Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

https://www.npr.org/2020/01/24/799345159/episode-967-escheat...

The NPR Planet Money episode "Escheat Show" follows the story of a man who bought some Amazon stock long ago, and purposely never logged in to his online account, letting the stock multiply into a presumed small fortune. Years later he found that due to his inactivity the account had been deemed by his state (Connecticut?) as lost property years prior, liquidated, and entered into the state's escheat program, where one can claim lost property. The stock had been liquidated at a much lower price than its present worth. He wanted to sue since his intention was to leave the stock untouched for years but found there were some complications. He's currently waiting for the stock to hit a valuation where a great lawyer will be tempted to take it on contingency while still leaving himself a fortune.



Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: