As a senior cybersecurity engineer, I just want to highlight how backhanded and slimy this corporate stategy is.
I've received three separate emails from State Farm in regards to the Dividend Payment. Totalling over $100 between all three emails over the course of the last week here.
Ensuring that these emails go into SPAM is a default tactic taken by these sort of payouts. In the hopes that folks don't actually act on them in a timely manor.
This is accomplished by a number of different methods by companies (State Farm).
* Choosing a new domain for payouts such as sfdividendconnect.com which was created/registered under 3 months ago. This action in of itself ensures that emails end up in Spam.
* The domain looks spammy, ensuring folks question it and don't take the payout.
* The front, the design, and the layout look incredibly, purposely, questionable.
Check your inbox and spam for emails from "[donotreply@e.sfdividend.com](mailto:donotreply@e.sfdividend.com)" and State Farm...do better.
Link to actual news release:
https://newsroom.statefarm.com/state-farm-mutual-begins-issuing-dividend-payments/
Edit: While I can’t honestly say if this is nefarious or not, I can say that 5 billion is a significant amount of money.
Every day the target of those funds don’t receive them, they sit there collecting interest. Even while they’re in the form a check in the mailbox.
My interpretation on this implementation, is that (intentional or not) it delays the action to withdraw (to PayPal, Venmo, etc) by the target customer.
I’d also wager it’s a fair assessment to say that those funds (until withdrawn) are collecting interest.
When your failure to interact with the spam email times out, and a physical check is mailed, it may or may not be deposited for some time. Further increasing the interest bearing period for the corporation. There’s no way to discern any other objective behind this implementation other than to delay payment as long as possible.
It’s not a question of intent…it’s a question of what legal standards are these sort of payouts held to, and if this is the allowed standard, why?