Louisiana - Louisiana State Treasurer Dr. John Fleming personally delivered an unclaimed property check to Destrehan resident Alessandro Pieri on Tuesday, August 7. Initially, Pieri was skeptical when contacted by the Louisiana Department of Treasury, but after a few phone calls, he realized it was legitimate. He encourages all Louisiana residents to search online for unclaimed property, saying, "You might be as lucky as I am."

Pieri received a check for more than he expected, and his story serves as a reminder that many Louisiana residents may have unclaimed property waiting for them. According to Dr. Fleming, one in six individuals in the state has unclaimed property, with claims averaging $900. The treasurer recommends visiting LaCashClaim.org to search for unclaimed property, stating, "It's your money, we want you to claim it."

Currently, the Louisiana State Treasurer's Office holds $1.2 billion in unclaimed property, including payroll checks, old bank accounts, royalties, utility deposits, interest payments, stock certificates, and life insurance proceeds. These assets are turned over by businesses each year, and the office is responsible for returning them to their rightful owners.

Unclaimed property can arise from various sources, such as forgotten bank accounts, uncashed checks, or uncollected insurance proceeds. In many cases, individuals may not even be aware that they have unclaimed property. By searching the LaCashClaim.org website, residents can easily check if they have any unclaimed assets waiting for them.

Dr. Fleming's efforts to raise awareness about unclaimed property aim to reunite Louisiana citizens with their lost funds. With millions of dollars in unclaimed cash, stocks, bonds, securities, and insurance proceeds waiting to be claimed, it's essential for residents to take action and search for their unclaimed property.