I recently received an email invitation to check out Bryan Bottarelli’s presentation about 940 million unclaimed checks from the government with an average check worth $1,379.
I wasn’t sure what it was all about as I had encountered many presentations before promising people “free” government checks only to end up being a disappointment or something else entirely.
So I decided to take a closer look at Bryan’s presentation and in this article, I will be highlighting the main takeaways from it to help you better decide whether this is something that would interest you.
No.1 recommendation….
Want to see my no.1 recommendation for making money online?
This made us 6-figures in the last 3 months:
Go here to see my no.1 recommendation for making money online
What is 940 Million Unclaimed Checks? (The Pitch)
Bryan Bottarelli recently released a presentation with the heading U.S. State and Federal Treasuries Required to Distribute 940 Million Unclaimed Checks.
He used it to both promote his new investment advisory service, Trade of the Day Plus, and alert his viewers about an important issue that may affect them; the scourge of monies owed to them by the government (both levels) that remain uncollected.
Before we go any further, I should clarify that when he talks of unclaimed checks, it is not related to the Trump Bonus Checks presentation put out by Mike Burnick.
Going back to the presentation, Bryan claims that the government owes people money that usually goes uncollected due to technicalities.
This includes things like tax refunds, security deposits, insurance benefits, bill overpayments, utility refunds, and any other monies that people forget to follow up on for one reason or the other.
The amount involved is staggering, to say the least. To quote him:
“After pulling together all the state and federal data, we estimate that $1.29 trillion is ready to be distributed to regular Americans like you and me.”
I cannot ascertain that this figure is correct because I have no idea where he got it from, but the fact remains that people sometimes don’t follow up on money owed to them by the government and its agencies.
It is important to note that this has nothing to do with the federal government’s stimulus plan, which, coincidentally, involves $1,200 checks.
The important question to ask here is: if this money has been lying around in the public coffers, why do we never hear about it?
Bottarelli has this to say about it:
“With $1.29 trillion up for grabs, why haven’t I heard about this money held by the government before?
Have you ever reached into your jacket pocket and found a $20 bill from the last time you wore it?
It’s like that… but on a massive scale.”
To be honest, that explanation is unsatisfactory, but we move on.
Recommended: Go here to see my no.1 recommendation for making money
What about MissingMoney.com?
The government already has a mechanism for tracing money and other lost assets on MissingMoney.com. However, Bryan says that it is ineffective and usually fails to trace the money 91% of the time.
Here is what he has to say about it:
“A few years ago, the feds started a website to help people search for their Unclaimed Checks.
It’s called MissingMoney.com…
But I don’t recommend visiting the site because of its one MAJOR flaw.
Here’s what typically happens…
You type in your name, city and state…
Then press the “Search” button…
And… no results come up.
Or maybe the page FILLS with thousands of wrong results…
Here’s why the results are so poor…
MissingMoney.com searches only a tiny fraction of the total checks available…”
Instead of visiting it, he proposes that you use his method, which is explained below:
Recommended: Go here to see my no.1 recommendation for making money
How to check whether you are entitled to a government check
Bryan states that if you want to find out whether the government owes you one of these checks, you should follow a three-step process:
- Search for your name on the list of 940 million unclaimed checks (he shows you how to do that)
- Fill out one page on the government website to verify your ID
- Submit the form (or mail it if it is a physical form) and wait for the response.
Once the government verifies that you are due to receive money, it will send you a check in as early as one week.
But there’s one other detail: before you go through that process, Bryan has a list of questions that you should answer to determine whether you are likely to be owed a check. It looks like this:
If you answer “yes” to two or more of those questions, you should proceed to look for your name on the list of unclaimed checks.
Bryan says that the more boxes you answer “yes,” the higher the probability you will receive a check.
What does this have to do with investing?
Although it may seem like Bryan is only innocently helping you to search for your lost money, he has something to gain from all this: He wants you to subscribe to his new advisory service.
But where is the connection?
First, you have to sign up for the newsletter for him to show you how to find the database where you will search for your name.
After he has helped you find your unclaimed money, he wants you to follow his advice on how to put it to work i.e. investing it.
You can only get that advice from his advisory service.
Recommended: Go here to see my no.1 recommendation for making money
Who is Bryan Bottarelli?
Bryan Bottarelli is an investment guru and a well-known newsletter editor. He is best known for being one of the co-founders of Monument Traders Alliance, from where he runs an investment forum called The War Room.
The War Room is a trading platform that enables Bryan to send his subscribers live investment recommendations during the trading day.
Bottarelli graduated from Indiana University’s Kelley School of Business with a business degree. After graduating college, he was hired to trade stock options on the CBOE trading floor where he worked under some of the nation’s top floor traders at the time.
As the technology boom unraveled from 1999 to 2000, he was actively participating in the market as a trader. He learned crucial lessons during that period, which he lives by to this day.
He now shares investment insights with his readers through the aforementioned premium services as well as free resources like the Trade of the Day e-letter.
Recommended: Go here to see my no.1 recommendation for making money
What is Trade of the Day Plus? (The Newsletter)
Trade of the Day Plus is the newsletter Bryan was promoting with the elaborate presentation about unclaimed checks.
He promises to send you a free physical copy of a book called The Big Book of Missing Money (written by Mary Pitman who is famous for helping people find their unclaimed money) if you sign up for Trade of the Day Plus.
In addition to the free copy, as a subscriber you also receive:
- A subscription to Bryan’s free e-letter, Trade of the Day. You receive an email an investment recommendation every trading day.
- Every Wednesday, he sends you an email with a video of him picking a trade for the next day. He shows you when to buy and when to sell.
- Exclusive access to the members-only website where you can access all previous special reports and back issues.
- A bonus report called 5 Trading Secrets to Win Every Day in the Markets.
How much is the subscription fee for Trade of the Day Plus?
The annual subscription fee is $59
Does Trade of the Day Plus offer Refunds?
Chris offers refunds in two scenarios:
- If you use his method of finding unclaimed checks but your name doesn’t pop up.
- If you decide to cancel your membership anytime during the year, for whatever reason.
Recommended: Go here to see my no.1 recommendation for making money
Closing Remarks on 940 Million Unclaimed Checks
After watching the 940 Million Unclaimed Checks presentation and analyzing it, here are the takeaways in brief:
- State governments and federal governments hold up to 940 million checks, adding up to $1.29 trillion, in unclaimed checks owed to American citizens. However, not everyone is owed a check and you have to clarify that first.
- This money is not part of the stimulus plan or some other government scheme. It comprises of money mistakenly left unclaimed often due to some technicality. This money can be in the form of unclaimed tax refunds, security deposits, insurance benefits, bill overpayments, utility refunds, just to mention a few.
- The government put up a website to help people trace unclaimed money but Bryan says that it is ineffective. According to him, it fails to spot 91% of all legitimate claims.
- Bryan Bottarelli has teamed up with Mary Pitman, an expert at tracing unclaimed checks and writer of the book The Big Book of Missing Money, to help people find their lost money.
- The catch is that you have to subscribe to Bryan Bottarelli’s newsletter, Trade of the Day Plus, for him to send you a free copy of Mary’s book and help you trace your lost check if you are entitled to one. Then, he will send you investment recommendations to help you make money off of that check.
Before you go…
Want to see my no.1 recommendation for making money online?
This made us 6-figures in the last 3 months:
Go here to see my no.1 recommendation for making money online