PA tripled its collection of unclaimed money in 2015

Pa couldn't balance its budget, so it just changed the law to shorten dormancy periods and allow more of its citizens money to be abandoned to the State.  Even worse, by law, the state  It is not obligated to pay out dividends or interest accrued during the time it holds the assets.

It took in $625 million this fiscal year, which is nearly 3 times the previous years rake.  

The State declares this action a consumer protection law.  Then they go ahead and use $625 million interest free for perpetuity.  


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