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Florida has record-breaking month of unclaimed property returns

Florida has record-breaking month of unclaimed property returns
Florida has record-breaking month of unclaimed property returns
Posted at 4:49 PM, Mar 20, 2018
and last updated 2018-03-20 14:40:53-04

TALLAHASSEE, Fla. (WTXL) - Florida's Chief Financial Officer Jimmy Patronis, announces a record-breaking month of unclaimed property returns.

The CFO's office says during the month of February, the divisions total returns were valued at nearly 38-million dollars, exceeding a previous record by almost two million dollars.

However, the state's office says in the Big Bend alone, there are roughly 163,000 accounts, with property worth more than $34 million, that remain unclaimed.

"These are people who had maybe a credit balance from a company they did business with years ago, a refund or a uncashed check and if it was for the unclaimed property program, getting these items from businesses that are holding those 95 percent of the people that we pay, would never know about it," said Walater Graham, the director of division of unclaimed property.

Visit www.fltreasurehunt.gov to check for accounts that the unclaimed property program may be holding onto for you or your business. As outlined in Florida law, the claimant must submit a claim form in order to claim an account.