Bruce Newbury
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1540 Updates

Treasurer: 50,000 People Get $15.2M In Unclaimed Property

The state treasurer’s office says $15.2 million in unclaimed property was returned to nearly 50,000 Rhode Island residents in the last fiscal year. Treasurer Seth Magaziner says the number of people who received unclaimed property is nearly five times the amount of any previous year. He credits the increase to a new initiative that automatically sends checks to many people listed in the unclaimed property database.



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