Claim Missing Money With Found Money®

LAS VEGAS --- The recent announcement from of General Motors that, without a bailout, the company could face further problems has prompted FoundMoney.com (http://www.foundmoney.com) Founder Edward Palonek (http://www.edwardpalonek.org) to comment on the situation. FoundMoney.com is an Internet-searchable database for unclaimed money, and Palonek reports that the big three have millions of dollars sitting and collecting dust.

"A worst case scenario has been presented to congress which summarizes that GM's new operations would need more money than the already allocated $13.4 billion dollars," said Palonek. "The big three automakers need to examine other potential streams of cash. "The problem of auto makers not collecting money extends to almost all foreign car makers, such as, Toyota and Honda."

According to Foundmoney.com, General Motor Company (GM) has over 1,500 unclaimed money records with the estimated worth of $3.4 million. Chrysler Company has about 1,200 records with unclaimed funds worth over $1.6 million, while Ford Motor Company has more than 1,300 records in the Foundmoney.com database totaling over $2.2 million.

"The problem of domestic companies not realizing that they could recover this money quite easily also extends to foreign car makers," added the unclaimed money expert.

Toyota has an estimated $918 thousand of unclaimed funds and Honda has over just under $500 thousand in unclaimed money.

"Millions of individuals have recovered millions of dollars in recent years with companies like Foundmoney.com," stated Palonek. "While the auto makers sit on a pile of gold, they continue to ask for bailout money. Some auto makers have taken drastic cuts, which is evidenced in the recent Detroit Auto Show where some carmakers did not show up. Mitsubishi, Nissan, Ferrari, Land Rover, Rolls-Royce and Suzuki where among those car manufactures that did not attend the auto show in an attempt to save money."

Foundmoney.com reports that Nissan has over $700,000 of unclaimed money - money that could have helped to pay for the auto show.

FoundMoney.com is the Internet's largest search engine for unclaimed funds. Its database was opened in 1995 with over 1,000,000 records. Palonek started the company after his own parents passed away. As he realized the difficulties imposed by financial institutions when recovering this money, Palonek made his research available to the public.

Palonek and his company would like to offer the big three automakers a free service to help them recover their unclaimed funds. "Full story be told, millions of dollars are at stake here. Foundmoney.com would help the auto makers with the appropriate claims for some 7,000 plus records containing millions of dollars. It's money you just can't ignore when you're strapped for cash," commented Palonek.

"This month, General Motors will receive $9.4 billion and Chrysler, $4 billion. The other $4 billion will come in February but only when Congress approves a request for the second half of the financial bail out fund. In the mean time, FoundMoney is in the process of contacting the companies involved, and we hope to hear a response soon," said Palonek.

Featured on television shows such as Oprah Winfrey and Maury Povich, FoundMoney's service guarantee assures users that the information available to clients within the database will contain more than $50 or a full refund is available.

"For years the automakers have ignored missing money. Harsh economic times make finding unclaimed money a great cash infusion - not just for the automakers,but also for any individual. Millions of people have already visited Foundmoney.com to locate money using a proven method for unclaimed funds recovery."

According to the National Association of State Treasurers, there currently is more than $30 billion in unclaimed money, and with the total rising faster than people claiming, it is projected that by 2020 there could be as much as $40 billion of unclaimed money. "Aging boomers are adding more significantly to this number," remarked Palonek. "If someone forgets about a savings account today, that account may potentially take over five years before it reaches status of unclaimed money. As in the case of the automakers, it is certain there will be more unclaimed money in the coming years."

There is no doubt the world economy is facing some tough issues ahead, but there may have a positive cash infusion into the economy from an unlikely source: unclaimed money. This is a world wide phenomenon with billions of missing money world wide. In the UK people are urged to check and double check whether they've got any missing money in old accounts they might have forgotten about. Banks are making a considerable efforts to locate their rightful owners.

While most countries will keep missing money in a special accounts for future generations to claim, some other countries and institutions do not follow this road. Recently a man in Shanghai has failed to collect a lottery jackpot of $827,700. As a result that money will now be added to the next draw.

It is estimated that Americans have more missing money per capita then any other country. “This is good news for the dire economy, now we just have to find the people who are owed this money. “ says Edward Palonek founder of Foundmoney.com.

The best method for searching money is to conduct a search on a national database of missing money. Found money provides such a database with unprecedented proven track record, this is one website you can bookmark.

Under this act:

Individuals and families are eligible to receive up to $600 for individuals and $1,200 for couples. A minimum of $300 per person and $600 per couple would be available to those with at least $3,000 of earned income. This relief would be available to everyone with adjusted gross income less than $75,000 for singles and $150,000 for married couples filing jointly. It will be phased out for taxpayers above those income thresholds. Taxpayers may qualify by filing a tax return for 2007 and including a valid Social Security number on their tax return.

Everyone eligible for this relief would also receive an additional $300 per child. For example, this would mean up to $1,800 of tax relief for an eligible couple with two children.

Recipients of Social Security and certain veterans' benefits are also eligible for rebates. Those who receive at least $3,000 from any combination of benefits from these programs will receive rebates. The IRS and Treasury Department will be working closely with the Department of Veterans Affairs and the Social Security Administration, along with beneficiary organizations, to ensure that all eligible individuals are able to receive their payments.

However with the IRS unable to deliver some of this money due to various database errors. Much of these errors can be attributed to incorrect mailing addresses. As such IRS has setup a hotline that you can call to claim your money.

With Christmas around the corner, a gift from Uncle Sam would be a very nice gesture. So don’t delay, call the IRS hotline at 1-866-234-2942. As always don’t forget to search for any missing money on our website as well.

December 5, 2008 – Edward Palonek, founder and CEO of foundmoney.com, announced that his unclaimed property department is teaming up with Santa Claus to alert millions of individuals and companies, that they may be the rightful owners of abandoned bank accounts, misplaced payroll checks, forgotten stocks and other unclaimed assets.

Each year, thousands of people lose track of their bank accounts, cash, stocks, bonds, refunds, royalties, safe deposit boxes and other property. People move and forget to furnish their bank, broker, employer or insurance company with a forwarding address. Losing sight of property can happen to anyone, says Mr. Palonek and Santa Claus

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Everyone looses money here and there, weather it be a nickel on the street while you pull your wallet out or by simply rushing for a cab. But can you imagine loosing over 14 thousand dollars? Well some people don’t just loose this money, some people have money and they don’t even know it. Watch this video when KTLA news crew films as Foundmoney.com found money for this lady. Found money’s fee was just $20. Would you give $20 bucks to find 14 thousand dollars?

Would you like to find money?

Most people have some sort of missing money sitting somewhere, the trick is in finding this money, while there may be many websites that offer similar service; there is only one, original foundmoney.com. Since 1994 Found Money is the number one source of unclaimed and missing property. Some other services offer it for free asking for your email and other personal data, we strongly advise against using such websites. Our service comes with over 10 years of experience and an iron clad guarantee.
Missing some money?

Unclaimed money search may seem a simple task, as you can search just by your last. But then you would be searching only for a fraction of unclaimed money that may be owed to you. This guide will show you the best technique in searching for unclaimed and missing money.
These accounts which you may claim using a simple form date back to the 1800’s.

• Identify and list all of your immediate family members
• List all of your late relatives and their parents. Your list should include their last name, first name and any initials they may have had
• Compose a list of all of the above people. This is sort like making a mini ancestry tree. You may claim unclaimed money if it is under your great, great grandparent
• Using the form below begin your search. In the past many institutions just used initial rather then the full first name, so please search using just the initial as well
• Claim your money! It is crucial to compose a good list of names for which you may be entitled to unclaimed money

Don’t forget about your mother's maiden family name Names of sisters and brothers commonly used misspellings of your last name Family names of grandparents, friends and associates.

To find out more about how money becomes unclaimed please visit >

Today a lot of people in most countries have unclaimed money in one form or another. How can this be? World wide estimate would be only a guess as to how much money is actually unclaimed. But there are many fine examples of unclaimed money here in the united states. For example the state of Colorado in addition to its list of unclaimed money has an additional $4.8 million of unclaimed money from the IRS. These checks were sent by the Federal Government as a part of the stimulus package, also now know as “economic stimulus checks”. In the city of Denver there are 1,700 plus checks that are unclaimed. With a total population of 432,870 18 years and older citizens(US Census 2000), 1 in 254 has an unclaimed economic check waiting. When people move they do not reflect their change of address with many institutions like banks, IRS and others, as such these economic checks have not been delivered.

United Kingdom, France, Germany and many other countries are just learning how to come with unclaimed money. New Zeeland Inland Revenue department keeps their own list separate from any others. In this list we have not been able to fund any funds below $100(NZ) dollars. While many accounts are around the $1,000 dollar mark, quite a few of them hold large sums of money. For example Foat, Earnest Harry from NZ is owed some $7,681 dollars.

In a country like UK the estimate of unclaimed money and property is in excess of £15 billion, that’s is more then $24 billion American dollars. Based on the World Fact Book, United Kingdom has a population of 50,619,441 over the age of 15 and that amounts to approximately $500 per person.

England and Wales have also a fast rising of money going unclaimed. Kirklees Council in the Yorkshire Pennines is having the largest amount of unclaimed money a massive £113,000.

I strongly urge you to search for your unclaimed money. Sometimes this may take 5 seconds or 5 minutes. A lot of people search just for their own last name, forgetting about his or her parents and relatives. Many people in the past have left insurance policies or old bank accounts they didn’t tell anyone about. In the pre-computerization era of banking these bank accounts were recorded manually and when someone passed away they were just sitting there. Today they exist in the form of unclaimed account and there are many.