So now you’re rich! Remember those dream-come-true emails or even a fax that said you inherited a fortune from a long lost relative?
All you had to do was either pay a fee to get your hands on the cash or provide your bank account info so it could be transferred to you.
Well, the inheritance scams are back — not that they ever really left. The frequency had just sort of faded away.
When the con stops working, the crooks know when to give up. Here’s the but — now the crooks have come up with ways of making the scam seem more convincing.
And unfortunately, there are enough people willing to believe their ship has finally come in.
What’s changed is the rich relative or dead Nigerian prince is no longer the angle. The new hook is there is some unclaimed fortune waiting for you to pick up. This a very plausible situation.
In Illinois it’s called ICash, and the State Treasurer is holding $2.5 billion in unclaimed funds. They may be matured insurance policies, unsettled debts or bankruptcies. In fact, nationwide estimates suggest there could be as much as $52 billion worth of this cash floating about between lawyers and state or federal government sources.
There are legitimate professionals, like probate attorneys, who make their living from tracking down will beneficiaries.
The internet is also loaded with websites that offer access to public records and actually conduct searches…