim. To file a claim, visit www.maine.gov/upsearch.

Unclaimed property consists of money and other financial assets that are considered lost or abandoned when an owner cannot be located after a specified period of inactivity. It includes items such as bank accounts, uncashed checks, life insurance policies, unpaid wages, stocks and dividends, refunds and safe deposit box contents.

Leave a Reply

Your email address will not be published.