theirstaxblog.com

The name Bona vacantia , in England, stands for ownerless property that has passed to the crown. This has various names in other countries. In the United States it is simply unclaimed property that goes to the State where it occurred or, in some cases, to the government. If you know about the goods and can prove you should have them they can be recovered.

Almost any item of worth can be considered ownerless goods such as, abandoned checking accounts, real estate, or even jewelry Many times a person passes on without a will or designation of where the items are to go. These ownerless goods or in some cases money, are then taken charge of by the state or government but can be reclaimed by the person who owns them or by someone who can prove they are the rightful.

Since this type of thing happens all the time, scam artists have used the possibility of this situation to their advantage for a long time. There are people out there who would be very receptive to the idea of receiving property or funds from a relative they didn't know about. Everyday people fall into this trap and are ripped off by con men every day with the lure of money from nowhere.

These unclaimed properties or moneys are not kept secret but advertised in the local paper, or via a website and they may request some basic personal information such as a full name or possibly relatives names and that information is checked against the database to see if there is property for the inquirer. You might even have to enter names of family members.

If there are unclaimed goods or funds matching the name of the person inquiring then they are contacted and more details will probably need to be submitted. You won't be able to contact a real person in this process, doing all this through email. A person aware of this information will not be taken in by a scam.

The Bona vacantia, or unclaimed funds, scammer selects names at random from telephone books, e-mail spyware, or anywhere the person’s name is published. The victim is then contacted by e-mail or letter and told they are heir to money that has been unclaimed. A simple glance won't usually reveal these communications to be frauds because the con men take pains to make it look as if the letter were from a government or state agency.

The next step is when the victim responds to the communication they will be asked to give their contact details and usually a phone call will be made saying the goods are available but there are expenses or fees that must be paid before it can be released. Many times, other money requirements and this ends up with the person contacted losing quite a bit of money without receiving anything in return. cell-registry.com/646/577/

Over any other form of payment a bank draft is considered the best by ripoff artists. A personalized bank draft from the victim opens them up for even worse scams and their name, home address, bank account number and sometimes even driver's license number become available to the con men. Sending a personal check to a con artist can result in identity theft. Absolutely avoid these correspondences if you can, but if you do want to investigate these claims, consult the appropriate government agency to check up on them.

Tags: bona vacantia, fraud, ownerless property, scams