TREASURE HUNT: State Fair Goers Reclaim Lost Assets
Some Iowans visiting the State Fair went home with more money than they spent.
The Great Iowa Treasure Hunt had a booth in the Varied Industries building. Fairgoers used computers to search the Iowa Treasurer’s data base for any unclaimed property.
According to Iowa State Treasurer Michael Fitzgerald, unclaimed assets can come in many forms.
“It comes from a lot of different sources, a lot of it’s banking accounts, checking accounts, savings accounts that they forget,” says Fitzgerald.
“People forget about lock boxes they leave stocks and bonds in. People move and don’t get their deposits for their utilities, and then there’s insurance companies that send people checks that they don’t cash; they think its junk mail. So, the list goes on, and on, and on, the way people forget about money.”
More than 8,500 people found money totaling more than $1.9 million.
The largest Treasure hunt Find was more than $107,000.
For more information on the Great Iowa Treasure Hunt, you can visit their website.