Illinois State Treasurer’s Office News Releases

SPRINGFIELD — A statewide digital media and newsprint advertising push begins this week to reunite $2 billion in unclaimed property with residents, Illinois Treasurer Michael Frerichs said today. Frerichs drew attention to the advertising blitz to reassure residents that the unclaimed property effort is legitimate and not an elaborate hoax. The Treasurer’s Office never charges a fee to search and return unclaimed property. “For most people, it is difficult to believe that they might have overlooked an investment account or forgot to pick up a final paycheck. However, the thousands…

SPRINGFIELD — Investment fund managers, tech incubator leaders and entrepreneurs interested in the $220 million Illinois Growth and Innovation Fund will meet for the first time on Monday, April 4, at the offices of 50 South Capital Advisors, Treasurer Michael Frerichs announced today. The Illinois Growth and Innovation Fund will invest with investment firms that, in turn, will provide capital to technology businesses that seek to locate or expand in Illinois. 50 South Capital Advisors is the program administrator and will host the gathering to explain the program and answer…

SPRINGFIELD — Silver bars, gold coins , football cards and jewelry are among the 12,600 items worth $57,000 to be auctioned online March 28-April 1, Illinois Treasurer Michael Frerichs said today. “We have more than one million items that we would like to return to their owners,” Frerichs said. “We consider auctions only after the items have been unclaimed for 10 years to make room for incoming items.” Auction items include two 1927 St . Gaudens Double Eagle coins, a 10 troy oz. silver bar, vintage Trifari Crown Brooch, and…