By Brian Maass and Mark Ackerman | CBS4
A CBS4 Investigation has found that the Great Colorado Payback- a state program aimed at reuniting people with their unclaimed or forgotten money- is plagued by problems that are delaying payments by more than a year, in many cases.
State Treasurer Walker Stapleton, who administers the program, conceded the problems revealed in the CBS4 Investigation.
”We absolutely have to fix it, it is a big problem,” said Stapleton during an interview with CBS4. ”We recognize it’s a problem, it has to run more efficiently, it’s not running efficiently.”
CBS4 obtained more than 500 pages of complaints filed in the last year by people attempting to retrieve their money, but with little success.