My Money Monitor... anyone heard of them? NECRO THREAD

[Spoooon]

Wife got a letter saying they can recover x amount of dollars for a 10% fee. I think it's a scam, but some quick googling didn't really turn up the "it's a scam" results I was expecting.

The letter has a previous address we lived at, the name of a bank my wife uses, and it says to not send any money until receipt of funds.

It doesn't make sense and I don't believe it.

website: mymoneymonitor.com

update: Went to Texas Comptroller's website and was able to request the money. Thanks anandtech.

 

[wirednuts]

what money do you have out there that you didnt know about?

 

[Imp]

"Recover" what? From the gubement?

 

[xochi]

The company may be a scam, but i would check your states unclaimed property website. I bet the scam company just got ahold of the public data and found your name on the list and are trying to get a fee for something that you can do yourself for free.

This happened to my dad a few years ago, i went to the Texas Comptrollers website and sure enough he had money to claim.

 

[thestrangebrew1]

I think the state of CA put up a website a few years ago for people who were entitled money to, either by unclaimed taxes or a death by a family member or something crazy like that. I can't remember the details but I never really looked into it. Sounds kinda similar.

 

[MixMasterTang]

You should be able to locate unclaimed money from here: http://www.unclaimed.org/

 

[IonBlade]

Not a scam, but, as above, not the best way to recover your money either. I got snailmail from them a week ago and almost threw it away as junk, but my buddy did some Googling and mentioned they just took a cut off of money that's yours per the state that you can collect yourself.

Went out to the Texas state unclaimed property site directly, rather than going through My Money Monitor and found my bank owed me a significant amount - less than a minute of form filling and it's on the way.

 

[thestrangebrew1]

You should be able to locate unclaimed money from here: http://www.unclaimed.org/

Funny I decided to check it out and apparently I have $49 unclaimed from an old Capital 1 card. This'll go to my soon to be had catleap!

 

[Spoooon]

Thanks Anandtech hive mind! I went to the Texas Comptroller's website and was able to put in the request.

 

[xochi]

I checked my name on the Comptrollers website for giggles and have $194 in unclaimed profit sharing under my old address. Thanks OP

 

[BoboTheEvilDevilClown]

My buddy works there. The service they're really providing is the notification. Yeah you can check on your own behalf, but for whatever reason many people don't. They're also often not aware of how to do a thorough search. They're charging you for the money the spent finding you and mailing you a letter more than for helping you with the process. (Well the fee is technically for holding your hand during the process, but most of it actually goes to cover the $ spent finding you.)

Full Disclosure: I was asked to post this by my friend after he saw a google alert about this thread. (Because I have an established account.)

 

[ScamAlert]

My money monitor www.mymoneymonitor.com is a SCAM. I know from personal experience, you end up losing the property/money that is legally yours.
You don’t need to work with them, or any other company, to claim your property. Visit "unclaimed.org", click on your state and check under your name. Every state has an office for filing claims. You can do this yourself without any cost or risk.

 

[sassysavy]

Thank you OP! I received a letter from www.mymoneymonitor.com and said Ihad money but they wanted to charge me 20% to pay me the money, I went to http://www.unclaimed.org/ and I was able to get 100% of my money with out any additional fees!!! Thank you!!!

My Money Monitor is a freaking ripoff trying to charge me to get my money which I can rightfully get for FREE!!!!

 

[Imp]

This must be a tasty thread on Google.

 

[smackababy]

This must be a tasty thread on Google.

Thanks to that necro, I found I am owed $16.47! Thanks spammers.

 

[Phoenix86]

Thanks to that necro, I found I am owed $16.47! Thanks spammers.

I can help you recover it for a mere $1.65!

 

[bignateyk]

hmm.. State Farm owes me $3. Not sure if it's worth the effort or not...

 

[gamefreakgcb]

Wow. A useful necro. I didn't even know about this site. Found a rebate Office Depot has but a typo in my address. Gonna see if I can get it out.

 

[dabuddha]

Thanks Anandtech hive mind! I went to the Texas Comptroller's website and was able to put in the request.

Found $28 owed to me by my old job!

 

[Babyshell12485]

They are more than likely a scam BUT their information on the company who owed me money and the dollar amount was TRUE.

I received a letter from them and it was for unclaimed funds on an old property insurance policy. I called the insurance company and they told me that I was actually owed the $301 that the my money monitor letter stated but they gave me an official state website to print and send a claim form to receive the entire amount. MMM wanted to give me $240 after their "recovery fees".

Bottom line, they may be a legitimate third party because they had all of the correct information about the $ owed BUT they just want the "recovery fees". My advice is call the company listed who supposedly owes you money and ask them how to claim it.
I also didn t feel comfortable sending them my SS # and drivers license but the official FL state claim form had the same requirements.

***If you are in the state of FL and an insurance company owes you money as in my case go to www.FLTreasurehunt.org. I know it has a funny name but it is the official state of FL unclaimed $ website and you send your claim form to the FL Department of Financial Services

 

[lupi]

Should be a hall of legends for a thread like this for the amount of necroes.

 

[Imp]

Is this a free iPad thread? I mean, I could never tell, not without being able to see post counts.