Louisiana treasurer warns of unclaimed property scam

Louisiana treasurer warns of unclaimed property scam

BATON ROUGE, LA (WAFB) - Louisiana State Treasurer John Kennedy issued a warning Monday for citizens to be on the lookout for a new scam involving unclaimed property.

"Letters are circulating that claim to be from the National Association of Unclaimed Property Administrators, or NAUPA," Kennedy said in a written release.

"The letters instruct people to purchase a Federal State Registration Stamp in order to claim a sweepstakes award that's ended up in unclaimed property.

The letters warn that the sweepstakes will be liquidated with the proceeds divided between NAUPA and a charitable organization unless money for the stamp is sent. This is a scam."

Kennedy added NAUPA is a legitimate organization and does not distribute unclaimed property.

If you receive a letter similar to what is described, you should contact the Louisiana Department of the Treasury's Unclaimed Property Program at 1-888-925-4127.

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