Hi Reddit,
With the slew of various financial scams that target older people, my grandparents (and the rest of our family) have been very wary of things that seem “too good to be true”.
But something strange just happened to them. Out of the blue, they received six $10,000 savings bonds in the mail from the Bureau of Public Debt (three in my grandmother’s name, and three in my grandfather’s name) that were supposedly purchased in October 2001. When they took them to the bank, the bank said they had matured to >$23,000 each and the money was deposited into their account.
My grandparents have no recollection of having purchased these bonds and are at a loss for how they could’ve forgot investing $60,000 in bonds. We’re also all very confused about why they’d just be sent in the mail when they’re worth so much money; what if they’d gotten lost or stolen? We would literally have never known they existed, and now we don’t know if there are other investments of theirs that they’ve lost track of.
Does anyone know of a way to determine the history of a savings bond/track where they came from? Does the Bureau of Public Debt really just send bonds to people in the mail? Why did they get them mailed to them when the bonds were 17 years old when they’re 30 year bonds?
Any insight would be GREATLY appreciated.
Submitted March 03, 2018 at 05:33PM by YourWhureMother http://ift.tt/2oNeXYJ
