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Unclaimed money: Florida has $1 billion waiting to be distributed

A Kansas City, Kansas man alledgedly robbed a bank last year to get away from his wife. He chose jail over living with her.

There is more than $84 million in unclaimed money in Duval County alone, Chief Financial Officer Jeff Atwater said Thursday.

In all, more than $1 billion is owed to Floridians who might not even know they are entitled to it.

Atwater said the Florida Division of Unclaimed Property has broken its annual fiscal year return record. More than 425,000 individual claims worth a combined value of $275 million have already been processed, surpassing the previous annual record of $271.8 million reached during the 2015-2016 fiscal year.

Currently, the department holds unclaimed property from dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings.

In addition to money and securities, unclaimed property includes tangible property such as watches, jewelry, coins, currency, stamps, historical items and other miscellaneous articles from abandoned safe deposit boxes.

To search for unclaimed property or to claim an account, visit www.FLTreasureHunt.org, or call 1-88-VALUABLE (888) 258-2253 or (850) 413-5555.

There is $84 million ALONE in Jacksonville, and some of it might be yours. Here's how to tell:

Posted by Action News Jax on Thursday, May 11, 2017
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