Are the emails about there being unclaimed funds of yours real -- or are they just a scam?
Unclaimed Funds, Unclaimed Money, and Unclaimed Property
There are many unclaimed funds, money and property emails going around right now. They say that you're owed money or property. But are they real?
Internet ScamBusters Issue #100 explains the truth about these unclaimed money emails.
Here is a typical example of these unclaimed funds email:
You are owed money!
Nine out of ten people over the age of 25 are owed money they didn't know they had, and you are one of them!
There is over 400 billion dollars in unclaimed money in the United States, 400 billion! This money belongs to You, and millions of other Americans.
You may have seen or heard about unclaimed funds on a talk show or news program. Oprah Winfrey recently devoted an entire program to unclaimed funds. Her purpose was to alert the public that every individual should check to see if they are owed money, since 90% of American adults have abandoned assets.
Most people don't think they've ever lost money, but how do they really know unless they check? Abandoned money is money you don't know about, and that is precisely why you must check! 90% of Americans have lost money and because most don't bother to check, over 400 billion dollars has accumulated in national depositories. The average amount of money owed to an individual is approximately $2,200.00. FIND OUT ABOUT YOUR MONEY TODAY!
Company XYZ Inc. helps individuals across North America discover these abandoned funds. To initiate a search for your money, please call our international information hotline at 1-809-414-xxx now. Company XYZ Inc. charges you no fees for a search. If funds are found in your name, you can then choose to recover the money yourself or let us help recover the money for you. We only charge a 15% fee of the amount found after the money has been recovered. There are no up-front costs to you.
That's all there is to it. We want to build a relationship with you to help recover all your sources of abandoned money. Let us go to work for you. If you are not satisfied with our assistance, you are under no obligation whatsoever; Company XYZ Inc. cannot proceed without your consent. You have a 90% chance of being owed money, so take that first simple step and inquire about the money waiting for you! We are available to take your calls 24 hours a day 7 days a week.
Remember, nine out of ten people are owed money! CALL 1-809-414-xxxx NOW!
Yours truly,
Company XYZ Inc.
The truth about these unclaimed funds emails is a bit surprising. Now that you've seen an example, check out the ScamBusters issue on unclaimed money.