The State Treasurer’s Office returned a record-setting $83.5 million to rightful owners of unclaimed assets during the 2012 fiscal year, shattering last year’s record high by more than $30 million.
This historic payout was due in large part to a claim for $32.8 million — the largest single claim for unclaimed property in Connecticut’s history, said State Treasurer Denise L. Nappier.
The $32.8 million claim was for proceeds from the sale of 1,259,925 shares of stock received by the Treasury in the name of one person. The owner, who has asked to remain anonymous, was listed on the Treasury’s Unclaimed Property website, www.CTBigList.com, and the owner’s broker of record contacted the Treasury to make a claim.
Since Nappier took office in 1999, the Treasury’s Unclaimed Property Division returned in excess of $362 million to nearly 210,000 individuals, businesses and organizations.Â
