This is Charles Demes. My services are not at all related to debt collection; nor is this a scam. By law, a debt collection agency must disclose up-front that they are attempting to collect a debt. Our company is NOT a debt collection agency. There are two other companies (Capital Recovery Corporation and Capital Recovery Collection Solutions) that are debt collection agencies, but we are not affiliated with these companies. We are a legitimate asset recovery company and have received an “A” rating (the highest awarded) from the Chicago Better Business Bureau (http://www.bbb.org/chicago/business-reviews/f ... ago-il-86001836).
With respect to scams, scams are based on money up-front. My proposal is based on a contingency which means our fee is extracted from the recovered funds. We are only paid if we are successful in recovering the funds for the beneficiary.
My company locates unclaimed assets, e.g., inheritances. These are moneys that were never recovered by an individual because they either did not know the money existed or because they passed away (and I am therefore trying to contact next of kin). If you doubt my claims, you can get references from some of the thousands of clients for whom I have helped recover money over the 20 years I have been in the business. My company is also a member of the Chicago Better Business Bureau--a watchdog organization that screens companies for exactly the types of scams you are worried about.
If I, or anyone from my company, have ever contacted you it is because we have found a legitimate asset that you (or your family) have legal claim to. We charge a fee that covers finding the asset, finding the individuals who can legally claim the asset (which can take months of work), and legally processing the claim in this highly specialized field to win these cases so the money goes to our clients and not the many creditors that can also lay claim to these funds. Each case can take months or years of work, but in the end, you and your family get a check for the agreed upon amount. If we cannot secure the money for whatever reason, we don't get paid. In other words, if you don't get paid, we don't get paid. Please contact us if you have any further questions about our services, or visit our website www.capitalrecoveryllc.com
Thank you.
Googled number that was in caller ID and the name "Chales J. Demes" comes up along with that of a company called "Capital Investment", which is at the same address in downtown Chicago. Voicemail identifies caller as same, and claims that he is looking for descendents of my father, who passed away almost 4 years ago - each time I have tried to call back, I get a voicemail that he "isn't in the office today". I do not know if my father invested with him or not, but Dad never lived or worked in Chicago. I have no idea why this person is trying to reach me, and he was also trying to contact my brother, who died in July 2006.
I received a letter from Charles J. Demes of Capital Recovery, then e-mailed him and stupidly gave him my cell-phone number. When he called, he said he was trying to get in touch with my nephew whose father, my brother, died 3 years ago, that he had uncovered a "substantial inheritance" for my nephew. This is either a debt collector or a scam.
I too got a letter re an "inheritance" (of which I know there is absolutely no possibility). Charles J. Demes of Capital Recovery can not be anything other than a debt collector/scam artist.
Thank-you to the above posters for getting the information out.
This is Charles Demes. My services are not at all related to debt collection nor is this a scam. By law, a debt collection agency must disclose up-front that they are attempting to collect a debt. Our company is NOT a debt collection agency. With respect to scams, scams are based on money up-front. My proposal is based on a contingency which means our fee is extracted from the recovered funds. We are only paid if we are successful in recovering the funds for the beneficiary.
My company locates unclaimed assets, e.g., inheritances. These are moneys that were never recovered by an individual because they either did not know the money existed or because they passed away (and I am therefore trying to contact next of kin). If you doubt my claims, you can get references from some of the thousands of clients for whom I have helped recover money over the 15+ years I have been in the business. My company is also a member of the Chicago Better Business Bureau--a watchdog organization that screens companies for exactly the types of scams you are worried about.
If I, or anyone from my company, has ever contacted you it is because we have found a legitimate asset that you (or your family) have legal claim to. We charge a fee that covers finding the assest, finding the individuals who can legally claim the asset (which can take months of work), and processing the claim in this highly specialized field to win these cases so the money goes to our clients and not the many creditors that can also lay claim to these funds. Each case can take months or years of work, but in the end, you and your family get a check for the agreed upon amount. If we cannot secure the money for whatever reason, we don't get paid. In other words, if you don't get paid, we don't get paid. Please contact us if you have any further questions about our services. Thank you.
I to recieved a letter from Mr.Demes of whom I never heard. Telling me about an inheritance that i may be in titled to. being sceptical of this situation i contacted him by phone and was met by his answering machine so i left a message. He did call me back and I asked several questions to which he did answer.I am still leary of this venture and have more questions. I would like to hear from some of the people that have been helped by him. and maybe even speak with them. there are so many scams geared toward people without a lot of knowledge about these things. Please help to ease my mind with the truth.