$4.2 Million in Unclaimed Property Dollars Sent Out to Louisiana Residents
Thousands of Louisiana residents will be receiving checks in the mail from the state as part of unclaimed property dollars collected by the treasury.
Treasurer John Schroder's office says that more than 44,500 checks, totaling $4.2 million, went out this week. The maximum check is $1,500.
Schroder wants to make sure that people know that this is not part of a scam and they don't throw the checks away. He said if someone receives a check with the state seal on it, they should "take it to the bank."
Money in the unclaimed property fund comes from old savings and checking accounts, payroll checks, stocks and dividends, insurance proceeds, oil royalty payments and utility deposits that aren't immediately claimed by their owners.
Click here to see how many checks and how much money is going out per parish.
And to check if you have unclaimed money, click here.