Wonder How Much Unclaimed Money is in Offshore Books?

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sd2

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I'll bet it's more than U.S. banks have in dormant bank or savings accounts, which I understand is considerable.

With a bank, tho, the unclaimed money eventually reverts to the general fund in the state where the bank is located.

The books just pocket it.
 

sd2

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Someone got an account and dies or gets killed and no one else knew about it . . .

Or the wife may have known but doesn't know password . . .

Or confused out of control gambler just forgets where his money is . . .

Or he takes the cure, joins GA, and just prefers to forget about it . . .

Lot of money I think we're talking of here. All pure profit for the offshores.
 

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I just recently stumbled across $3,000 that I had forgotten about in one of my obscure books.

Nice Christmas present.
 
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Fishhead said:
I just recently stumbled across $3,000 that I had forgotten about in one of my obscure books.

Nice Christmas present.

Fishhead you just ruined my day with that comment.. But congrats on the great find.. :103631605
 

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Glad you were able to keep it.

I just recently stumbled across $3,000 that I had forgotten about in one of my obscure books.

Nice Christmas present.
<!-- / message -->

Good for you. The same thing happened to me, but with much different consequences. You probably don't recall my post of several months ago, but I had around $1k at TCBets (now owned by BetCris). They decided to simply wipe it out and steal the money from me because of "inactivity". I don't think any bank could get away with that!

Leason Learned.
 

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I gave the wife all account info including passwords. I usually have at least 20 dimes offshore combined in all my accounts.
 

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sd2 said:
I'll bet it's more than U.S. banks have in dormant bank or savings accounts, which I understand is considerable.

With a bank, tho, the unclaimed money eventually reverts to the general fund in the state where the bank is located.

The books just pocket it.

I'm sure it's a decent amount, but in no way is it more than is unclaimed in U.S. banks. Not even close. With that you are talking MANY MANY BILLIONS. Tens of billions. In fact, there may be almost as much unclaimed $ as if there is in offshore sportsbooks total.

And unclaimed $ do not eventually revert to the state, at least not in Illinois. It just sits with the state's treasurer in perpetuity until valdily claimed.
 

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Back when I was doing casino's, it wasn't uncommon for me to "lose" a few hundred in the organized chaos that was going on.
 

MrJ

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Fishhead said:
I just recently stumbled across $3,000 that I had forgotten about in one of my obscure books.

Nice Christmas present.

Obviously you could improve on your bookkeeping ;)
 

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I forget about $150 in one of my crypto accounts. Luckily, they sent me the check without even asking. I have to keep better track of my moneys.
 
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I won't even get started on how much gets left in the banking system. As far as books, I've done it 2 or 3 times. I most recently found $320 in a book, and tried to blow it up.

Well, I blew it up alright :lol: .

Ticket # Graded Type Won Lost Short Description
8/22/2006 Total 266.67 Baseball - 959 Colorado Rockies/Milwaukee Brewers under 8 -120 for Game
8/23/2006 Team Total 489.17 Baseball - 904 San Francisco Giants team total over 4 -120 for Game
8/23/2006 Team Total 500.00 Baseball - 929 New York Yankees team total over 5 +100 for Game
8/23/2006 Team Total 480.00 Baseball - 925 Cleveland Indians team total over 5½ -120 for Game
8/24/2006 Parlay 1,071.43 Baseball - 967 Cleveland Indians -164 for Game
Baseball - 967 Cleveland Indians/Kansas City Royals over 9½ -105 for Game
8/24/2006 Total 500.00 Baseball - 967 Cleveland Indians/Kansas City Royals over 9½ -105 for Game
8/24/2006 Spread 500.00 Baseball - 967 Cleveland Indians -1½ -110 for Game
8/24/2006 Money Line (EL) 624.00 Other Sports - 308 Lindsay Davenport +130 for Game
8/25/2006 Total -375.00 Baseball - 921 Kansas City Royals/Toronto Blue Jays over 10 -125 for Game
This week's NET 4,056.27 USD
 

powdered milkman
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Judge Wapner said:
or judge about 1/10000000 what we have been stiffed for in chagre backs and credit lay downs:realtongu
 

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Fishhead said:
I just recently stumbled across $3,000 that I had forgotten about in one of my obscure books.

Nice Christmas present.

I thought you kept impeccible records...I guess not. :ohno:
 

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Journeyman said:
I thought you kept impeccible records...I guess not. :ohno:


Perhaps at ONE TIME.....:howdy:

I lose my car keys, wallet, or cell phone almost on a daily basis.

Don't get old whatever you do sir.

-FH-
 

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