Action News tried to track down the missing cash, but we found more questions than answers.
When Charles Johnson, of West Philadelphia, helped his parents pack up for a move to Virginia, he found two certificates of deposit . One is valued at a little more than $2,500, the other worth $5,000. Both were purchased as investments in the early 90s.The problem came when he went to cash them.Dave Schultz, of Ridley Park, Pennsylvania, echoed Johnson's story.
"It is right here physically in my hand. No alterations, no anything saying that it was redeemed or anything," said Schultz. Our team reached out to Wells Fargo to see if they could track down an answer. And the search basically turned up cold. Garrity, says if a bank issues a CD and if it's not redeemed within 10 years, it gets turned over to the Unclaimed Property Division.One out of 10 Pennsylvanians have unclaimed property, the average is around $1,500.
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