312-587-0428

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.

Any further information on this company?

Charles, if this is not a scam why would two men (one by the name of Beck Battle) go to my fathers house a 3:00 pm and tell him that he has an inheritance of 37,000. They tell him they wll return with some documents to sign. They then come back at 6:00 pm he signs (against my will) this document supossedly from PG County Treasury Division and they tell him he will get a check in 7 to 10 days. They picked hime up and took him to staples to make copies of the document I have yet to see.

My question if this is not a scam, why didn't they have the paper work with them. Why was there two men showing up at 6:00pm at night? Why does he need to cash a check and then provide your company with a finders fee of 20%? Why are you saying he inherited money from someone who has been dead for over 30 years? Why didn't he receive official documents from the County?

He works locating people for a debt collector, like a private detective

Charles Demes
Name: Capital Recovery III
Phone: (312) 587-0428
Fax: (312) 587-1048
Address: 1715 N North Park

Chicago, IL 60614-6372
Yahoo Map
Original Business Start Date: January 1991
Principal: Mr. Charles J. Demes, Owner
Customer Contact: Mr. Charles J. Demes, Owner - (312) 587-0428 or cdemes@aol.com
Email Address: cdemes@aol.com

This is who he really works for:

Name: Capital Recovery Systems
Address: 1448 E. 52nd Street
P.O. Box 240
Chicago, IL 60615
Original Business Start Date: December 1989
Principal: Ms. Yvonne Mcmillan, Owner/President
Customer Contact: Ms. Yvonne Mcmillan, Owner/President
TOB Classification: Collection Agencies

It is very easy to post information (above) without knowing the facts.  We are not a debt collection agency.  We are the exact opposite.  We locate unclaimed assets (eg inheritances).  My suggestion is to call me directly to discuss our proposal rationally.

if you are who you really are i would really like to no why after 21 years of my mother being passed away you now contact me i have called you twice so you can contact me so it will ease my mind and we can dicuess this matter my number is on your voice mail

I have tried contacting you on several occasions in reference to my fathers inheritance.  You have not responded, if you are saying that you are not a scam artist then why are you not returning people phone calls including my lawyers who have tried to contact you.

I find this strange..

They have found an asset, but they charge you a fee to find the asset???

Hmmmmm..............

I have gotten phone call after phone call with an undecipherable message.  My ex-husband and two grown children have been contacted over the past year ... I've lived in the same house for over 20 years.  Why has it been so hard to find me?  

No one close to me has passed on since 1991.  I would have no clue what "asset" might be mine.

I cannot comment about Capital Recovery specifically, you should contact the Chicago area BBB for that.  But the business he claims to be in is a legitimate one.  They locate unclaimed funds, contact people who may have claims on them, and process the paperwork to claim the funds.  These funds may be an inheritance, refunds from pretty much any source, litigation, etc. that were not claimed for whatever reason.  One of the major sources of a large amount is a pension fund, which you may not have been aware of if the intended recipient died before retiring.
These companies tend to overcharge, but it is a real service.

I had a charles call a phone number that we have not had since 1994 in a different city and the person who now has the number found me and relayed the info to me. The number was different it was 312-440-9884 which is in Chicago just like the Charles Demes. The name on the caller ID was Kristin Reyna I believe. I have been sent a letter by Charles Demes and so has my sister been sent one looking for me. I wanna know why, If this is real, they are trying to find me not my family or something. I'm thinking Debt collector wait maybe i should say, someone trying to find me and my info so they can pass it on to a different company, lol. Or it has to be a scam. I am going to look into it and will post a follow up.

I received a letter " Recovering Unclaimed Assets, the person identified to be looking for has been deceased since 1983, and I'm very aware there where not any assets to be left, since I was a grandchild. Like the above stories, this is either a scam or a dept collector. One other issue to mention, I have only been in my current location for 2 years. The secret to avoiding these types, if you can avoid applying for CREDIT of any kind, DON'T APPLY ! The collectors check your social security to obtain any new address

I RECEIVED A LETTER FROM CHARLES DEMMES CAPITAL RECOVERY CHICAGO,IL ASKING FOR HELP CONTACTING A FAMILY I HAVE NEVER EVEN HEARD OF. THE ADDRESS IN THE LETTER HAS BEEN A VACANT HOUSE SINCE MOVED HERE. SMELLS LIKE SOMETHING IS ROTTEN IN DENMARK! SCARY!!

I continue to get calls from Charles Demes about some inheritance owed to my deceased father.  Has anyone donw business with him.  Is he legite?

this guy charles demes is connected to a mafia syndicate he locates people for hit men and debt collectors,loan sharks he is bad news stay away

IT'S TOBAD WE HAVE  MR CHARLES DEMES DONT HAVE ANYTHING TO DO WITH HIS TIME, ALL HE CAN DO IS SEND OUT SICK LETTER'S TO OTHER'S AND GET THERE HOPE'S UP ON SOMETHINGS THAT IS NOT TRUE ITS ALL A SCAM SO IF YOU GET A LETTER FROM HIM TURN IT IT TO YOUR POST OFFICE''''' THEY LOVE LOOKING IN TO THESE SCAM'S ARTIST'S ( WHAT A JOKE )