Entitlement retrieval companies

[bishbashbosh]

just remember because a business is registered with ABN's and what not it does not mean they are legit - Its pretty easy to do - Before anything i'd call consumer affairs and run this by them first - I have heard that these are scams in the past and you'd not be charged to locate lost super etc.

[jff45]

Clearly, some of you have never heard of Entitlement Retrieval services.
A company of chartered accountants who are registered with ASIC since 1994, have a valid ABN registered since July 2000 - date at which GST commenced - and who include a reply paid envelope back to their registered address so you can supply a copy of a utilities bill to prove connection with your address and proof of identity.
They don't ask for money up front or bank details, etc.

Then a 2nd totally unrelated company who also checks out as valid sends the same thing for exactly the same unclaimed amount. Also reply paid envelope, etc..

Please explain where the scam is..

[jff45]

Thanks Evil Twin for the reply I was requesting.
I've searched all the databases I can find but nothing shows up. If it was easy to find these guys wouldn't be sending me letters looking for commission to get it.

I think I'll just ring them and see who'll take the lowest commission..

[rkinsey]

Clearly, some of you have never heard of Entitlement Retrieval services.
A company of chartered accountants who are registered with ASIC since 1994, have a valid ABN registered since July 2000 - date at which GST commenced - and who include a reply paid envelope back to their registered address so you can supply a copy of a utilities bill to prove connection with your address and proof of identity.
They don't ask for money up front or bank details, etc.

Then a 2nd totally unrelated company who also checks out as valid sends the same thing for exactly the same unclaimed amount. Also reply paid envelope, etc..

Please explain where the scam is..

Excuse us...... You may have mentioned that bit of info in the first place........................

[Bloodyaussie]

He pretty much did... John was never asking if legit only if anyone has had experience with this sort of thing.

[BigRAWesty]

Just looked at that government site..
Easy as. Just got the father inlaw a whopping $22

[the evil twin]

Just looked at that government site..
Easy as. Just got the father inlaw a whopping $22

Nah mate... that $22 is made up of;
Commish to you $4.40
GST on commish $0.45
Witholding Tax @ 45 cents $9.90

So he only gets $7.25

[bishbashbosh]

and "clearly" you have never heard of these companies being set up to scam people.

asking if you have had "experience" with something opens it up to peoples "experiences".. which in turn opens it up to people sharing their thoughts..

the OP states that "I've researched about unclaimed money and tried all the suggested searches and nothing turned up. Anyone had experience with these types of companies?"

thus people sharing their thoughts.. but next time i shall not bother and let you piss in the wind!

[Agronaught]

I've also been the victim of identity theft and wound up losing ~$50K before it was brought to an end. Now I don't share a thing with companies, cold calls are met with a cold shoulder.

Could be legit, I would make sure they are real with bricks and morter behind them before sharing an address etc.

J.

[mudski]

... should have suggested you give ASIC https://www.moneysmart.gov.au/tools-...d-money-search a try just because it holds any money from demutualised shares, dividends, old bank accounts etc.
It was several years ago since I was dealing with them but at the time the search engine on their site was pretty good.

We got two hits for family members straight away.

Lol. I just tried that link ET and my wife is owed a massive $5.