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How Safe Is Your Safe-Deposit Box?

May 12, 2008 8:54 AM

Not-So-Safe-Deposit Boxes: States Seize Citizens' Property to Balance Their Budgets

The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they're supposed to safeguard for their citizens. But a "Good Morning America" investigation found some states aggressively seize property that isn't really unclaimed and then use the money -- your money -- to balance their budgets.

Unclaimed property consists of things like forgotten apartment security deposits and uncashed dividend checks. Click here to read more.

May 12, 2008 | Permalink