Unclaimed Money Scams

Published: May 29, 2008 at 8:58 PM CDT|Updated: Jun. 17, 2008 at 1:35 PM CDT

With gas prices soaring towards $4 a gallon, it sure would be nice to find a little extra money. We've shown you how to find unclaimed money, but some out there want to take you for a ride.

Lots of people receive letters claiming you "have unclaimed funds in your name." Should you bite, or rip up the letter, and risk losing hundreds of dollars?

All you have to do is pay a fee to find that unclaimed treasure just waiting for you to claim it. But is it worth paying? Probably not.

Pennsylvania's Attorney General has filed suit against an unclaimed money website, saying it tells everyone they have missing funds. The AG's office plugged in the names Batman and Spiderman, and was told that both cartoon characters had unclaimed money, and could locate it for $29!

The reality is that you can check for missing money free of charge. Go to MissingMoney.com -  A free site sponsored by state treasurers. It will not charge a fee up front.

Click here to read Marsha Thompson's 3 On Your Side Report about unclaimed money in Mississippi.

To find out if you have unclaimed property:

Call (601) 359-3534

or visit www.treasury.state.ms.us

or www.nast.org.