TOTAL INCOMPETANCE

The CA Unclaimed Property Office has NO IDEA how to deal with stock certificates escheated to the state.

Betty Yee must be the most incompetent comptroller in the universe.

I have been trying to help a disabled friend get his escheated stock back. One of the stock certificates escheated to the state does not even show up on the unclaimed property data base.

The other two stock certificates are on record as having been escheated to the state. So I helped my friends put in an application. They were told in might take ONE YEAR to even give her an answer. Recently they sent back her entire packet of correctly filled out forms and documents regarding the two stocks they can actually find in their data base. (The packet was returned six months after it was sent, with no explanation.)

I called up the controller's office and they told me that I could not even give them the information they need to start fixing the problem. Understand that I told the poor receptionist that I only wanted to give information, not be given information. FOR WHICH I DO NOT NEED TO HAVE PERMISSION FROM ANYBODY!

The receptionist was so poorly trained that she did not even respond to the words attorney, disabled person, please help get me to a person so I can inform you of a crises in your office.

So I told her I would blog about the problem.

You need a computer program that can remove the escheat on the stock, so the person owning the stock can sell it. You do not need to sell it yourself.

This problem has been festering for about five years. This means that the controller is NOT PROPERLY EXERCISING HER AUTHORITY over the unclaimed property office.

This means that the controller is DELIBERATELY REFUSING TO BE GIVEN ANY UNPLEASANT INFORMATION.

SO HERE IS YOUR UNPLEASANT INFORMATION. It is LEGALLY THEFT if you withhold property from the actual owner.

So the STATE OF CALIFORNIA is guilty of THEFT!

If you think I am wrong, you could ask the Attorney General.