States Seize Citizens’ Property to Balance Their Budgets
Resources to Search for Unclaimed Property in Your Name
By ELISABETH LEAMY
May 12, 2008
The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they’re supposed to safeguard for their citizens. But a “Good Morning America” investigation found some states aggressively seize property that isn’t really unclaimed and then use the money — your money — to balance their budgets.
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Posted in Economy, Police State