Anonymous
Anonymous asked in Business & FinanceInvesting · 4 weeks ago

Are funds recovery real or scams?

Are funds recovery real or scams?

5 Answers

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  • kswck2
    Lv 7
    4 weeks ago

    Fund recovery businesses are suspect at best. And they take a Large cut of the proceeds. If a state government has some of your unclaimed money, you are best off trying to get it yourself. 

  • 4 weeks ago

    Funds recovery businesses are usually simply people who check "unclaimed property" websites on state government websites. If they find someone who has a substantial amount, they will do the paper work to get funds back to you for a fee. 

    For example, if you have $10,000 in unclaimed property they may charge you 10% ($1,000) and return the remaining $9,000 to you. 

    That is technically not a scam, but they probably will not tell you that in about 15 minutes you could file the paperwork yourself and get back the entire $10,000.

  • Murzy
    Lv 7
    4 weeks ago

    There are some state bank listings of unclaimed funds.

  • 4 weeks ago

    If you are willing to spend $50 to recover $40 its real.

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  • Anonymous
    4 weeks ago

    real easy to be a scam ........................

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