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Show Me the Money! CFO Sink’s Bureau of Unclaimed Property Doles out Record Millions

7/1/2009

FOR IMMEDIATE RELEASE: July 1, 2009                               
CONTACT: Kyra Jennings or Kevin Cate, (850) 413-2842
 
SHOW ME THE MONEY!
CFO SINK’S BUREAU OF UNCLAIMED PROPERTY DOLES OUT RECORD MILLIONS
 
TALLAHASSEE- Florida CFO Alex Sink today announced that her Bureau of Unclaimed Property returned over $173 million in unclaimed property for the 2008-2009 Fiscal Year -- the largest amount in state history.
 
“I am especially proud that in these tough economic times our Bureau of Unclaimed Property was able to return millions of dollars to Floridians through a diligent, proactive, and business-like approach to seeking owners and responding to citizens,” said CFO Sink. “I am so proud of the hard work of our Bureau that set this record and I encourage all Floridians to visit FLTreasureHunt.org and see what property they may have still waiting.”
 
Since the program’s inception 48 years ago, the Bureau of Unclaimed Property has successfully reunited owners or relatives of deceased owners with more than $1.4 billion in unclaimed property held in Florida. During Alex Sink’s tenure as CFO, the Bureau has successfully reunited owners, heirs and businesses with more than one-third of all money returned since the beginning of the program, due largely to an aggressive effort to contact property owners.
 
The Bureau of Unclaimed Property is currently holding 8.8 million accounts, mostly from dormant accounts in financial institutions, unclaimed utility deposits, insurance benefits, premium refunds, uncashed checks and trust accounts, as well as watches, jewelry, coins, stamps and historical items from abandoned safe deposit boxes. Unclaimed property can be claimed for free at any time by the rightful owners or heirs by logging on to www.FLTreasureHunt.org or by calling the Bureau at 1-88-VALUABLE.
 
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