Over $72 million awaits holders of (IIM) Individual Indian Money

Dear Editor,

The Office of the Special Trustee for American Indians (OST) is trying to find Individual Indian Money (IIM) account holders who have not provided current addresses. There is a total of over $72 million that has not been distributed to these account holders. Some IIM accounts have balances of more than $100,000.

OST refers to account holders whose incorrect address information precludes delivery of their statements and checks as “Whereabouts Unknown” (WAU). At this time, there are more than 83,000 WAUs.

“We have many stories that show how finding a WAU can change lives,” said Special Trustee Ross Swimmer. “Like the person who found out right before Christmas that she had an account, or the person who had been adopted and who was reunited with blood relations when he learned about his account.”

Thanks, Debby

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