$2 Million In Unclaimed Rebates

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HARRISBURG (KDKA) – Nearly $2 million dollars in unclaimed promotional rebates will be available to Pennsylvania residents.

A landmark settlement between the Pennsylvania Treasury and Parago, Inc. will make the money available to consumers.

Parago is a Texas-based company that processes and pays promotional rebates to consumers on behalf of national consumer product manufacturers, retailers, and telecommunication service providers. Its clients include Staples, Home Depot, Verizon and Verizon Wireless, and General Electric, among others.

“This is a major win for Pennsylvania’s consumers. A number of other states recently settled with Parago for less than what was owed to their citizens,” said Treasurer McCord. “We held out because I believe our consumers are due 100% of what they are owed. As a result, we have this landmark settlement, and Pennsylvanians will soon be able to claim nearly $2 million in rebates that never made it into their hands.”

If you believe you may be owed a rebate from Parago or one of its clients, please call 1-800-222-2046, Monday through Friday, 7:30 a.m. to 4:30 p.m., to provide your name to one of Treasury’s Unclaimed Property Return Team members.

“If you think you may be among the thousands of people owed a rebate, please contact Treasury,” urged Treasurer McCord. “As always, we will endeavor to find your property and process your claim.”

Generally speaking, unclaimed property is any financial asset that has been left with a business or organization without activity or contact for at least one year, including bank accounts, uncashed payroll checks, accounts payable or receivable checks, credit balances, expired gift cards, savings and checking accounts, escrow accounts, money orders, travelers checks, utility refunds, insurance proceeds, stocks and bonds, and the contents of safe deposit boxes.

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