- Last Updated on Wednesday, 16 October 2013 13:27
- Published on Wednesday, 16 October 2013 13:27
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The King George Triad program and the AARP held an unclaimed property event which resulted in a total of $7,506.68 in cash and stocks being recovered by King George and Westmoreland County residents.
The event was conducted through the Virginia Treasury’s Unclaimed Property Program which attempts to return money, stocks, bonds, dividends, utility deposits, insurance proceeds, tangible property and more to the rightful owners.
“King George Triad felt it important to introduce this program to the area and to caution seniors against being taken in by businesses that advertise they will help you find free money,” said Sgt. Karen Richards, the King George Sheriff’s Office liaison with Triad.
“There is no need to buy books on finding ‘free money’ which ultimately just provide the reader with the Virginia Treasury’s telephone number and website. And, don’t deplete your return by dealing with a businesses that charge a high percentage finder’s fee for locating Unclaimed Funds,” Richards said.
The “Finding the Money” event was held at King George Parks and Recreation. A presentation was provided to explain what unclaimed property is, how residents can claim property, and how to avoid scams that try to associate with the program.
During the three-hour event, approximately 60 people met with the treasury representatives and checked their names and the names of family members in the database.
“Many left with big smiles after finding unclaimed funds,” Richards said. “If you would like to search your name or find out more about this free program, go to vamoneysearch.org.”
“If seniors are uncomfortable conducting their own unclaimed property search, they may want to ask a trusted family member or friend to help them through the process,” Richards said.