1540 WADK.com Updates

The state treasurer's office says that a total of $11.7 million in unclaimed property was returned to nearly 9,000 Rhode Islanders in the last fiscal year.

The office of General Treasurer Seth Magaziner oversees more than $265 million in property that's waiting to be reclaimed.

The office returned $11.7 million in unclaimed property to 8,860 people in the 2016 fiscal year.

Magaziner says his office is working hard to reunite people with their money and property. Many of the claims processed average a few hundred dollars.

He asks people to visit the office's website to reclaim property.

Unclaimed property can include money left in old bank accounts and safe deposit boxes, uncashed paychecks, unused gift certificates, unreturned utility deposits, uncollected insurance payments and forgotten stocks and dividends.




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