Should you be wary when you receive a letter with this title? You bet. We urge extreme caution when responding to letter or e-mail notifications you receive indicating you have been awarded a claim. In many cases, these are scams. You receive the letter notifying that you have won a drawing or lottery for usually a few thousand dollars - and a check along with it or another mailing shortly thereafter with a check.
It is important that you not deposit the check or take this award seriously. It may look legitimate, but in many cases it is not.
Usually after you receive and deposit the check, another e-mail or letter follows saying you need to send back some or all of the money for one reason or another. The crooks have it timed out so that the request to send money back comes to you before the check you deposited has had time to be returned non-sufficient funds. If you should fall prey to this type of scam, you will be out the money that you sent back to the addressee.
Remember the old saying, "If it sounds too good to be true - it probably is."
Patti Gramentz, Account Operations Specialist