Utah State Treasurer David Damschen today warned Utahns about scam website NeverClaimed.com – which requires users to pay fees up to $29.99 per month to identify, claim and obtain missing personal property held for safekeeping by the Utah Division of Unclaimed Property.
The Utah Division of Unclaimed Property charges no fee for Utahns to identify, claim and obtain their missing property. The scam website is in no way affiliated with the State.
“This scam website has users search for their name and then charges fees for results and processing – which is an absurd abuse of the free nationwide Unclaimed Property system designed to reunite Americans with their lost funds and property,” said Treasurer Damschen. “While I have no authority to drive this scam website off-line, I do have the ability to warn Utahns to stay away from Unclaimed Property sites that charge fees to unsuspecting constituents.”
The website also provides outdated (often over three years or more) information regarding Utah properties and little more than a link to the website provided by the Utah Division of Unclaimed Property.
“Perhaps you moved and forgot you had a deposit with the utility company or overpaid at the eye doctor years ago. Companies can’t keep your money and by law those funds go to state’s’ unclaimed property agencies for safe keeping until reclaimed,” added Treasurer Damschen. “Checking to see if you’ve lost property is simple and easy – just search at mycash.utah.gov. It’s something we ask every Utahn to do — and doing so is always free.”
In Utah, lost and abandoned property is searchable at mycash.utah.gov or by calling 801-715-3300. Utah’s Unclaimed Property Division currently safeguards over $375 million in unclaimed property. Along with all states across the nation, Utah adopted the Uniform Unclaimed Property Act (1956) – ensuring abandoned or lost property of its citizens is turned over to state government – not kept by companies, employers, service providers and others. Examples of such property included uncashed payroll checks, dormant bank accounts, overpaid bills, security deposit boxes and more.
