INVESTORS, PLANS & MONEY: Escheatment, pretty much what it sounds like
Our very own government has developed an elaborate scheme to grab millions from unsuspecting persons right from under their noses.
The legal theory of escheatment dates back to feudal England. Land that was held by a person with no heirs or a person committing high crimes would lose their property to the royals. Over time, escheatment became the right of a government to claim property.