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Is this a scam, received a letter from Payne Richards & Associates?

Posted on 11/25/16 at 3:25 pm
Posted by Emteein
Baton Rouge
Member since Jun 2011
3886 posts
Posted on 11/25/16 at 3:25 pm
Letter claims I have $1,900 in escrow for underfunded overcharges, all I have to do is agree to pay them 10% and they will retrieve the money. Seems very Nigerian Prince to me. Anybody on the OT seen this before?
Posted by shel311
McKinney, Texas
Member since Aug 2004
110828 posts
Posted on 11/25/16 at 3:28 pm to
Why would you have to pay 10% for them to give you your own money?

This post was edited on 11/25/16 at 3:29 pm
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 11/25/16 at 3:31 pm to
Absolutely not a scam and actually a good deal for 10%. I paid a 15% service fee for my underfunded overcharges
Posted by OweO
Plaquemine, La
Member since Sep 2009
113946 posts
Posted on 11/25/16 at 3:31 pm to
Its pretty obvious, but have you ever had any business with the company? If not, that should be another clue.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35088 posts
Posted on 11/25/16 at 3:32 pm to
I had overfunded underages so they had to pay me 10%.
Posted by TigernMS12
Member since Jan 2013
5531 posts
Posted on 11/25/16 at 3:35 pm to
quote:

Why would you have to pay 10% for them to give you your own money?


Do you work for free?
Posted by Broke
AKA Buttercup
Member since Sep 2006
65044 posts
Posted on 11/25/16 at 3:35 pm to
Check Louisiana Unclaimed Property to see what you have
Posted by Sterling Archer
Austin
Member since Aug 2012
7310 posts
Posted on 11/25/16 at 3:44 pm to
It's a real thing but they would be basically doing something that you can do for yourself. Each state has an unclaimed property website, go search your name in each state you've lived in to determine where the funds are from. Follow the steps and get your money without having to pay someone else $190
Posted by HogBalls
Member since Nov 2014
8589 posts
Posted on 11/25/16 at 3:47 pm to
If you have to ask....
Posted by Emteein
Baton Rouge
Member since Jun 2011
3886 posts
Posted on 11/25/16 at 4:38 pm to
I checked the state treasury web site, says I have unclaimed property > $100. It doesn't say what it's for specifically other than unclaimed property from 2011. It doesn't ring a bell, so I have no clue what it is for, just feel good to be getting something from the state rather having to give.

From this situation I think everyone should use this as a PSA to check the state treasury website, you might have something waiting for you. All you have to do is enter your name in the search field. I know this will be difficult for some on the OT but it's worth a shot. I will even do half the work for you click this for state treasury.
Posted by TechDawg2007
Bawville
Member since Nov 2007
32249 posts
Posted on 11/25/16 at 4:50 pm to
Posted by shel311
McKinney, Texas
Member since Aug 2004
110828 posts
Posted on 11/25/16 at 10:37 pm to
quote:

Do you work for free?



What does working for money have to do with overcharges?
Posted by richard westin
Member since Apr 2017
1 post
Posted on 4/8/17 at 1:51 pm to
I signed up and got what looked like a check to me from the KY State Treasurer. In fact it was a copy. Made out to me, but apparently PR pockeded the money. Bank rejected the "check" on grounds of being a copy. Payne Richards did not send the money to me. All very strange and embarrassing as to dealings with bank.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141905 posts
Posted on 4/8/17 at 1:52 pm to
quote:

Is this a scam
no but it is a payne
Posted by brgfather129
Los Angeles, CA
Member since Jul 2009
17099 posts
Posted on 4/8/17 at 1:59 pm to
quote:

underfunded overcharges,


Feels legit.
Posted by Walt OReilly
Poplarville, MS
Member since Oct 2005
124412 posts
Posted on 4/8/17 at 2:46 pm to
Doesn't sound like a scam
Posted by Spankum
Miss-sippi
Member since Jan 2007
56027 posts
Posted on 4/8/17 at 3:13 pm to
quote:

underfunded overcharges


and what in the frick exactly does this mean?...
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63312 posts
Posted on 4/8/17 at 3:35 pm to
quote:

I signed up and got what looked like a check to me from the KY State Treasurer. In fact it was a copy. Made out to me, but apparently PR pockeded the money. Bank rejected the "check" on grounds of being a copy. Payne Richards did not send the money to me. All very strange and embarrassing as to dealings with bank.


quote:

richard westin
Member since Apr 2017
1 post


Hehe. Your boy made a TD account just to comment in this thread about getting ripped off.
Posted by SamuelClemens
Earth
Member since Feb 2015
11727 posts
Posted on 4/8/17 at 4:05 pm to
Thanks! Found some $$$$
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 4/8/17 at 4:20 pm to
quote:

overfunded underages

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