Greg's Corner

Tagged: unclaimed funds Toggle Comment Threads | Keyboard Shortcuts

• 

  Geebo 9:00 am on January 6, 2021 Permalink | Reply
  Tags: Kansas ( 7 ), Scams ( 1,354 ), unclaimed funds, unclaimed money ( 4 ), unclaimed property ( 2 )   

  Unclaimed property scam making the rounds again 

  

  Every once in a while, you might see a news report about unclaimed property in your state. The stories usually recommend you check with your state’s treasury department to see if you have any unclaimed property. Usually, this property is money from old bank accounts you may have forgotten about or a small inheritance you may not have been aware of. You may think to yourself that you’d probably remember any bank accounts or inheritances, but you may be surprised what you find when you check with your state. That’s not to say that everyone will have unclaimed property when they check with their state. However, scammers may try to convince you otherwise.

  In the state of Kansas, the Treasury Department there is warning residents about an unclaimed property scam that’s been going around. Scammers have been sending text messages telling residents that they have unclaimed property with the state. As with most text messaging scams, the texts contain a link where you can supposedly claim your property. This is a trick designed to get your personal information. If you click on the link you’ll be asked to input your personal information for ‘verification purposes’. If you do input your information you will more than likely have your identity stolen.

  There is another ploy that also uses unclaimed property as its motivator. Some people will go through the state’s records of unclaimed property holders. They’ll then contact the inheritor unsolicited to let them know that they have unclaimed property with the state. They’ll claim to act on your behalf to procure you those funds for a fee, of course. This may not be illegal per se, but if you make the claim with the state yourself there is no fee involved.

  A good resource to use on how to check for unclaimed funds is the USA.gov website. Good luck on your hunt but don’t be taken in by those who would give you false promises.

   

  Leave a ReplyCancel reply
• 

  Geebo 8:00 am on July 2, 2020 Permalink | Reply
  Tags: freedom to breathe card, Global Empowerment Fund, government scams ( 5 ), impersonation scam ( 144 ), phishing ( 75 ), Scams ( 1,354 ), unclaimed funds, unclaimed money ( 4 )   

  Government impersonation scams 

  

  Recently, we’ve heard of three new scams where the scammers are impersonating either the federal or state government. Scammers often imitate various government agencies in order to make their pitch seem more authentic. However, the impersonations are never perfect.

  The Federal Trade Commission is warning citizens about an email phishing scam that is using the agency’s name. The emails claim that you’re eligible to receive funds from the “Global Empowerment Fund” due to the current pandemic. All you need to do to get the money is to provide your bank account information and the money will appear in your account. While the FTC hasn’t said if anyone has fallen for this scam, it’s a safe bet to assume that your bank account will be drained rather than receive extra funds if you were to provide your banking details.

  With the current controversy over whether or not you should wear a mask to stop the spread of coronavirus, scammers are selling cards that claim to make someone exempt from having to wear a mask. The idea is that you present this card to a business that requires the wearing of masks and you’ll be allowed in without a mask. The card claims amnesty under the Americans with Disability Act and has a fake Department of Justice logo. While these cards may appear official they have no legal authority and no business is required to abide by them.

  Lastly, we have a scam on the state government level. In Michigan, residents there are reporting receiving text messages that claim to be from the state. The messages say that they can reunite the recipient with unclaimed property. The messages then provide a link for you to click on. As always, you should never click on links in text messages from someone you don’t know. Now, unclaimed property is something that most states hold on to. However, in most cases, you have to pursue the state to claim any such assets. Usually, you can start the process through a state website. Very rarely will the state contact you and if they do they wouldn’t do it by text message. If you receive a text like this the best thing to do is delete it.

   
• 

  Geebo 8:00 am on October 22, 2019 Permalink | Reply
  Tags: Scams ( 1,354 ), unclaimed funds, unclaimed money ( 4 )   

  Do you really have unclaimed money? 

  

  Occasionally, you might read or hear a news report stating that you should check with your state’s government to see if you have unclaimed funds. For whatever reason, you may have some money owed to you by the state. Sometimes it may be a bank account that you’ve forgotten about or it may be a small inheritance that you were totally unaware of. For some of us, it’s the dream to find out that we’re due an unexpected windfall to possibly help us out of our current financial situations. As usual, there are people looking to take advantage of that dream.

  Once again the Better Business Bureau has been receiving complaints about a scam promising unclaimed funds to its victims. It starts out like most scams. You’ll receive some kind of call, mailer, email, or social media message telling you that you have some kind of unclaimed money due to you. All you have to do is call this number and hand over all your personal information in the guise of ‘identity confirmation’. You’ll also be told that you only have a few days to claim your money. However, this is all a plot to steal your personal information for identity theft. That’s not to say that funds can’t be claimed.

  [youtube https://www.youtube.com/watch?v=I5V1fCXdig0%5D

  You can check with local or state governments to see if there are unclaimed funds in your name. These services are free so don’t pay any money to services who try to charge you. A good resource to use on how to check for unclaimed funds is the USA.gov website. Good luck on your hunt but don’t be taken in by those who would give you false promises.