Other product and company names mentioned herein are the property of their respective owners. Meridian was founded in 2003 and became part of the MarketSphere family in 2019. MarketSphere built and delivered integrated solutions for enterprise resource planning (ERP), enterprise performance management (EPM), and business intelligence (BI) technology platforms, which helped clients streamline operations and optimize business performance. Wait a sec, the first part of the letter says that po box is Microsoft, now it is Marketsphere? by Rob5TCP Thu Sep 10, 2015 10:56 am, Post by ulrichw Fri Aug 29, 2014 1:42 am, Post With an extensive depth of experience and a consultative, cost-effective approach, MarketSpheres professional advisors evaluate client needs and specific conditions and plan innovative strategies to fit each companys unique circumstances. Verify how to claim your money. Scam alert: BBB warns fake unclaimed property letter may look real, but don't fall for it Scam alert: BBB warns fake unclaimed property letter may look real, but don't fall for it. So crooks take advantage that there really is such money out there.. MarketSphere Unclaimed Property Specialists Business Consulting and Services Overland Park, KS 670 followers Just Right Compliance Solutions Follow View all 43 employees About us Since 2002,. You should at least try that. 660 North Main Avenue, Suite 100, San Antonio, Texas, 78205, USA, Customer Service:Phone:+1 210 224 6406Fax:+1 210 224 6038. This review involves the performance of statutory due diligence to resolve and/or reactivate accounts, a final reconciliation of accounts, the filing of unclaimed property reports, and delivery of the property to the state(s) in accordance with each states particular requirements. MarketSphere was there at the initial launch of H-Card, doing business as Hap-X. Unclaimed Property Research & Analysis American Red Cross Jan 2020 - Feb 20222 years 2 months Disaster and Humanitarian Relief Researched, found and helped American Red Cross claim & recover. Wow! Every state, including the District of Columbia, and the territories of Guam, Puerto Rico, and the Virgin Islands, has an unclaimed property law that requires businesses (holders) to report unclaimed property to the states/territories after a certain period of absent owner activity, which is known as the dormancy period. Is a Debt Consolidation Loan Right For You? EMMsphere provides marketing technology implementation and managed services for some of the largest companies in the world. Why in the world would Microsoft own you money, usually its the other way around. MarketSphere Unclaimed Property Specialists. The company claims that they'll do a 'search' for free, and that you don't have to pay them anything until they've found your money. Green Cards and Permanent Residence in the U.S. U.S. Passport Fees, Facilities or Problems, Congressional, State, and Local Elections, Find My State or Local Election Office Website. Policies and procedures should be reviewed and updated on a regular basis. If this happens to you, hit pause. Other Resources What is Unclaimed Property? Simply go to MissingMoney.com and type in your name to do a. If you forget to cash a paycheck, overpay a utility bill or leave behind a security deposit, to name a few examples, that money eventually gets handed over to the state if you can't be found. "We're working to ensure that our tools to monitor and catch these bad actors stay up to date.". Launched in 2003. Little did I know at the time how much of an accounting background was needed to fully understand my job duties while working with MarketSphere. A locked padlock In addition to Michaels team centric approach, he has proven himself as an innovator that is continuously seeking new ways to better service our clients. Meridian has extensive experience delivering products and solutions to help clients make more effective business decisions in a wide array of industries. A .gov website belongs to an official government organization in the United States. MarketSphere built a marketing technology business focusing on improving processes and implementing technologies that enable marketing operations. Learn about careers at Cox Media Group. my issued check is also from microsoft and the amount is $270.00. It was one of those middlemen companies that charge you for something the government does for free, in this case give you back unclaimed property. MissingMoney is a FREE and SECURE website endorsed by the National Association of Unclaimed Property Administrators (NAUPA) to search for and claim financial assets that have become inactive and turned over to state unclaimed property programs as required by law for safekeeping. Or a poorly run company? States are permitted to enforce a holders compliance with the unclaimed property laws and have increasingly done so with creative methods that go beyond the conventional unclaimed property audit. However, there is variation even among the RUUPA states. In this case, I know better. There can also be additional fines of anywhere from $1,000 to $25,000. Once the property is reported and delivered to the state, the owner must contact the state to reclaim the property. In conjunction with the acquisition, the Hap-X platform is now known asGHX ePay. Unclaimed property scams are increasingly common. California's Unclaimed Property Law requires banks, insurance companies, corporations, and certain other entities to report and submit their customers' property to the State Controller's Office when there has been no activity for a period of time (generally three years). How to build credit with no credit history, How to remove fraud from your credit report. If think you may have unclaimed money or property waiting for you, you can check online through free websites and state databases. That way, you won't lose cash or risk having your identity compromised when trying to claim the property. Steffansrecently served on the Board of Directors in the Unclaimed Property Professional Organization (UPPO) from 2017-2022, most recently as the Immediate Past President from 2021-2022. You can also call the IRS to check on the status of your refund. In 2014, MarketSphere merged its marketing business with EMMcare, a global leader in marketing technology managed services, and formed EMMsphere. David not only brings that similar passion, but with Davids 20+ years of experience working with state administrators as both an auditor and client advocate, he is well positioned to help our clients navigate the challenges of identifying and recovering unclaimed funds.. The letterhead looks official and even the website is convincing, butHutchison saidthe letter is the work of a scammer. Launched in 2002 and sold to Grant Thornton in 2013. Don't enter personal info like your SSN, email or phone number. "Remember that state unclaimed property offices do not charge anything for searches or to facilitate claims," Lobell says. Hutchison toldWHBQthat someone faxed him a document earlier this month claiming to be an attorney in Canada named Manfred Whiteman. It is crucial that holders review all lines of business for potential unclaimed property and perform annual self-reviews to look for areas of potential exposuresuch as outstanding accounts payable checks, customer credit balances, unidentified ACH remittances, or gift cardsparticularly after a merger or acquisition and take the necessary steps to remediate and minimize further exposure. We show a summary, not the full legal terms and before applying you should understand the full terms of the offer as stated by the issuer or partner itself. About MarketSphere Unclaimed Property Specialists. The state to which the holder must report the unclaimed property is determined in accordance with the priority rules, first articulated in 1965 by the United States Supreme Court in Texas v. New Jersey (379 U.S. 674, 677 (1965)). It is due to these reasons, and many others, that we are excited to welcome him to the leadership team., Bill Berger Director, Owner Reunification Services Practice Leader. Additionally, David served as a Managing Director at Kelmar for over a decade overseeing general ledger unclaimed property examinations and compliance services. Property must be dormant for the duration of the dormancy period before it becomes eligible to be reported as unclaimed property. chevron_left Home Error. We have tools and processes in place to find UP being held by. Michael understands and maintains the humility that success is not something that is created by an individual but by a team. said Jon DAmato, MarketSphere Managing Partner and Unclaimed Property Practice Leader. Copyright 2023 MarketSphere Unclaimed Property Specialists. As the nation's leading specialists in unclaimed property compliance and management, we use expertly tailored technology, managed services, and an innovative, collaborative approach to take the uncertainty out of escheatment and reduce the risk of non-compliance. Many states also require an affidavit from the holder affirming compliance with the states due diligence requirements. Senior Manager, Asset Recovery. Unclaimed property can include many things, including cash, checks, money orders, security deposits, or the contents of safe deposit boxes. Offer pros and cons are determined by our editorial team, based on independent research. The offers on the site do not represent all available financial services, companies, or products. by fuzz Thu Sep 10, 2015 9:43 am, Post Penalties for noncompliance with unclaimed property reporting guidelines can be severe. MarketSphere Unclaimed Property Specialists, providers of advanced unclaimed property solutions, welcomes David Phipps as the companys new senior manager of corporate asset recovery solutions. If you think you may be owed back wages from your employer: The VA may owe money to current or former policyholders or their beneficiaries. While a certain property type may be subject to reporting in one state, other states may exempt it (i.e., gift cards). by skepticalobserver Sun Sep 07, 2014 2:54 pm, Post They may promise to reunite you with a large sum of money or some other asset, such as a car. Prepare, Defend, and Close an Audit. Ask a real person any government-related question for free. Nov 18 Unclaimed Property Legislative Updates in Washington and Maryland unclaimedpropertyspecialists.com Anyone could be victimized by a scam like this, butas with most scamsthe elderly are at a high risk of being targeted for their information, Lobell says.