Los Angeles – Unclaimed money and property are a common occurrence, and California is no exception. Now, the California State Controller’s Office, which manages the state’s Unclaimed Property division, has identified a surprising treasure trove waiting for Disneyland and its related entities.
Millions in Unclaimed Funds
An audit by LA News Center uncovered over 0,000 worth of unclaimed cash sitting idle. Disneyland and its partners have failed to claim substantial payments from various businesses, including:
- Clean Harbors: ,766.48
- Marriott: ,069.36
- Los Angeles Dodgers: ,032.00
- Xerox: Undisclosed amount
- Bank of America: Undisclosed amount
- L.A. County Fair: Undisclosed amount
- Costco: Undisclosed amount
Disneyland’s Not Alone
The audit revealed that Disneyland is not the only entity with unclaimed funds. Numerous other businesses, including parks and Disney’s competitors, have substantial sums waiting to be claimed.
To claim unclaimed money, individuals or businesses can search the California State Controller’s website. They must provide information such as their name and social security number, and the state will determine eligibility for the funds.
State Controller’s Unclaimed Funds
Interestingly, LA News Center’s investigation also discovered that the California State Controller’s Office itself has over 0,000 in unclaimed funds. This includes payments from major companies such as:
- Johnson Controls: ,672.12
- Johnson and Johnson: ,224.28
- Farmers and Merchants Bank: ,720.92
- HBSC Bank: ,869.61
- Insight North America: ,763.81
- IAC Interactive: ,967.54
- First Republic Bank: ,586,25 and ,258.58
- Alorica: ,065.98
- Mechanics Bank: ,264.79
- Motorola: ,532.88
- Koch Industries: ,378.56
When contacted by LA News Center, the State Controller’s Office acknowledged the issue. It attributed the oversight to out-of-date systems that can lead to inaccurate data. The office stated that it is transitioning to a new system that will improve the accuracy of its records.
Conclusion
Unclaimed funds aren’t just a thing of the past. Even major corporations and government agencies can overlook substantial sums of money. It’s important to periodically check the California State Controller’s website or other relevant resources to see if you have any unclaimed funds waiting for you. With a little effort, you could uncover a hidden treasure that can make a meaningful difference.
