I received a pitch in the mail from a company that says it can streamline to process of obtaining some money from an old employer that was turned over to the US Treasury. I went to Treasury website, and as typical for gov’t beauracracy, it was damn near impossible to figure out. Anyone out there know how to navigate system to find out which govt entity has these funds?
I’ve seen that before, its just a scam. Ignore it, or report it, but don’t fall for it.
Scam
such funds are usually sent to an arm of the state government, not the US government.
google for “unclaimed funds” — there’s a US website that has links to the websites of the states on this.
and it’s free — you do have to provide proof that you’re the person though.
While it’s true many unscrupulous companies will send letters as you have described, unclaimed property is very real with 40 billion dollars available nationwide at the end of 2007.
However, you should be wary of companies who are wanting to charge a percentage of the claim. this could cost you thousands of dollars if you have a large claim.
For lifetime access to search all 50 states, see http://www.unclaimedmoney.net
You will find everything related to unclaimed money and a one time access charge for all things related to unclaimed money and property. Plus, you’ll have access as a member to experts who can assist you with the claim at no additional charge.
hope this helps!