COLUMBIA, S.C. (WSPA) The state of South Carolina has more than $503 million of other people’s and businesses’ money, sitting in an “unclaimed property” account at the state treasurer’s office.
The money comes from things like old bank accounts, stocks, security deposits, and inheritances.
State Treasurer Curtis Loftis says, “The largest amount of money that was arranged to give back so far is $750,000.
It was given to a person from Chesnee. The father had been collecting Duke stock and didn’t have a lot of money.
He worked for Duke and just got paid partly in stock and over time it amounted to $750,000.
The son had no idea, and his father had been dead for almost 30 years.
The money was found and given back to him.