BUFFALO, N.Y. (WIVB) — Albany could be holding onto your money and you don’t even know it. Billions of dollars in “lost funds” have built up over the years. Residents can access a website to find out if they are owed money.
The Unclaimed Funds account is set up by the State Comptroller’s Office, but it’s not the state’s money.
Comptroller Thomas DiNapoli’s office has set up a video that shows you how to find any money you might have lost in New York. It could be a gift certificate that was never used, a savings account in your name that a bank got tired of holding onto and turned over to the state, or a tax refund that you didn’t claim.
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A News 4 reporter checked in a few years ago, and got $50 back from the state, then Monday the reporter checked the Unclaimed Funds website again, and found two more accounts in his name.
The Unclaimed Funds account also holds money lost by corporations and charities, which might require additional paperwork to prove who the rightful owner is.
All 50 states have their own “lost money” funds set up, and there are several other accounts holding lost money. You can find a link to New York’s Unclaimed Funds website here, and here is a link to a government website for locating other lost money.