Returning Your Lost Money

What do you think Delaware's third largest source of revenue is?

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Props to you if you knew it was escheatment. 

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This is the craziest area of financial compliance I’ve learnt about in a long time, and my head is still reeling from my chat with Allen Osgood, CEO of Eisen.

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What started out as me wondering what would happen to the Bitcoin that I can’t access (moved country, changed phone number…) turned into a mind bending story of a man who lost all of his Amazon stock (bye bye nice retirement), how claiming your own money back from states has become rife with fraud, and how there are $70bn of funds being held by US states that they just make money off and use to fill budget. 

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Madness!

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We talked about escheatment and much more in the podcast:

• The story of a man who lost all of his Amazon stock
• Where you can claim money owed to you
• Why crypto holders from California could soon have their funds liquidated
• The 10% annual penalties forcing companies to comply
• How claiming money from states has become rife with fraud

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Listen now on Spotify and Apple Podcasts!