By Steve Brawner, © 2024 by Steve Brawner Communications, Inc.
It’s not every day that a man tells you he has $400 million to get rid of, and he needs your help to do it. That happened to me at the State Capitol Feb. 21.
The man was Dennis Milligan, the Arkansas state auditor. The $400 million is the total value of all the unclaimed properties the state is trying to return to its rightful owners through “The Great Arkansas Treasure Hunt.”
One in four Arkansans have property in the state’s possession. The auditor’s office has more than a million properties to dispense. The properties come from a variety of sources – an inheritance, a deserted bank account, a safety deposit box that somebody forgot about, etc. If a final paycheck never made it to somebody, banks are obligated to turn the money over to the auditor’s office.
One woman got $1.4 million
“I gave a lady $1.4 million in Hot Springs the other day that her dad had left her through stocks that she didn’t even know about,” he said. “And that’s not the norm, but there’s plenty of $80, $150, $200. And again, it comes from old utility deposits. I’ve got Rolex watches. I’ve got war medals in our vault that again were taken out of safety deposit boxes and ultimately ended up in my hands.” Continue reading Dennis Milligan has $400 million. Some might be yours.