Florida consumers are being warned of an emerging unclaimed property scam.
Chief Financial Officer Jeff Atwater said scammers have been offering to reunite consumers with unclaimed property for an upfront fee of $600.
Atwater’s Department of Financial Services is responsible for returning unclaimed cash, securities and other property left in safe deposit boxes and dormant accounts at Florida banks. It does not charge a fee. The department last year returned $209 million in unclaimed property.
Atwater said a company calling itself The Florida Department of Financial Restitution has been falsely claiming it has a contract with his department. Citizens have reported being asked by the company to pay the $600 although they had no unclaimed property held by the state.
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q3 Net Income Down Slightly on More Catastrophe Losses 
All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery 
Fisherman Killed by 12-Foot Alligator at Central Florida Lake 
Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks From This Issue
