BATON ROUGE, La. (AP) — The state Department of the Treasury has returned $101,473 in unclaimed money to hundreds of Lake Charles area residents during a weekend event in Lake Charles.

State Treasurer John Kennedy said Monday that $35,000 was returned to southwest Louisiana residents years ago when they first visited Lake Charles. The average unclaimed property claim is usually around $200 to $400, but officials say this year there were several claims that totaled more than $1,000.

Kennedy's office has aggressively been trying to return unclaimed property. The database includes over 1 million people and businesses that are owed more than $500 million. The money is from old savings and checking accounts, payroll checks, stocks, insurance proceeds, oil and gas royalty payments, utility deposits and other funds.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

feed-image RSS Feed
LA LA Land
Advertisement

Read the Flipping Paper!

Click Here for the Entire Print Version of
IND Monthly
Advertisement
Advertisement