Unclaimed Money owed to 1 in 12 people in South Dakota

Released on: January 16, 2008, 11:10 pm

Press Release Author: Nicole Anderson

Industry: Financial

Press Release Summary: Santa Ana, CA - January 15, 2008 - Nearly $2.2 Million in
unclaimed money was returned by South Dakota's unclaimed money department, in 2007
reported the SD treasury.

South Dakota Treasury Department paid out 5,090 unclaimed money claims in 2007
stated Treasurer. There is still an unclaimed money account of $372,702.75 that
remains unclaimed.

The national total of unclaimed money now totals nearly $35 BILLION.

Cashunclaimed.com is the largest unclaimed money database, including all state and
federal databases. The site offers more information on unclaimed money and free
unclaimed money search at www.cashunclaimed.com

Press Release Body: Santa Ana, CA - January 15, 2008 - Nearly $2.2 Million in
unclaimed money was returned by South Dakota's unclaimed money department, in 2007
reported the SD treasury.

South Dakota Treasury Department paid out 5,090 unclaimed money claims in 2007
stated Treasurer. The average claim was over $400 and the unclaimed cash paid out
totaled $2,235,949.

South Dakota's State Treasure's office takes pride in the amount of unclaimed money
returned each year.

However they neglect to acknowledge the hundreds of thousands of dollars private
companies, such as Cashunclaimed.com, have spent reaching out to the public,
including the residents of South Dakota.

Many state treasury offices do very little to reach out to the public and inform
them of unclaimed money. Some states only published a generic ad in a small paper to
advertise unclaimed money to the public.

State governments use unclaimed money they receive to lighten the load on their
strapped budgets. No wonder they were not eager to return BILLIONS of dollars to the
people.

The largest claim paid from South Dakota's State Treasure's office was $300,000!
There is still an unclaimed money account of $372,702.75 that remains unclaimed.

The public should be informed of the unclaimed money, not only in South Dakota, but
nationwide. The national total of unclaimed money now totals nearly $35 BILLION.

Recognizing the need for a greater outreach to the public and the additional need to
give people an easy way to find their unclaimed money, private companies built
databases that combined unclaimed money from all 50 states and federal databases
then spent huge sums of money advertising \"Unclaimed Money\" to the public.

Coincidentally, since the creation of these private higher quality sites that spend
money to make the public aware of unclaimed money the total of returned unclaimed
cash has grown BILLIONS!

The public is strongly encouraged to search a quality unclaimed money database and
not a single state search, as they are likely to miss unclaimed money owed to them.

Unclaimed money, commonly known as unclaimed property, includes forgotten checking
and savings accounts, uncashed payroll checks and tax refund checks, utility deposit
refunds, stocks, bonds and dividends, and even safety deposit box contents.

For most states the statute requires that after one to five years of inactivity
businesses across the country are required to turn all unclaimed money and unclaimed
property to the state treasurer's office for safekeeping.

All people are strongly urged to search and see if they are owed unclaimed money.

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

Contact Details: 19881 Brookhurst St Suite C-285
Huntington Beach, CA 92646
714-277-3040 extension 707
pr@cashunclaimed.com

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