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Escheat show (Update)

Empty pocket.
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"Empty Pocket"
Empty pocket.

Note: This original episode ran in 2020.

Walter Schramm did everything right as an investor — at least according to the philosophy of Warren Buffett. So how come he lost a small fortune?

In this episode, we look into an obscure government program that slurps up forgotten money. We hunt for money we might have left vulnerable and we try to figure out how it got there in the first place so we can tell you where to find the money you've misplaced too.

This episode of Planet Money was originally produced by Alexi Horowitz-Ghazi with editing from Nick Fountain. Today's update was produced by James Sneed. Our executive producer is Alex Goldmark.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter

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Copyright 2025 NPR

Audrey Quinn
Kenny Malone
Kenny Malone is a correspondent for NPR's Planet Money podcast. Before that, he was a reporter for WNYC's Only Human podcast. Before that, he was a reporter for Miami's WLRN. And before that, he was a reporter for his friend T.C.'s homemade newspaper, Neighborhood News.