Oklahoma Owes Citizens More Than $260 Million In Unclaimed Money

The city of Antlers, OK bills itself “The Deer Capital Of The World”. By the city’s name alone, one can guess a lot of bucks are running-around in the woods of Oklahoma. Hundreds of millions of lost bucks are also in the State’s Treasury Department and, you guessed it- they’re not brown and furry and their not running around. I’m talking about the $260 million in Oklahoma unclaimed money sitting-around in the State Treasurer’s Office. These funds belong to roughly 350,000 residents who have somehow lost track of them over the years. The main reason the state’s fund got so big is because most of the owners don’t even know they have money being held by the state!

“I didn’t know I had it.” says Leiland Osmond, after being reunited with $150 of his missing money in an Oklahoma unclaimed property outreach program at the State Fair. Oklahoma State Treasurer Scott Meacham says he’s not alone. “Obviously, a lot of people have lost money and don’t realize it.” says the Treasurer in a recent report by Oklahoma’s KSBI-TV. Visiting the fair paid-off for Osmond who plans to share his newly found money. “My grandchildren will take care of it.” (more…)

Published in:  on April 30, 2008 at 11:02 pm Leave a Comment
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