Why were California unclaimed-property claims paused in 2025?
The Controller’s Office paused claim evaluation from July 21 through September 3, 2025 while replacing its computer system. Claim-status information was unavailable during the pause. The public website was also offline from August 20 through September 3, when the new system launched. [7]
What does the lawsuit naming Malia Cohen allege?
The New York Post reported on October 8, 2026 that foreign investors accused Cohen’s office and contractors Kroll and Kelmar of changing address records before taking and selling their shares. Cohen is a named defendant. These are allegations in a lawsuit, not a court finding. [3]
Did California receive $1.56 billion in interest on unclaimed property?
The budget lists $1,559,883,000 in abandoned-property General Fund revenue for 2024–25. That figure is total revenue in that category, not interest alone. A separate state law directs investment earnings from the Unclaimed Property Fund to the General Fund on the Controller’s order. [16] [17]
Where can I search for unclaimed property in California?
ClaimIt.ca.gov is the state’s official search and claims website. Search for your name or business and follow the instructions for the property listed. The site also carries notices about the system conversion and claim processing. [8]