WEBVTT - 12-10-25 Scott Sloan Show 0:00:00.240 --> 0:00:02.440 Do you want to be an American idiot? 0:00:03.720 --> 0:00:06.440 Solob be back on seven hundred WW Man, We've got 0:00:06.480 --> 0:00:09.480 everything going on all at the same time. We'll begin 0:00:09.520 --> 0:00:13.280 with this story. This morning, federal judge has allowed Ohio, 0:00:13.360 --> 0:00:16.160 the Buckeye State, to begin transferring unclaimed funds starting first 0:00:16.200 --> 0:00:19.279 the year of finance at new Brown Stadium and all 0:00:19.360 --> 0:00:22.960 of these millions, if not hundreds of millions, and now 0:00:22.960 --> 0:00:24.840 we're into the billions of dollars when it comes to 0:00:24.920 --> 0:00:28.840 unclaimed funds at Ohio. There's a lawsuit that was threatened 0:00:28.840 --> 0:00:32.240 by Mark dan and that has now come to fruition. 0:00:32.600 --> 0:00:35.440 It's going to challenge this US mister. Judge denied a 0:00:35.600 --> 0:00:38.559 preliminary injunction. It said Ohio's really don't face a reparable 0:00:38.560 --> 0:00:40.480 harm since they can still claim the money through twenty 0:00:40.560 --> 0:00:43.839 thirty six. However, he also rejected the state's motion to 0:00:43.880 --> 0:00:46.519 dismiss this case entirely. So the judge said, hey, it's 0:00:47.360 --> 0:00:49.720 up to me to determine if the law's constitutional. He's 0:00:49.760 --> 0:00:51.360 not here to decide if it's a good idea or not. 0:00:51.400 --> 0:00:52.800 And he may have a ruling in this as early 0:00:52.800 --> 0:00:56.120 as Tuesday on whether this preliminary injunction will be granted 0:00:56.160 --> 0:00:59.160 on this who brought the case forward along with Mark 0:00:59.200 --> 0:01:01.480 Dan As Jeff Cross to the Dan Law firm in Cleveland. 0:01:01.480 --> 0:01:04.320 He's lead council. Jeff, welcome, How are you good? 0:01:04.360 --> 0:01:05.000 How are you today? 0:01:05.040 --> 0:01:07.000 I'm doing fine. A lot to unpack here as the 0:01:07.000 --> 0:01:09.399 state tries to move like two billion dollars up to 0:01:09.440 --> 0:01:13.640 two billion on claim funds into an account of finance, stadiums, 0:01:13.680 --> 0:01:17.959 cultural projects, stuff like that six hundred million for the Browns, Cincinnati, 0:01:18.000 --> 0:01:20.440 Columbus and others are probably gonna get some but let's 0:01:20.440 --> 0:01:23.280 start here. The judge denied your request for the injunction, 0:01:23.480 --> 0:01:25.480 but allow the case to move forward. So what's the 0:01:25.520 --> 0:01:27.160 strategy here for you moving forward? 0:01:28.040 --> 0:01:30.320 Well, the case is the court noted the case does 0:01:30.360 --> 0:01:34.160 have merit, so the case will continue and we ultimately 0:01:34.240 --> 0:01:37.240 will hope to prevail in this case because we think 0:01:37.240 --> 0:01:41.120 our constitutional arguments are pretty strong here. It's fundamental to 0:01:41.200 --> 0:01:44.960 what we all understand then, what the constitution protects, which 0:01:45.000 --> 0:01:48.280 is your private property right and gives you the opportunity 0:01:48.280 --> 0:01:51.320 to object when the state tries to take your property, 0:01:51.400 --> 0:01:53.480 which is not happening here because the state doesn't give 0:01:53.520 --> 0:01:56.120 anybody notice that they're seeing people's property, putting it in 0:01:56.160 --> 0:01:58.560 a what was supposed to be a lost and found account, 0:01:58.560 --> 0:02:01.120 but now, as it turned out, is going to be 0:02:01.200 --> 0:02:03.400 used as a slush fund to give out money to 0:02:03.760 --> 0:02:05.480 various projects of the legislature. 0:02:06.160 --> 0:02:08.679 Okay, so we'll unpack this a little bit here too. 0:02:10.280 --> 0:02:14.079 Let's start with achievement laws. Obviously there are people who 0:02:14.080 --> 0:02:16.959 will not claim funds despite public notices. Will get to 0:02:17.000 --> 0:02:19.200 that element in just a second, but typically a state 0:02:19.200 --> 0:02:20.840 and I think, o, hi, it's like ten years. Basically, 0:02:20.880 --> 0:02:22.919 if you don't claim something in ten years, it reverts 0:02:22.919 --> 0:02:24.600 back to the state because they just assume you don't 0:02:24.639 --> 0:02:27.760 care or you're dead. Is that the biggest legal hurdle 0:02:27.800 --> 0:02:28.679 you got to jump over. 0:02:29.440 --> 0:02:33.400 There's a lot of challenges to what the state is 0:02:33.440 --> 0:02:35.920 doing here. First, a lot of people don't know that 0:02:35.960 --> 0:02:38.640 their property is being seized, and there's really no legitimate 0:02:38.720 --> 0:02:41.360 or practical way to protect yourself. So every bank account 0:02:41.400 --> 0:02:43.960 that you own, whether it's a savings account or money 0:02:44.000 --> 0:02:46.359 market account, or a life insurance policy or even a 0:02:46.360 --> 0:02:49.280 safe deposit back with some personal belongings that may not 0:02:49.320 --> 0:02:52.240 have economic value but might have personal value to you. 0:02:52.240 --> 0:02:55.359 You can't protect yourself from the state seizing that property, 0:02:55.480 --> 0:02:59.040 liquidating the property, and then you know, turning it over 0:02:59.040 --> 0:03:01.640 to this slush fund. And we had a gentleman testify 0:03:01.680 --> 0:03:03.680 the other day, a gentleman from Germany who had this 0:03:03.800 --> 0:03:08.280 very experience happened him. His entire retirement account, which was 0:03:08.280 --> 0:03:11.880 held at Charles Schwab, was confiscated by the State of California, 0:03:11.919 --> 0:03:15.560 liquidated without his knowledge, and he ultimately received only a 0:03:15.560 --> 0:03:16.560 fraction of what he was owned. 0:03:17.720 --> 0:03:19.960 But there's a justification here for dormant money. I mean, 0:03:19.960 --> 0:03:22.760 if it sits unclaimed for a decade, that suggests owners 0:03:22.840 --> 0:03:26.480 have forgotten it, moved without affording their information, died without 0:03:26.480 --> 0:03:29.040 their errors knowing about it, which is unfortunate for sure. 0:03:29.120 --> 0:03:31.640 But do we do you just suggest that this money 0:03:31.639 --> 0:03:32.799 sits there in perpetuity. 0:03:33.760 --> 0:03:33.959 No. 0:03:34.240 --> 0:03:36.640 I think what the High Supreme Court has been clear 0:03:36.640 --> 0:03:39.520 about is unclaim funds doesn't mean abandoned property. The High 0:03:39.560 --> 0:03:42.480 Supreme Court a unanimous decision, when when does that happen? 0:03:42.560 --> 0:03:45.280 Often right, in a unanimous decision not that long ago, 0:03:45.360 --> 0:03:49.000 said that the unclaim funds is not abandoned. People simply 0:03:49.000 --> 0:03:51.200 don't know about it. And then the state admitted on 0:03:51.240 --> 0:03:54.440 the stand repeatedly over and over again. They do not 0:03:54.720 --> 0:03:58.120 send any notice to anybody. So they're taking people's property 0:03:58.320 --> 0:04:01.080 and liquidating it without their knowledge. So you can't abandon 0:04:01.120 --> 0:04:03.960 something you don't have notice, gotcha. 0:04:04.280 --> 0:04:06.240 On the other hand, we know, I mean, this is 0:04:06.280 --> 0:04:08.600 probably one of the few things they still do, Jeff, 0:04:08.680 --> 0:04:12.760 is advertisements and newspapers where there's court decisions that you 0:04:12.800 --> 0:04:15.160 have to publicly notify people, so you put an ad 0:04:15.160 --> 0:04:17.960 in all the newspaper in each of the eighty eight counties. That's, 0:04:18.000 --> 0:04:20.000 you know, technologically back in the day that especially. I 0:04:20.040 --> 0:04:21.280 don't know if we still do that or not. You 0:04:21.320 --> 0:04:23.520 could probably tell me better, But you know, we have 0:04:23.560 --> 0:04:26.680 social media, we have public service campaigns. I mean, isn't 0:04:26.680 --> 0:04:28.840 there a duty on the part of the person who 0:04:28.839 --> 0:04:32.120 holds an account or an adult to be aware of 0:04:32.120 --> 0:04:34.600 what the law is regarding this and therefore be informed. 0:04:34.640 --> 0:04:36.760 I mean, how far should the state go to make 0:04:36.800 --> 0:04:40.880 sure someone is dead or incapacitated or simply doesn't care. 0:04:40.960 --> 0:04:43.200 You can only do so much. And I guess when 0:04:43.200 --> 0:04:45.760 I look at public notices and newspapers that seems to 0:04:45.839 --> 0:04:46.760 satisfy the courts. 0:04:46.760 --> 0:04:50.120 Why not the sun Well, two things there, One, the 0:04:50.200 --> 0:04:54.280 US Supreme Court has been repeatedly in multiple cases, very clear. 0:04:54.560 --> 0:04:57.320 It is the state's duty, not the individual's duty. It 0:04:57.400 --> 0:04:59.560 is the state's duty if they want to take your property, 0:05:00.000 --> 0:05:04.039 notify them. The other real problem here is that the 0:05:04.160 --> 0:05:07.120 data is bad, and we had plenty of people testify 0:05:07.200 --> 0:05:10.120 even the state testified that the data is not valid 0:05:10.800 --> 0:05:12.360 in a lot of cases. Isn't balid. They don't have 0:05:12.480 --> 0:05:14.960 zip code, they don't have correct addresses. There's people in 0:05:15.000 --> 0:05:18.400 foreign countries and other states of the United States, Wisconsin, 0:05:18.440 --> 0:05:22.240 New York, all over the country that publication in Tyhoga 0:05:22.320 --> 0:05:25.679 County or Hamilton County or Franklin County doesn't reach those folks. 0:05:25.839 --> 0:05:28.200 So they have no notice at all that your property 0:05:28.200 --> 0:05:30.560 has been seized by the state of Ohio. The property 0:05:30.600 --> 0:05:32.240 is going to be liquidated and handed over. 0:05:33.120 --> 0:05:36.040 Okay, what the level of notification you think is constitutionally 0:05:36.080 --> 0:05:36.520 required here? 0:05:36.560 --> 0:05:39.040 Then, well, the Supreme Court has been very clear on 0:05:39.040 --> 0:05:41.080 that too. It has to be something that's calculated to 0:05:41.120 --> 0:05:43.080 reach that person. So if your data is bad and 0:05:43.120 --> 0:05:45.960 you're not sending out any notice whatsoever, I can pretty 0:05:45.960 --> 0:05:48.120 safely say that there's no notice whatsoever. 0:05:49.080 --> 0:05:51.760 Yeah, I mean, you have what potentially thirty five thousand 0:05:51.760 --> 0:05:54.919 claimants living abroad alone would never see those notices. In 0:05:54.960 --> 0:05:56.680 this day and age where you can do your work 0:05:56.720 --> 0:06:00.520 from anywhere around the world for that matter, that's problematic. 0:06:00.560 --> 0:06:01.360 They'd have to change that. 0:06:02.279 --> 0:06:05.160 And I'll say this, there are plenty of municipalities and 0:06:05.240 --> 0:06:08.039 fire departments and all kinds of local governments across the 0:06:08.040 --> 0:06:10.040 state of Ohio. They have money's in the unclaimed fund. 0:06:10.360 --> 0:06:12.120 You can't tell me the State of Ohio doesn't know 0:06:12.120 --> 0:06:15.000 where the city of Cleveland, City Cincinnati is physically located, 0:06:15.040 --> 0:06:17.200 where send the checks. They can do that. They could 0:06:17.200 --> 0:06:18.760 send them notice and tell them that the property is 0:06:18.800 --> 0:06:20.240 about to be liquidated. 0:06:20.920 --> 0:06:22.520 And we're not doing that right now. Just to be clear, 0:06:23.279 --> 0:06:28.880 they do nothing. Accept here's the website. Find it for yourself. Correct, gotcha? Gotcha? 0:06:29.800 --> 0:06:33.000 If you could point to other I guess precedent. And 0:06:33.040 --> 0:06:35.080 when it comes to notifying people, I mean I get 0:06:35.120 --> 0:06:38.400 notifications all the time for well things like class action lawsuits. 0:06:38.600 --> 0:06:40.120 I get a postcard that says you want to be 0:06:40.160 --> 0:06:42.120 part of this class et cetera. Somehow they can find 0:06:42.120 --> 0:06:43.640 me there. But the state can in this case. 0:06:44.600 --> 0:06:46.839 Believe me, if the state and if you owe taxes 0:06:46.880 --> 0:06:48.640 to the state, of Ohio they were trying to. I 0:06:48.640 --> 0:06:51.520 can't imagine why in this case where they owe you money, 0:06:51.560 --> 0:06:53.640 they're not looking for you, right right? 0:06:54.200 --> 0:06:56.919 He is Jeff Crossman. He is lead counsel in this 0:06:57.040 --> 0:06:59.520 case against the State of Ohio, the unclaimed funds case. 0:06:59.520 --> 0:07:02.200 It's going to fun on all the public Stadia Cleveland 0:07:02.279 --> 0:07:04.280 first with three hundred million or six hundred million. I 0:07:04.279 --> 0:07:05.880 guess I should say out of this up to two 0:07:05.920 --> 0:07:09.160 billion dollars unclaimed funds. So if you have an unclaimed 0:07:09.680 --> 0:07:11.880 a case, or you have unclaimed funds, whether it's a 0:07:11.920 --> 0:07:14.720 dollar or a million dollars, you have to go to 0:07:14.760 --> 0:07:17.560 the state website to check your unclaim funds and find 0:07:17.560 --> 0:07:19.880 them for yourself, as opposed to the state doing due 0:07:19.880 --> 0:07:22.640 diligence to try and find you. That's the crux of 0:07:22.640 --> 0:07:25.760 the argument he's making in the judge of federal judges 0:07:25.840 --> 0:07:29.200 rule that the case can move forward with some guardrails 0:07:29.200 --> 0:07:32.160 in place. There it's I think it was you, or 0:07:32.200 --> 0:07:34.320 it was Mark dan or I had honi you compared 0:07:34.360 --> 0:07:38.880 it to unclaimed funds to a dog shelters website. You know, 0:07:38.960 --> 0:07:41.760 I got I think just within the last year I 0:07:41.840 --> 0:07:44.040 went on and got like because of this case. Actually, 0:07:44.280 --> 0:07:46.200 I think about four hundred dollars on claim funds I 0:07:46.200 --> 0:07:48.160 founded or my name and my brother did the same. 0:07:50.040 --> 0:07:52.880 But the website, I mean, I didn't have a problem navigating. 0:07:52.920 --> 0:07:55.680 But he said, it's just like the website itself is terrible, 0:07:55.720 --> 0:07:58.600 and if it's bad, then it causes people to maybe 0:07:58.640 --> 0:08:01.080 not look for their funds. 0:08:01.360 --> 0:08:03.560 The website is pretty rudimentary. We had a film and 0:08:03.600 --> 0:08:06.880 tip right the other day who handles e commerce for 0:08:07.280 --> 0:08:11.000 BMW internationally, and you know, he's got an IT expert, 0:08:11.080 --> 0:08:14.360 and consider's some fundamental flaws in the way the database 0:08:15.200 --> 0:08:18.040 captures data, sources data, and spits it back to you. 0:08:18.480 --> 0:08:22.000 One of the things we identified originally was one of 0:08:22.040 --> 0:08:24.200 the plaintetfs in the case. His name is pretty common. 0:08:24.760 --> 0:08:27.840 It's Codd Butler. If you put that name into the database, 0:08:27.880 --> 0:08:30.480 it fits back a thousand and it cuts off there. 0:08:30.680 --> 0:08:32.960 There might be ten thousand Todd Butler's in there. You'll 0:08:32.960 --> 0:08:34.880 never know whether or not those other ones are in 0:08:34.920 --> 0:08:38.600 there because it stops giving you results after number one thousand. 0:08:38.640 --> 0:08:41.040 Then the state admitted that every day, So there's just 0:08:41.160 --> 0:08:43.199 really no way to know what property you truly have 0:08:43.360 --> 0:08:45.560 in that whole front there's no way to search it all. 0:08:45.960 --> 0:08:49.679 Imagine a government website or something the government not working properly. Jeff, 0:08:49.720 --> 0:08:50.280 I'm shocked. 0:08:51.800 --> 0:08:54.120 Well, we're here to try to correct the process that 0:08:54.240 --> 0:08:57.480 was the purpose of the laws. We're not anti stadium construction. 0:08:57.600 --> 0:09:00.640 We're not anti Cleveland Browns were all sports here in 0:09:01.000 --> 0:09:03.760 dan law. But we do think that the government should 0:09:03.760 --> 0:09:06.680 act constitutionally, and we do think that they should employe 0:09:06.760 --> 0:09:09.280 some better safeguards to make sure people's rights are protected. 0:09:09.440 --> 0:09:12.720 Yeah, and I think it's important FACETA too. This is 0:09:12.800 --> 0:09:16.319 not about going after the Cleveland Browns or the fund. 0:09:16.320 --> 0:09:19.240 I mean, look at it this way. So I think 0:09:19.240 --> 0:09:22.120 someone made the accusation. This is about opposing public funding 0:09:22.160 --> 0:09:24.840 for stadiums and billionaire stadiums rather than property rights. But 0:09:26.040 --> 0:09:27.600 would you be in the same position if it were 0:09:27.679 --> 0:09:29.800 funding schools, hospital something, all those lies. 0:09:30.720 --> 0:09:33.840 Well unclaimed funds. The way they're doing it is unconstitutional, 0:09:33.960 --> 0:09:37.480 So you know our position is constitutionally, this doesn't make 0:09:37.480 --> 0:09:39.920 any sense if it was a public purpose, a true 0:09:39.920 --> 0:09:43.320 public purpose like building a school or building a fire station, 0:09:43.400 --> 0:09:47.520 for example, that has a much more, much stronger justification 0:09:47.600 --> 0:09:49.960 than in this case. Because it is money being used 0:09:50.200 --> 0:09:52.800 it's a taking for a non public purpose. 0:09:53.240 --> 0:09:54.839 Is there there is a problem there too, Jeff? 0:09:54.880 --> 0:09:56.960 Is there a way you'd be satisfied? I mean, are 0:09:56.960 --> 0:09:59.559 you posted using unclan funds for a public person purposes generally, 0:09:59.679 --> 0:10:03.040 or is it's problematic just the stadium funding, or is 0:10:03.040 --> 0:10:05.360 there a way to you, for you and your clients 0:10:05.480 --> 0:10:07.440 or and your planing to those who brought the suit 0:10:07.480 --> 0:10:09.199 here for them to be satisfied. 0:10:09.840 --> 0:10:11.959 Well, there are two constitutional issues here. One is the 0:10:12.000 --> 0:10:14.520 purpose of it taking, which you've identified, and secondly is 0:10:14.559 --> 0:10:17.120 the notice in the due process we need to have 0:10:17.200 --> 0:10:19.560 a a public purpose and be they have to improve 0:10:20.559 --> 0:10:23.280 the new process safeguards here they don't exist right now. 0:10:24.880 --> 0:10:27.679 Again, Jeff Crossman's here from the Dan Law firm. He's 0:10:27.679 --> 0:10:29.640 the lead counsel in this case brought against the State 0:10:29.679 --> 0:10:31.960 of Ohio, the unclaimed funds case that we've talked about 0:10:32.000 --> 0:10:35.200 here that would fund stadiums across Ohio. The only problem 0:10:35.240 --> 0:10:37.440 is it's coming out of unclaimed funds and after ten 0:10:37.520 --> 0:10:39.400 years that money would revert back to the state. And 0:10:39.440 --> 0:10:43.600 he's saying, there's just not enough notification in place, safeguards 0:10:43.600 --> 0:10:46.240 in place to make sure that your whole and that 0:10:46.320 --> 0:10:48.360 you get to get your money simply because the state 0:10:48.400 --> 0:10:50.440 would rather you not. There's a lot of entities would 0:10:50.480 --> 0:10:53.040 do that too. Right now, the way the lost hands, 0:10:53.040 --> 0:10:56.439 if money left dormant for ten plus years is presumed 0:10:56.440 --> 0:10:58.960 to abandon. I guess the question is should the state 0:10:59.000 --> 0:11:02.560 be able to react unclaimed funds? And we're talking about 0:11:02.600 --> 0:11:05.840 what makes that constitutionally acceptable? This morning on the show, 0:11:06.320 --> 0:11:08.360 where do you think this goes in the next Well, 0:11:08.480 --> 0:11:10.440 now I think too, didn't I say a Tuesday? I 0:11:10.440 --> 0:11:12.520 believe it's a day a judge should make a decision. 0:11:12.520 --> 0:11:15.479 Here he said, you confidence this is going to be Ford. 0:11:15.760 --> 0:11:18.080 The judge made a decision on the Pulomerian junction. Now 0:11:18.080 --> 0:11:19.760 we're moving forward on the case and we're going to 0:11:19.760 --> 0:11:22.520 decide whether we follow an appeal. And by the way, 0:11:22.800 --> 0:11:25.559 I should note that when the state amended the statute, 0:11:25.760 --> 0:11:29.000 it automatically created a complic of interest between the state 0:11:29.040 --> 0:11:31.640 and yourself. You know, think about say you know your 0:11:31.720 --> 0:11:34.679 investment account at Cheryl Schwab, if Charles Schwab now had 0:11:34.679 --> 0:11:36.400 an incentive not to tell you how much money was 0:11:36.440 --> 0:11:38.600 in the account or or what they were doing with 0:11:38.640 --> 0:11:40.480 the money, and that if you don't contact them in 0:11:40.520 --> 0:11:42.840 a certain amount of time, they can just take your money. 0:11:43.600 --> 0:11:46.880 We would all fundamentally agree that that's what we would 0:11:46.920 --> 0:11:50.240 call indezzlement. And essentially what's going on here the state 0:11:50.280 --> 0:11:52.480 now has a conflict of interest. They don't have any 0:11:52.559 --> 0:11:55.000 incentive to tell you that the money is there in 0:11:55.040 --> 0:11:59.760 the ways about protecting yourself. So, uh, it's a real problem. 0:12:00.240 --> 0:12:02.520 Yeah, it seems to be. You know, you laid out 0:12:02.559 --> 0:12:05.520 a very very good dynamic case as to why the 0:12:05.559 --> 0:12:07.840 court should side with you and the plaintiffs in this 0:12:07.920 --> 0:12:11.520 case simply because the lack of notification in the website 0:12:11.559 --> 0:12:15.000 is terrible. My last name Sloan, not terribly uncommon, but 0:12:15.040 --> 0:12:16.600 I could see if your last name is Smith or 0:12:16.600 --> 0:12:19.319 something that if I'm not able to see and find 0:12:19.440 --> 0:12:21.760 exactly the you know, Jeff Smith that's on there, and 0:12:21.760 --> 0:12:25.080 there's probably thousands in the state of Ohio, that's problematic. 0:12:25.120 --> 0:12:26.680 I mean, even if I want to find my money 0:12:26.679 --> 0:12:28.959 and that's my common name, it's going to be difficult 0:12:29.000 --> 0:12:31.400 to do so. And that's part of this lawsuit and 0:12:31.720 --> 0:12:37.440 rightly so that's exactly right, all right, So timeline here 0:12:37.679 --> 0:12:40.040 is now Judges hearing this is probably going to move 0:12:40.040 --> 0:12:42.360 forward in this case. Do you think the state eventually 0:12:42.360 --> 0:12:44.360 settles with this? Are you looking for a settlement or 0:12:44.440 --> 0:12:47.160 just an outright I mean, what what happens to the 0:12:47.160 --> 0:12:48.520 stadium funding model if you win? 0:12:50.280 --> 0:12:52.679 Well, that's an open question. I mean that was That's 0:12:52.679 --> 0:12:54.920 why we argued that it was safer to keep the 0:12:54.960 --> 0:12:57.920 money where it is until we litigate the merits of 0:12:57.960 --> 0:12:59.760 the case. And I think at the end of the day, 0:13:00.080 --> 0:13:02.600 we're still optimistic that we're going to prevail here. And 0:13:02.640 --> 0:13:04.960 if that's the case, then this money, this half a 0:13:05.000 --> 0:13:08.160 billion dollars or more has left the State of Ohio's coffers. 0:13:08.360 --> 0:13:10.160 It's going to be taxpayers that have to put back 0:13:10.200 --> 0:13:10.680 that money. 0:13:10.760 --> 0:13:12.839 Yeah, Jeff, all the best. Thanks for chepping on this 0:13:12.880 --> 0:13:14.920 morn now. You're extremely busy, but I appreciate taking time 0:13:14.920 --> 0:13:17.400 out to chat here. Jeff Crossmow, the Dan Law firm, 0:13:17.440 --> 0:13:19.959 lead counsel in this case, All the best, You have 0:13:20.000 --> 0:13:22.160 a great dable chat again. Thanks again, man, I appreciate you. 0:13:23.440 --> 0:13:25.320 I've got some time here maybe to talk about this. So, 0:13:25.720 --> 0:13:27.720 I don't know if you've checked the Unclaimed fun site. 0:13:27.720 --> 0:13:29.920 I have, and as I said, found like four hundred 0:13:29.960 --> 0:13:32.400 bucks or something like that. I thought it was pretty 0:13:32.400 --> 0:13:35.440 easy process myself on my name. Okay, this is me here, Boom. 0:13:36.240 --> 0:13:41.360 But I have a common but not uncommon name. If 0:13:41.400 --> 0:13:45.280 you have a very common name, I don't know if 0:13:45.280 --> 0:13:47.480 you found it extremely difficult to navigate this site or not. 0:13:47.559 --> 0:13:50.600 As I said, I didn't, but your results may vary. 0:13:50.720 --> 0:13:51.080 I don't know. 0:13:51.080 --> 0:13:54.240 I'm kind of torn on this, but I tend to 0:13:54.320 --> 0:13:56.679 lean in this one towards more towards the state, and 0:13:57.280 --> 0:13:59.360 not that I want people to lose their money, But 0:13:59.880 --> 0:14:03.600 I don't know. After ten years, seems to me, with 0:14:03.760 --> 0:14:05.720 all of the information out there, you know, check all 0:14:05.720 --> 0:14:09.040 you gotta do is check this website. Now, it seems 0:14:09.040 --> 0:14:10.960 to me that that is on you. Ten years, you 0:14:10.960 --> 0:14:15.600 don't know that that money's out there. How far? How 0:14:15.640 --> 0:14:17.800 far should the state go to try and get that 0:14:17.840 --> 0:14:21.480 money back to you? Now, I think two things here 0:14:21.560 --> 0:14:24.280 are important that the state would have to simply notify 0:14:24.360 --> 0:14:27.000 you somehow, I send you a postcard or whatever it 0:14:27.080 --> 0:14:30.920 might be, to a reasonable attempt to contact you. I mean, 0:14:30.960 --> 0:14:33.760 I get contacted by people I don't want contact contacting 0:14:33.800 --> 0:14:35.640 me all the time. They can find me, but the 0:14:35.640 --> 0:14:40.320 state can't. That's problematic. And as he said, if you 0:14:40.360 --> 0:14:43.000 have a common name, it's difficult to navigate the website. 0:14:43.520 --> 0:14:46.400 That strike too, But I think if the state where 0:14:46.480 --> 0:14:51.480 to change those two elements, that to me seems like 0:14:51.520 --> 0:14:56.160 it would satisfy the claim that they're trying to hold 0:14:56.160 --> 0:14:57.680 on the money. And you can see that right, there's 0:14:57.720 --> 0:15:00.800 incentive for the state to hold your cash in an 0:15:00.880 --> 0:15:03.400 unclaimed account because now it's going to go to fund 0:15:03.760 --> 0:15:08.080 pet projects that lawmakers will definitely line up to try 0:15:08.120 --> 0:15:10.200 and get that quote unquote free money, not free, but 0:15:10.280 --> 0:15:14.840 quote unquote free money in order to well build something 0:15:14.960 --> 0:15:17.280 nice to get votes. I'm the guy who got the 0:15:17.280 --> 0:15:19.800 new Cleveland Stadium. I'm the one who got Pai Course Stadium. 0:15:19.880 --> 0:15:25.200 I'm the one that got GABP made whole again and remodeled. 0:15:26.000 --> 0:15:28.600 So there's tremendous incentive for the state here. But we'll 0:15:28.600 --> 0:15:31.080 get your thoughts onto the unclaimed funds thing. And like 0:15:31.120 --> 0:15:32.920 I said, I tend to look at and go all right, 0:15:32.920 --> 0:15:36.400 I think you fix a website and make a concerned effort, 0:15:36.520 --> 0:15:38.720 do your due diligence and trying to locate someone with 0:15:38.760 --> 0:15:42.680 those funds, then that's probably the best you can do. 0:15:42.720 --> 0:15:44.840 Outside of the public notices in the website your thoughts 0:15:44.880 --> 0:15:47.200 five one, three, seven, four, nine hundred. The big one 0:15:47.240 --> 0:15:49.720 talkback be the iHeartRadio app. You can get me there. 0:15:49.720 --> 0:15:53.800 If you're listening to the stream through your phone, We'll 0:15:53.800 --> 0:15:55.880 get do that. We'll get news. We've got weather moving 0:15:55.920 --> 0:15:57.720 in all sorts of moving parts this morning here on 0:15:57.760 --> 0:16:04.200 the Sconsolon Show on seven hundred w plony here seven 0:16:04.280 --> 0:16:08.280 hundred WLW. I I've got their news. Got through some 0:16:08.760 --> 0:16:11.560 other stuff. And last half hour I had Jeff Crossman 0:16:11.560 --> 0:16:13.680 on Dan Law from lead Counselors's lawsuit against the State 0:16:13.720 --> 0:16:17.360 of Ohio for unclaimed funds to finance well Cleveland Brown Stadium. 0:16:17.400 --> 0:16:19.760 But let's face it, it's going to finance a redo 0:16:19.760 --> 0:16:23.480 of great American ballpark money for pay Corpse Stadium, and 0:16:23.760 --> 0:16:26.120 I would think it's going to be a critical funding 0:16:26.200 --> 0:16:30.000 source for a new arena. If they can get this done, 0:16:30.200 --> 0:16:31.800 I would think that a new arena is going to 0:16:31.840 --> 0:16:34.360 be fast tracked here in Cincinnati, and not just in 0:16:34.440 --> 0:16:36.880 c but across the state of Ohio. The problem is, 0:16:36.880 --> 0:16:40.360 is this unclaimed funds thing. Is Jeff Crossman issuing with 0:16:40.400 --> 0:16:43.080 the Dan Law firmers arguing that we just don't notify 0:16:43.080 --> 0:16:47.120 people well enough in advance, and I think that's olally true. 0:16:47.160 --> 0:16:48.800 I don't think I've ever gotten thinking, hey, you've got 0:16:48.840 --> 0:16:50.840 unclaimed funds. You're just supposed to know where the website 0:16:50.880 --> 0:16:54.200 is for other things. I get notifications, I get mail, 0:16:54.240 --> 0:16:57.080 I get email. Somehow they can find me, but the 0:16:57.120 --> 0:16:59.640 government can't, which backs up the claim that this is 0:17:00.240 --> 0:17:02.720 now going to be even worse when it comes to 0:17:02.760 --> 0:17:05.440 onclim funds, and that they're going to make it harder 0:17:05.440 --> 0:17:07.159 for you to get your money. And the website is 0:17:07.480 --> 0:17:09.040 like I said, I did, I didn't have a problem 0:17:09.040 --> 0:17:10.840 with it, but if you have a common last name, 0:17:10.840 --> 0:17:13.080 apparently it's a bit of a nightmare you clean those 0:17:13.080 --> 0:17:14.879 two things up. I think it's a it's a go 0:17:15.000 --> 0:17:19.159 simply because I mean, l's say, you know, if you 0:17:19.400 --> 0:17:22.160 don't have an interest in finding money that's there for you, 0:17:23.960 --> 0:17:27.000 I mean, how far how much notification should we give you? 0:17:27.040 --> 0:17:30.280 It's pretty much common knowledge at this point that the 0:17:30.320 --> 0:17:32.520 website is out there. You have to you have to 0:17:32.600 --> 0:17:34.240 have an interest in finding that money to begin with. 0:17:34.480 --> 0:17:36.920 Let me get to Tammy and Cincinnati on seven hundred 0:17:36.960 --> 0:17:39.240 WW discussle and Joe Tammy appreciate holding what's up? 0:17:40.840 --> 0:17:44.639 Hi let's have a comment where I work at a 0:17:44.640 --> 0:17:48.400 small business. Every year we go through the credits that 0:17:48.440 --> 0:17:50.679 we owe to people and we have to try and 0:17:50.720 --> 0:17:53.080 track them down and pay them back because if we 0:17:53.200 --> 0:17:56.280 hold onto that money after a year, we have to 0:17:56.320 --> 0:17:59.760 send it to the states. And my question is, if 0:17:59.760 --> 0:18:01.760 we put in all the time and effort to try 0:18:01.760 --> 0:18:05.240 and find these people and we can't find them, and 0:18:05.320 --> 0:18:07.480 we send the money to the states, why is the 0:18:07.520 --> 0:18:10.320 state entitled to that money and why wouldn't it revert. 0:18:10.040 --> 0:18:12.159 That tough go back to the tach Well, how you 0:18:12.200 --> 0:18:14.360 distribute that? Does it go back to the general fund? 0:18:14.400 --> 0:18:16.200 But if it goes to general fund, then the lawmakers 0:18:16.280 --> 0:18:18.000 was to spend it on something else. At least it's 0:18:18.040 --> 0:18:21.480 earmarked for I guess something that makes sense. You could 0:18:21.520 --> 0:18:23.080 hear market. I suppose for a bunch of different things, 0:18:23.080 --> 0:18:26.280 schools and whatnot. But this is a way to remedy 0:18:26.320 --> 0:18:29.399 the cost of stadiums and not lean back on taxpayers. 0:18:29.480 --> 0:18:32.119 Largely because of what happened in Cincinnati back in the ninety. 0:18:33.200 --> 0:18:36.600 But why wouldn't like the small business that I work for, 0:18:36.600 --> 0:18:37.960 why shouldn't they get that money back? 0:18:38.000 --> 0:18:38.679 They put forth the. 0:18:38.640 --> 0:18:41.240 Effort to try and find the people. Yeah, should they 0:18:41.280 --> 0:18:42.720 have to turn it over to the state. 0:18:42.640 --> 0:18:44.919