The State of Texas Might Be Holding Your Money - Go Get It!
I received a letter from what looked like a credited agency. The letter read:
"Our firm is contacting you regarding your $875.78 refund transferred into a third party trust account where it is being held on your behalf for safekeeping. They claim to be private investigators and they have located this money for me.
I go through the process and get the check sent to me. Then I turn around and pay them a 10% finders fee. So, what is really going on?
They are basically going to the Texas Unclaimed Property Site (www.claimittexas.org) and finding people who have money held there. For example, when an employer or organization sends out a check and it comes back undeliverable, they will typically send it to this Texas agency and remove it from their books.
The site says that Texas has returned over 2 billion dollars of unclaimed property to their rightful owners. So, you don't need a third party to do something you can do for yourself. Go to the site and enter in your information. You might find that you have money being held there. I went and checked and found 6 checks that have gone unclaimed probably from decades ago. Still, it is my money. I just had to offer up some proof and verify my identity.
The State of Texas allows up to 10% to be paid to a third party if you were to use one to help retrieve your money. The website claims that on some transactions they do charge 1.5%. It wasn't clear as to what type of transactions though.
Bottom line - go check it out. You might find a monetary surprise waiting on you!