Dispelling myths about securing unclaimed funds [Video]

CLEVELAND — The Ohio Department of Commerce is encouraging Ohioans to claim their share of nearly $4 billion in unclaimed funds.

Good Morning Cleveland anchor Mike Brookbank spoke with Susie Wagner from Ohio’s Division of Unclaimed Funds about some of the misconceptions when filing a claim.

“In world where there’s a lot of scams out there, you want to be cautious about any place that’s going to charge you money to get your money — getting your money is free,” said Wagner.

While there are finders registered with the State of Ohio who charge fees for helping recover your funds, you can claim them on your own at no cost.

Another myth is that unclaimed funds expire over time. The Division of Unclaimed Funds says it will continue to safeguard that money until the rightful owner or heir claims it.

Even if you’ve claimed funds in the past, you should …