$10.2 million unclaimed

March 27, 2004|BY A SUN STAFF WRITER

Hard cash could be waiting for you to claim it.

Maryland Comptroller William Donald Schaefer's office has recently identified $10.2 million in unclaimed funds belonging to 28,674 people - an average of $355 apiece.

The names will appear in a 32-page advertising supplement next week in newspapers across the state. Residents can also search for their names online at www.marylandtaxes.com.

"We keep that money in perpetuity until it's claimed by the rightful owners," said Michael D. Golden, a Schaefer spokesman.

Some do step forward - the comptroller paid out $16.4 million last fiscal year - but most of the money simply sits.

The office has records on 470,000 accounts worth nearly $250 million.

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