Matthew LeskoMatthew Lesko
Matthew Lesko
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One Out Of 10 People Have Unclaimed Money & Gift Cards Waiting For Them Plus Money For Saving Energy, College and Your Business

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Rob McCord
Pennsylvania State Treasurer
http://www.patreasury.gov/

After interviewing Rob McCord, Lesko found the above missing money for his mother-in-law at www.missingmoney.org. Below is the money that was found with just a few clicks.



Interview Highlights:
He is a directly elected state treasurer-only half of state treasurers in U.S. are elected.
He is a different party than the current governor.
Pennsylvania has a 1.3 million democrat majority.
He is a fiscal watch dog, the chief investment officer and CEO of a 420 people operation.
He runs programs that are designed to increase the economic security of Pennsylvanians.
The money they make from things like Unclaimed Property programs pays for the budget of the their entire office a few times over.
 
Unclaimed Property Program:
It is about 60-70 year old program.
They have a couple of Billion dollars of unclaimed property.
You can go to MissingMoney.org and find your missing money in any state.
Also check PaTreasury.gov.. it easy to use.
They also have a lot of abandoned property-you can have abandoned property without knowing it.
It can be insurance value, uncollected last paychecks, escrow accounts, security deposits, gift cards, etc..
They have $8.6 million in unclaimed gift cards.
Almost every year since he has been in office he has been able to find missing money for himself.
About 1 in 10 Pennsylvanians have money waiting for them.
The average claim is about $1,200.
Pennsylvania has about $2 billion waiting to be claimed and the country as a whole has about $33 billion.
Their office cost the state about $33 million but generates about $115 million in positive income for the state budget just through Unclaimed Property alone.
They auction off unclaimed real property (stuff) on eBay.
There are companies that will do this search for you and legally charge you up to 15% of what they find (but you can do this yourself with a few mouse clicks).
Their main job is to invest the state money in security investments.
 
 
Energy Loans: They have a home energy low-interest loan program that allows home owners to cut their heating bills: http://www.patreasury.gov/keystoneHelp.html
 
 
College Money: They have a program to help save for a college education in tax free saving program; you can use this for your own education also: http://www.pa529.com/
See Bankrate.com for programs in other states
 
 
MicroLoans For Entrepreneurs: They run a program through Community Banks that provides micro-loans to entrepreneurs so people don't have to use high priced credit cards to finance their business:
http://www.patreasury.gov/savingLoanInvestmentPrograms-microlending.html