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Connecticut State Program

Politics
New Report Reveals How CT Politicians Keep Unclaimed Money From Public New Report Reveals How CT Politicians Keep Unclaimed Money From Public
New Report Reveals How CT Politicians Keep Unclaimed Money From Public Billions of dollars in uncashed checks, forgotten insurance policies, and forgotten investments are being swept up by politicians in Connecticut, according to a new report from the CT Mirror. Between 2000 and 2021, the Connecticut Treasurer’s office reportedly colleges more than $2.3 billion through a state program that was initially created to return the unclaimed property and cash to investors. However, less than 40 percent of that money makes it back to its owners, according to the report, while the majority of the unclaimed cash has been going into the state’s general fund, making it e…

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by Zak Failla