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Rhode Island Holds Your Money | Providence News
Rhode Island is quietly pocketing over $37 million in unclaimed property meant for its citizens, while only planning to return $34 million in claims—raising serious questions about accountability. Though the state collects $76 million total, much of it comes from selling long-held securities, leaving owners with only the sale price, not any future gains. Despite a successful “It’s Your Money” program that’s returned $10 million automatically, the state still relies on outdated methods. With the data and tools to locate owners, Rhode Island should prioritize returning every dollar—before…
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