Indiana Attorney General Wants to Give Back $350 Million

By Daniela Salvador

May 15, 2012 Updated May 15, 2012 at 1:14 PM EDT

Fort Wayne, Ind. (Indiana’s NewsCenter) - Indiana Attorney General Greg Zoeller is touring the state, looking for the rightful owners of more than $350 million.

The money is part of Indiana's "Unclaimed Property" program.More than $21 million of that comes from northeast Indiana, including $14 million in Allen County alone.

Financial institutions are required to turn over assets that go years without activity, such as insurance policies or retirement accounts.

There's always a surprise that they didn't realize this was their property, it's the states obligation to find them and release it back to them.

The state is required to hold the assets for 25 years.




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