Area man in line for $68K from state fund

For David Holman it was a shock. He saw his late Aunt Ruth’s name listed in the Dayton Daily News as one of the top 25 people owed money from the Ohio Division of Unclaimed Funds. His discovery came after a Dayton Daily News/WHIO-TV report on the fund.

His aunt’s account, combined with money found in his late uncle Forrest’s name, will likely bring David more than $68,000.

Ruth worked in sales at Elder-Beerman. Forrest retired from NCR after a long career, according to their nephew, David. Both died more than 15 years ago and ever since then their funds have been held by the state.

“I think they got older and did not realize that it was there,” David Holman said.

The money is among $1.4 billion in unclaimed funds the state holds for the rightful owners or their relatives. Application for the funds requires proof of identification and documentation to show a direct link to the original owner of the account.

Most often the money is left behind in banks, insurance policies and at investment firms. State law requires the money to be turned over to the Division of Unclaimed Funds when the owner cannot be located. Search accounts at www.missingmoney.com.

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