Harrisburg, Pa. — More than $4 billion in unclaimed property is currently being safeguarded by the Pennsylvania Treasury Department. Even you don’t claim yours–if you have any–watch out that scammers don’t get it.
That’s a message this week from Treasurer Stacy Garrity, who warned residents that scammers are using text messages to target potential unclaimed property claimants.
Scammers are using text messages to target potential unclaimed property claimants. The Pennsylvania Treasury Department never reaches out to people in regard to any program, including unclaimed property, via unsolicited text messages.
Learn more: https://t.co/u6tLxZfQcZ pic.twitter.com/qVClJiGu0L
— PA Treasurer Stacy Garrity (@PATreasurer) April 27, 2022
Unclaimed property includes uncashed checks, forgotten bank accounts, stocks and bonds, and safe deposit box contents. Items often become unclaimed and are returned to the Treasury due to simple mistakes such as misspellings or incorrect addresses.
Unclaimed property may also include unissued military medals. Items such as collectible coins, jewelry, military medals, stamps, antiques, savings bonds or other physical objects are held for three years before being liquidated. If a person’s items are liquidated, they may still collect the money that the Treasury holds from the sale.
Treasurer Garrity made it clear…
