Yawn - Another Scandal in Delaware

This time it's Finance Department employees stealing your money:

Finance Department employees may have stolen as much as $1 million in the last two years using an intricate fraud scheme targeting refunds for unclaimed stock certificates, bank accounts and other abandoned assets that revert to state ownership.

Abandoned financial property -- known as escheat -- is one of the state's largest revenue sources, bringing in about $364.9 million last year alone. Money comes from abandoned assets that have been dormant for five or more years or unredeemed retail store gift cards.

As an aside - gift cards? Looks like they glossed over another type of theft. Next time I'm giving cash.

State Auditor R. Thomas Wagner Jr. says, "This could be the largest case of government fraud we've ever had...".

More later...

Update (11/06/07 10:58AM): Good Question.