Associated Press

State returns $2.3 million in oil royalties to resident

BATON ROUGE, La. (AP) — The state is returning $2.3 million from its Unclaimed Property Program to a north Louisiana resident.

The treasurer’s office says in a news release Monday that this is the largest amount ever returned to one person in the history of the program. The resident did not want to be identified. The return resulted from unclaimed oil royalties from a deceased relative.

Dollars in the unclaimed property fund come from old savings and checking accounts, payroll checks, stocks and dividends, insurance proceeds, oil royalty payments and utility deposits that aren’t immediately claimed by their rightful owners.

The treasurer’s office tries to locate people and return the money.

Treasurer John M. Schroder says the $2.3 million return was a “special case” and that usually claims fall in the range of $900.

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Tyler Moody

After spending the last few years in television and radio, Tyler Moody comes to REALShreveport.com to head the sports’ department. An Elysian Fields, Texas and Shreveport native, Tyler has followed sports in the area his entire life. From a young age, his love for pure competition grew year after year. “Moody” attended high school in Shreveport at the athletic powerhouse that is Evangel Christian Academy. He was a starting pitcher and garnered multiple all-state accolades along with a 2009 state championship as an Eagle. He has taken the knowledge gained on the field and applied it to his career in sports. An avid fantasy sports player, Moody has become the go-to guy for fantasy talk and advice in the Ark-La-Tex. Now, he hopes to continue to grow REALShreveport.com into Shreveport’s go-to for area sports.

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