Over 51,000 New Properties are Owed to Individuals and Businesses Including Some World Champion Patriots and Red Sox Players
BOSTON — Mass. State Treasurer Deborah B. Goldberg today announced the latest grouping of names that have been added to the states list of unclaimed property owners. Over 51,000 new properties worth millions of dollars are owed to individuals and businesses throughout the Commonwealth, including some famous New England Patriots and Boston Red Sox players. David Ortiz, New England Patriots Head Coach Bill Belichick, and Quarterback Tom Brady, are all owed money held with the state.
"David Ortiz should give us a call, said Treasurer Deborah Goldberg. We currently hold over $2 billion in unclaimed property at Treasury including his, and it's not just for our favorite sports stars. One in ten Massachusetts residents are owed money.
Unclaimed property includes forgotten savings and checking accounts, un-cashed checks, insurance policy proceeds, stocks, dividends, and the contents of unattended safe deposit boxes. Most accounts are considered abandoned and are turned over to the state after three years of inactivity. Last year Treasury returned over $112M in property to its rightful owners, making the Commonwealth the state to return the most money on a per-capita basis.
This newly released list includes only individuals and businesses with unclaimed property over $100. Treasurer Goldberg urged all citizens to check the comprehensive list for all amounts at www.findmassmoney.com or to call our live call center at 888-344-MASS (6277).
The full list of the new individuals and businesses added to the unclaimed property list will be published in the Boston Globe on Sunday, March 1st and in the Boston Herald on Sunday, March 8th. In addition to these two papers the list of names will be published in over 30 regional and local papers.
The Treasury releases an updated list of unclaimed property assets every six months as the new accounts are turned over to the Commonwealth. There is no time limit for a person to claim this property and, in many cases, claimants will receive interest.