Unclaimed Property | St. Louis Public Radio

Unclaimed Property

Items stolen from properties being rehabbed in south St. Louis and St. Louis County sit in a city-owned warehouse on Dec. 23, 2019. Police say they recovered more than 800 items stolen over the last year.
Rachel Lippmann | St. Louis Public Radio

St. Louis police say they have recovered more than 800 items stolen over the past year from properties being rehabbed in south St. Louis and St. Louis County.

“This was a sophisticated operation,” said Sgt. Tom Kitchell, supervisor of the 3rd District Burglary Squad. “They would drive around during the day and look for rehabs. They would look at signs in the windows, the permits in the windows, and look at the construction trucks or trucks outside. They would pick their targets a week or two in advance.”

The items police found included old suitcases, power tools, stained-glass windows, a refrigerator and a kitchen sink.

gift card generic
Mike Mozart | Flickr

Thousands of Missourians have leftover gifts to reclaim from the state treasurer’s office this holiday season.

According to Treasurer Clint Zweifel, the state is holding nearly $9 million worth of gift cards and gift certificates that have been dormant for at least five years.

“We all know what it’s like during the holiday season. You get gifts; you get gift cards. You set them aside; you might forget about them,” he said. “Or you might lose them in the travels that you have. We’ve returned $145,000 this year alone in gift cards.”

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File photo by Marshall Griffin/St. Louis Public Radio

Missouri residents who have unclaimed property now have the option of donating that property to charity.

State Treasurer Clint Zweifel, who manages the state's unclaimed property division, made that announcement Wednesday at the State Capitol.  He says part of the reason for the new option is that some people are reluctant to reclaim property that's worth only small amounts of money.

Clint Zweifel
(via Missouri State Treasurer's Office)

Missouri State Treasurer Clint Zweifel has issued a warning to Missourians regarding an email scam related to the collection of unclaimed property.

Zweifel has made a point of returning unclaimed property to Missourians recently.

Here are the details of the scam, as described in a release from Zweifel:

kevindooley via Flickr

The Missouri treasurer's office has returned $1.4 million in unclaimed property to a St. Louis area employer.

State Treasurer Clint Zweifel said the returned money is the second largest amount his office has returned from unclaimed property. He did not identify the employer.

The $1.4 million account was made up of more than 260 individual securities accounts. The largest single amount, $1.6 million, was returned in January 2010 to a person in the St. Louis area.

(Office of Missouri State Treasurer Clint Zweifel)

Missouri residents are being urged to find out if they have any unclaimed property being held by the state. Treasurer Clint Zweifel says his office currently holds around $600 million in unclaimed cash and merchandise. The items include World's Fair tickets, bank notes from the early 1800's, and unclaimed war medals.

Two individuals and one business in the St. Louis area are in the money today.

State Treasurer Clint Zweifel announced he has returned $139,000 and $122,000 in unclaimed property.

This article first appeared in the St. Louis Beacon, Dec. 22, 2009 - With few shopping days left until Christmas, state Treasurer Clint Zweifel wants Missourians to know that "there are still about 3.5 million gifts worth more than $600 million waiting for those last-minute shoppers."

He's referring to the money, stocks and other valuables in unclaimed property that's now under the state's guardianship unless or until the proper owners claim them.  A few months ago, Zweifel publicly displayed some of the more valuable unclaimed items.

This article first appeared in the St. Louis Beacon, June 10, 2009 - Missouri state Treasurer Clint Zweifel announced this morning that, with less than three weeks to go in this fiscal year, his office already has set a record this fiscal year by finding the owners of 71,406 unclaimed property accounts.

The state treasurer's Unclaimed Property Division is the depository for "abandoned assets from bank accounts, stocks, bonds, insurance policy proceeds, government refunds, utility deposits, wages from past jobs and contents of safe deposit boxes."