How Do I Find Out If I Am Eligible for Indian Money?
Notices were sent out to American Indians affected by the $3.4 billion class action settlement Cobell v. Salazar. Individuals who didn’t get a notice and believe they are eligible to receive part of this fund should call the Indian Trust Settlement Hotline at 1-800-961-6109, according to RezNet News.
Cobell, a Montana banker, sued the federal government over misspent Individual Indian Money accounts and won. The final settlement calls for $1.5 billion to be distributed among those who were part of the lawsuit. CNN notes that another $1.9 billion goes into a land consolidation program, allowing the Department of the Interior to purchase historically tribal land and return it to tribes. In addition, up to $60 million of this money can be used for scholarships.