citi unclaimed property letter

On the other hand, in the FAQs that came in the letter, if the actual owner is deceased, they request a death certificate to be included along with any paperwork (a will, etc.) They try to get money or personal information from victims upfront and quickly, often warning that the transaction must be kept confidential. In Maine, State Treasurer Terry Hayes said her office last month received seven calls within a week from residents who had gotten email solicitations with an embedded link to a phony website. We are driven by the power of knowledge to solve today's most challenging problems. Scam alert: BBB warns fake unclaimed property letter may look real, but don't fall for it Scam alert: BBB warns fake unclaimed property letter may look real, but don't fall for it. And because it doesnt link in to the main meat of what they do (loans, bank accounts and credit cards), most of their customer support infrastructure wont be setup for it. Or google the number and see if its really theirs. But doesnt seem to make it more likely to be legit if the amount is high enough. Dont know.

w#q^_GkPcZq4CYQA.B" jx;%|'QM/T6Ke x o2vVX^-(9 _-n%Z7EKK|w(7f bc9WQc(B2r~>DVjCh2:DZ+sZ`OnE3UNd;8:8yZz;mJF+Y*nsqiJA;$R]1}]v}|_VFF$+F#2jgIbE:Zh\]J=kc$d A`O=6W?sKts|xoweYyzJA{?&?v||RG .Bh When I put the claim into Ohio for my dads money there, I had to send them their claim form, an original copy of my dads death certificate, his obituary and a copy of the last document I had from the probate court showing that the last assets had been disbursed to me and the estate closed. Posts reflect Experian policy at the time of writing. In West Virginia, State Treasurer John Perdue in March also put out a warning about an unclaimed property scam. I just tried and theres no way to get through the bot - what I need info on isnt included in their categories and I have no account numbers I can punch in. There is plenty of it. 2O.W1]K 2$llg}Z%IIw?. Qg1QgaT$RZB The letterhead looks official and even the website is convincing, butHutchison saidthe letter is the work of a scammer. The email from the public weve been getting about this has increased tenfold in the past year.. Many thanks and blessings. But when I contacted you a couple months later, you still hadnt gotten the records you need. Statelines team of veteran journalists provides daily reporting and analysis on trends in state policy. Thats generally bank accounts, life insurance policies, dividend checks, he said. The official would only send more details if they provided their personal information. Sorry, your blog cannot share posts by email. But we also checked the website, which was just registered in August," he said. If you forget to cash a paycheck, overpay a utility bill or leave behind a security deposit, to name a few examples, that money eventually gets handed over to the state if you can't be found. But the letters and emails are the work of scammers, not state officials. Theres an air of legitimacy to them, said John Breyault, a vice president at the National Consumers League. This is the one thing that makes me think it could be legit, since why would they want someone to do that if it werent? Since it needs to be notarized, the notaries there may have seen a letter like this before. Pew applies a rigorous, analytical approach to improve public policy, inform the public, and invigorate civic life. Some of the offers on this page may not be available through our website. Anyone could be victimized by a scam like this, butas with most scamsthe elderly are at a high risk of being targeted for their information, Lobell says. But Citi is also a huge company and this info may not be on any public-facing web page. Mention that the company/person causing you grief will end up in Dear John, and maybe you can settle your problem without me.

@$QdUM{DR}l OO>Z>,#MY K4LZ!Q2Q7&I(c$%iAM(6tDwI:pLcpi)XT.6Qf+y[`W`Yc\%HT/\2(b|8=(HPh-W7H?h675AQkQQ-R7C3f-N}BfaEEi*5^E He is trying to find his aunts paperwork, to no avail right now. And your zero-balance checking account is funded daily to prevent overdrafts and maximize liquidity. They send the $2,250, then $10,000, then $50,000.. Often, they havent heard from the owners or been able to get in touch with them over a period of time. While Experian Consumer Services uses reasonable efforts to present the most accurate information, all offer information is presented without warranty. Post was not sent - check your email addresses! It includes dormant savings accounts and CDs, life insurance payments, death benefits, uncashed utility dividends and the contents of abandoned safe deposit boxes. endstream endobj startxref All information, including rates and fees, are accurate as of the date of publication and are updated as provided by our partners. The letter states that if there is no response by the end of August, the unclaimed funds will go to our states unclaimed funds department. I think Ill try taking it to my own bank. Here's what you need to know. The leave a message instructions might concern me but its not a call center most likely, small office maybe 1 person working through it all. Readers: I got a kick out of this readers two e-mails. Not worth spending any more time on. Just so you know, I did contact New York state for you, but it seems that just the mention of The Posts name appears to have gotten the job done before I needed to use my charm (and threats) to settle this matter. They simply contact people at random, using email, letters or phone calls, hoping to snare a victim. (Note: Not every state participates.). My father died in 1976, and his brother in 1984. Of course I could just wait and see if the funds actually get turned over to the state. Banks, insurance companies and other businesses are required by law to turn over assets from abandoned accounts to state unclaimed property agencies. We found the money in unclaimed funds and sent in all the notarized paperwork. Please understand that Experian policies change over time. The Average Personal Loan Balance Rose 3.7% in 2021, Total Mortgage Debt Increases to $10.3 Trillion in 2021, Credit Card Debt in 2021: Balances Slightly Decline, Best Credit Cards With No Annual Fee of 2022, Best Credit Cards for Gas Purchases of 2022, Best Credit Cards for a Road Trip in 2022. Daily update original reporting on state policy, plus the day's five top reads from around the web. People who want to collect abandoned property can file a claim for free. How to Avoid Scams and Safely Claim Your Property or Money, National Association of Unclaimed Property Administrators website. Often, he said, they ask victims to place cash in the pages of a magazine, seal it and mail it. Location: Out there somewherea traveling man. I can try calling their customer service number, but I suspect theyre not going to know anything about this, as they exist to help people with their credit or bank accounts. 0 Im surprised no one else has mentioned getting anything like this themselves. Citi's state-of-the-art Delaware Processing Facility reconciles checks presented for payment with checks you actually issued, giving you more control over the items you decide to pay. NAUPAs Milby said states try hard to connect people with their lost assets. The Canadian BBB saidthere is no such attorney in Canada.. The letter says if the unclaimed property is over a certain dollar amount, notarization is required. Besides costing victims money, consumer advocates say this kind of fraud diminishes public trust in state agencies that handle unclaimed property and makes it harder for them to do their jobs. Therefore, its perfectly possible this cash is his too though for the life of me I cant think of what it might be, and I know the source of the other two. Experian websites have been designed to support modern, up-to-date internet browsers. The scams play on the idea that people are simply getting back assets theyre owed. Forty states and the District of Columbia also provide that information to a NAUPA-endorsed national website that the public can search. For officials in the Massachusetts Treasurers Office, unclaimed property fraud is personal: The offices Boston address is being used in a nationwide scam that pilfers NAUPAs letterhead. Kristin Keckeisen, of the AARP Fraud Watch Network, said victims often react emotionally, not logically, when scammers lure them into their web. Is a Debt Consolidation Loan Right For You? In 2015, unclaimed property agencies in the U.S. collected $7.8 billion and returned $3.2 billion to rightful owners, according to NAUPA. One way to quickly identify an unclaimed property scam is if a source claiming to be from your state government contacts you via text. Citi is among the largest single-point provider of controlled disbursement and fraud prevention services in the industry. According to the BBB, companies or businesses who help reclaim property do not charge an upfront fee or flat rate. C.M. "It's always better to look for the agency's contact information independently instead of responding to the message," Lobell says. Hopefully, someone in the governors office will take sympathy on you and cut through the red tape. Im not able to find the exact address thats printed on the letter, though Citibank NA does have addresses and PO boxes in the same range as the address on the letter. The treasurer, comptroller or auditor of each state maintains a list of abandoned property and runs an online database that anyone can search by name for free. Opinions expressed here are author's alone, not those of any bank, credit card issuer or other company, and have not been reviewed, approved or otherwise endorsed by any of these entities. It says that they have some unclaimed funds in my fathers name. In this case, I know better. Sign up for our daily updateoriginal reporting on state policy, plus the day's five top reads from around the Web. Citi also offers top-notch imaging services to help you reduce investigation and retrieval costs. Hutchison said it just so happens he had a family member with the same name that was on the document. Experian and the Experian trademarks used herein are trademarks or registered trademarks of Experian and its affiliates. So we are trying again. "We're working to ensure that our tools to monitor and catch these bad actors stay up to date.". 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