Special guest, criminologist Dr Judy Christman Yates, gives advice on the legitimate way to find out if you have unclaimed money just waiting for you!
But don't be fooled! Scammers are contacting people, telling them that they are a claimant in a class action lawsuit that was settled for $4,800,000. To get your share, you need to send $30 - $50 to a processing center within five days. While this is a scam, many people are legitimately owed money. To find out if that includes you, go to https://www.usa.gov/unclaimed-money
Dr Yates says that unclaimed money could be owed to you from many sources, including: bank accounts, the contents of safetly deposit boxes, stocks, mutual funds, uncashed checks or money orders, certificates of deposit, insurance policies that have matured or terminated, mineral rights, royalty payments, unclaimed property, escrow accounts and utility accounts.
Dr Yates also reviews the most common scams and shares advice on how we can protect ourselves. She invites you to send her an email at [email protected] if you'd like to subscribe to her financial exploitation newsletter.
To report a cam or share your story on Scam Squad, contact Deputy District Attorney Vicki Johnson on her FRAUD HOTLINE at 805-568-2442.
