New Statistics Show 1 out of 8 Oklahoma Residents are Owed Unclaimed Funds

Released on = April 17, 2007, 3:07 pm

Press Release Author = Nicole Anderson

Industry = Financial

Press Release Summary = Oklahoma State Treasury Department is holding $175 MILLION
in lost money that is owed to 350,000 residents. Based on current Oklahoma
population estimates that means 1 out of every 8 adults are owed unclaimed money!


Press Release Body = Oklahoma State Treasury Department is holding $175 MILLION in
lost money that is owed to 350,000 residents. Based on current Oklahoma population
estimates that means 1 out of every 8 adults are owed unclaimed money.

In Oklahoma property is considered unclaimed when there is a lack of activity
generated by the rightful owner of the property. The OK State Treasury website
defines this further by stating, "Evidence of this inactivity includes failure to
cash a check, the return of a check or correspondence by the Post Office as
undeliverable, or the absence of any communication from the owner."

If property remains unclaimed for a certain number of years set by statute, it is
considered abandoned and must be reported to the state\'s unclaimed property program.

The largest single unclaimed money account owed to an Oklahoma resident is $573,000

The OK unclaimed funds then site waiting to be found by the rightful owner. Many
Oklahoma citizens are unaware that unclaimed money exists nor are most aware how
likely it is they are owed money.

Based on current Oklahoma population estimates approximately one out of every 7
people in Oklahoma is owed unclaimed money!

In 2006 $12.5 MILLION was returned to rightful owners. While returning this money
is progress it was only a fraction of the total unclaimed money. $40 MILLION in new
unclaimed money turned over to the state in 2006 alone.

Unclaimed Property in Oklahoma is listed on reports published twice each year in
newspapers and is now available via the Internet. Oklahoma residents and others
nationwide can search for Unclaimed Property now and after they claim money owed to
them should received a check in the mail within 1 to 8 weeks!

Bill McIntosh, Founder of www.cashunclaimed.com, stated, "Oklahoma residents need to
be notified that there is a high likelihood they are owed money. This money is not
the State of Oklahoma's and residents showed search for and claim there money."

Cashunclaimed.com is the largest unclaimed money database, including all state and
federal databases. CashUnclaimed.com was founded to assist owners in easily locating
and claiming their lost funds. The site offers more information on unclaimed money
and free unclaimed money search at www.cashunclaimed.com.

Contact Nicole Anderson at 714-277-3040 extension 707 for an interview, media
questions or information about the charitable donations or event. Or contact her by
email at: PR@CashUnclaimed.com

###


Web Site = http://www.cashunclaimed.com

Contact Details = Street Address: 19881 Brookhurst St C-285
City: Huntington Beach
State: CA
Country: USA
Zip Code: 92646
Phone Number: 714-277-3040x707
Contact Email: pr@cashunclaimed.com

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