Money could be waiting for you - WAOW - Newsline 9, Wausau News, Weather, Sports

Money could be waiting for you

WAUSAU (WAOW) -- In this tough economy, there certainly are a lot of scams. It seems impossible to find any legitimate claim to free money.

But Wisconsin has millions of dollars to give away—or, to give back. Many people don't even realize it's out there.

Wausau resident Tricia Nest didn't know it until last year when she received an interesting message.

"I got an email from a friend, you might have money somewhere, and I thought it was a hoax," said Nest.

But it wasn't a hoax. The email directed her to a website for Wisconsin Unclaimed Property. That's where the state treasurer posts information about financial assets that have gone unclaimed by their rightful owners. Those assets could be anything from uncashed checks to stocks to overpayments. Tricia was curious and started searching.

"Looked at my name, no money, looked at my husband's name, started looking up siblings," said Nest. "And I ended up finding money under my grandmother's name."

Her grandma had died in 2007, so she told her dad about it.

"He was skeptical, he wasn't sure that he would be able to get the money or how easy it would be," said Nest. "But he went to the site and it was very easy. He got the money in about eight weeks."

The amount—$632.00.

"It was a nice little payday for him," said Nest.

Just last week she searched the database again and found more money for her family.

"My sister has between ten and a hundred dollars, so I let her know and she's in the process of collecting that," said Nest. "My brother in law had between ten and a hundred dollars on the site last time, and it's still there."  

According to the state treasurer's office, Wisconsin is holding $391 million of unclaimed assets. In the first six months of 2011, that office returned almost $18 million dollars. But there's still a lot left.

Medford resident Kari Kuss saw her name on the database back in 2004.

"I waited for like six to eight weeks, and I got a check in the mail for $120," said Kuss. "Any little extra money always helps!"

And there's a lot more money still sitting there. Check it out—you never know what might be waiting.

To search for unclaimed property, and for information on how to file a claim, visit http://www.statetreasury.wisconsin.gov/section.asp?linkid=1381&locid=155.

We've also posted lists county by county with names of everyone currently owed money.

Newsline 9 would like to hear your stories about finding and claiming money through Wisconsin Unclaimed Property. Send us an email to dwoodruff@waow.com.  

Online Reporter: Daniel Woodruff

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