Iowa State Treasurer Roby Smith announced a remarkable success in reuniting an Iowan with unclaimed property valued at an all-time high of $4.5 million through the Great Iowa Treasure Hunt. The individual had invested in over 15,000 shares of McDonald’s Corporation, which had been deemed unclaimed and turned over to the State. The prompt response to the due diligence letter sent by his office led to the claim, enabling the return of both the shares and accrued dividends. Smith emphasized the significance of periodically checking investments to prevent dormant accounts, noting that such efforts could help prevent property from becoming unclaimed. The Great Iowa Treasure Hunt, Iowa’s authoritative resource for unclaimed property, has returned over $346 million to more than 951,000 individuals. Citizens are encouraged to search for unclaimed assets at www.GreatIowaTreasureHunt.gov or visit their booth in the Varied Industries at the Iowa State Fair, which opens today (Thursday).
