State Treasurer Sattgast warns of scams, fees
PIERRE — State Treasurer Rich Sattgast is warning the public to check with his office before replying to anyone claiming they can assist in returning unclaimed property. While there are legitimate companies known as asset locators or finders who provide this service for a fee, others are scams.
Many South Dakotans are receiving letters from National Claimant Services stating that they have located dormant assets in their name.
Every state has an unclaimed property division and provides the service for free. The easiest way to check if you're owed money from the state is at http://www.sdtreasurer.gov/unclaimed-property/. You can search for your name or a business and receive a claim form online or call the South Dakota State Treasurer's office at 605-773-3379.