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Reload this Page Walter Schramm and the escheat nightmare (account, invest, year)
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Old 03-04-2020, 08:11 PM
 
15,679 posts, read 15,842,416 times
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Awful case where the poor guy, Walter Schramm, just was letting his money grow, he thought, having invested in Amazon - then learned about escheat the hard way.


https://vpm.org/articles/npr/8057605...-thats-escheat

https://www.npr.org/2020/01/24/79934...7-escheat-show
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Old 03-04-2020, 08:22 PM
 
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If this had been Sears, no one would care.
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Old 03-04-2020, 08:30 PM
 
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He hasn’t logged into his account or done any other owner generated activity in more than 3 years. It’s a pretty common law
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