HAMPTON ROADS, Va. – Right now, $2 billion of unclaimed money is just waiting for Virginia citizens to claim through the Virginia Department of Treasury.
With so many people out of work and in need of cash, the Virginia Department of Treasury is making a plea for the public to search their name to see if they are owed anything.
Some of the highest amounts of unclaimed money for an individual are in the millions. Most claims aren’t that high, but many people don’t realize there is money owed to them.
Virginia state officials told News 3 when a company is trying to return money to an individual and they can’t find them, by law it’s eventually sent to the Department of Treasury.
This could be old utility deposits, stocks, bonds, dividends, insurance proceeds and even physical property.
“We want the public to know that this is a free public service,” said Virginia Department of Treasury spokesperson Diana Shaban.
Previously, News 3 went to their headquarters in Richmond and looked inside the vault where items are kept.
“It’s amazing. It’s one of the best jobs I’ve ever had to be able to connect a citizen and let them know that they have funds,” said Shaban.
Shaban said right now there is a push to reunite even more people with money. The coronavirus has left so many without work and needing cash.
“Just last week and this week we’ve been able to reunite 25 small businesses with funds that they did not know that they had,” said Shaban. “Please, please - I urge all Virginians to check our free search site. You may have funds and you’re not losing anything by typing in your name, type in your business name, your deceased loved ones. You have nothing to lose, but you may have something to gain.”
The Virginia Department of Treasury told News 3 that they are owed money in two separate incidents in the past.