SCARS Institute's Encyclopedia of Scams™ RomanceScamsNOW.com Published Continuously for 25 Years

SCARS Institute’s Encyclopedia of Scams™ Published Continuously for 25 Years

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Money Recovery – What Is Real & What Is Not! [UPDATED]

A SCARS Insight

What Is Real & What Is Not! [UPDATED]

This article is going to force you to look at some very blunt and harsh truths …

Money Recovery Services Are Not All Real – Most Are Not!

Scammers know you. They know that when you are the victim of a Romance Scams and lost money that you are going to be desperate to get your money back – to recover it.

The problem is that once it is in the scammer’s hands it is gone for good! Unless there is an option to get it back

Unfortunately, there are very few options!

It will be laundered or hidden or invested in other things. Even if the scammers are arrested in Nigeria, or Malaysia, or the Philippines, or wherever – the local governments will keep any money they seize.

LAST YEAR – 2020

Over 67,000+ scammers were arrested worldwide. However, none of their victims received hardly any money back. It was mostly kept by the agencies and governments that arrested them.

Holding Out Hope Is Natural But Not Always Real

Holding out hope of recovery is natural. During the early stages after your scam, you are desperate, you have not yet fully accepted what has happened to you. There must be someone that will help you, someone that will save you! The police must be able to do it and then you find they (in most cases) cannot. You then turn to groups online to save you – someone must know how to do this, but they don’t.

Arrests are possible in specific cases but money recovery almost never is unless it is done by someone fully verified. It is just something you have to confront and accept for your own sanity.

It is just not real in most cases. It is just like the hope that you had when you believed the romance scammer’s stories and lies about your future together.

Being Scammed Again And Again

Scammers know that if you were scammed once that you are highly susceptible to being scammed again and again. The information about victims are placed on lists that are bought and sold from scammer group to group just like telemarketing list. They know that if they can hit you at the right time with the right pitch you will give them more money.

Money Recovery scams are just another type of scam that scammers push down onto unsuspecting victims on their list.

After a romance scam, scammers will frequently try additional scams, such as:

  • Investigative scams to get your money to investigate and arrest your scammers
  • Money Recovery scams to help you get your money back, and others.

But they are just scams.

SCARS does not recommend any companies that can get your money back reliably.

There are almost no victims that ever get their money back. Notice that we did not say never, because in simple fact some victims did get their money back, but it is pure luck.

Western Union and MoneyGram

Yes, the United States Federal Trade Commission has settled with both of these companies to refund money back to victims. This is real and ongoing. The Western Union Program is refunding money to victims who lost money before February 2017, and MoneyGram is still pending.

In these programs, you had to or will have to apply for the refund and they will be managed by designated law firms. You will find information here on our website or on the www.FTC.gov website about these programs.

Remember, there is no cost to apply for or receive your money under these FTC programs.

Money Recovery Scams Constantly Pop Up

From time to time we see posts and comments from scammers or their Mules making it look like it is easy. You just hire a company and magically your money is returned making you whole again. You pay a $1,000 or more and poof, instant recovery, except it is just another lie from a scammer. This is a fantasy. All it is is yet another way to scam you out of more money when you are most vulnerable.

IS MONEY RECOVERY JUST ANOTHER SCAM? YES & NO!

Here Is An Example Comment From A Scammer About Money Recovery:

I have an advice to you all, STOP BEING A VICTIM TO ALL THIS ROMANCE SCAM. I am saying all this because i was once a victim to a romance scammer who played with me emotionally and ended up making away with my $125,000 in sum. I was so confused on what to do until my boss referred me to a recovery agency. They helped me get my lost funds back. Thanks to kingrecovery01 at gmail dot com who guided me step by step until i got all my money back

Scammers buy and sell lists of victims for exactly this purpose (or worse). Please do not fall for this!

We Cannot Stop You From Believing In Yet Another Scam!

After all, just look at how many victims join fake or amateur anti-scam groups on social media.

We can only present the factual information in the hope that you have learned enough to recognize the truth when you see it.

We hope you do!

We wish you all the best and hope you do not fall for another scam or hold out the delusional hope that somehow someone is going to save you. The world just does not work that way.

At this stage what you should focus on is your own emotional recovery and that requires acceptance of what happened and what your situation really is. We can help you with that, just let us know – we offer real professional SCARS Approved Scam Victims’ Assistance and Support Groups.

THERE IS NO GOOD NEWS

Previously, SCARS was working with a real money recovery business to help victims, but because of the pandemic, they appear to have gone out of business. If you paid any money to a recovery business and they did not perform demand your money back, and if that fails contact the State Attorney General’s office to obtain help.

Always Report All Scams – Anywhere In The World To:

Go to reporting.AgainstScams.org to learn how

U.S. FTC at https://reportfraud.ftc.gov/#/?orgcode=SCARS and SCARS at www.Anyscams.com
Visit reporting.AgainstScams.org to learn more!

TAGS: SCARS, Information About Scams, Anti-Scam, Scams, Scammers, Fraudsters, Cybercrime, Crybercriminals, Romance Scams, Scam Victims, Online Fraud, Online Crime Is Real Crime, Scam Avoidance, Married Scam Victims, Internet Infidelity, Scam Victim Divorce

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THE NEXT VICTIM MIGHT BE YOUR OWN FAMILY MEMBER OR BEST FRIEND!

SCARS the Society of Citizens Against Relationship Scams Incorporated

By the SCARS™ Editorial Team
Society of Citizens Against Relationship Scams Inc.

A Worldwide Crime Victims Assistance & Crime Prevention Nonprofit Organization Headquartered In Miami Florida USA & Monterrey NL Mexico, with Partners In More Than 60 Countries
To Learn More, Volunteer, or Donate Visit: www.AgainstScams.org
Contact Us: Contact@AgainstScams.org

The Issue Of Race In Scam Reporting
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Important Information for New Scam Victims

If you are looking for local trauma counselors please visit counseling.AgainstScams.org or join SCARS for our counseling/therapy benefit: membership.AgainstScams.org

If you need to speak with someone now, you can dial 988 or find phone numbers for crisis hotlines all around the world here: www.opencounseling.com/suicide-hotlines

A Note About Labeling!

We often use the term ‘scam victim’ in our articles, but this is a convenience to help those searching for information in search engines like Google. It is just a convenience and has no deeper meaning. If you have come through such an experience, YOU are a Survivor! It was not your fault. You are not alone! Axios!

A Question of Trust

At the SCARS Institute, we invite you to do your own research on the topics we speak about and publish, Our team investigates the subject being discussed, especially when it comes to understanding the scam victims-survivors experience. You can do Google searches but in many cases, you will have to wade through scientific papers and studies. However, remember that biases and perspectives matter and influence the outcome. Regardless, we encourage you to explore these topics as thoroughly as you can for your own awareness.

Statement About Victim Blaming

Some of our articles discuss various aspects of victims. This is both about better understanding victims (the science of victimology) and their behaviors and psychology. This helps us to educate victims/survivors about why these crimes happened and to not blame themselves, better develop recovery programs, and to help victims avoid scams in the future. At times this may sound like blaming the victim, but it does not blame scam victims, we are simply explaining the hows and whys of the experience victims have.

These articles, about the Psychology of Scams or Victim Psychology – meaning that all humans have psychological or cognitive characteristics in common that can either be exploited or work against us – help us all to understand the unique challenges victims face before, during, and after scams, fraud, or cybercrimes. These sometimes talk about some of the vulnerabilities the scammers exploit. Victims rarely have control of them or are even aware of them, until something like a scam happens and then they can learn how their mind works and how to overcome these mechanisms.

Articles like these help victims and others understand these processes and how to help prevent them from being exploited again or to help them recover more easily by understanding their post-scam behaviors. Learn more about the Psychology of Scams at www.ScamPsychology.org

Psychology Disclaimer:

All articles about psychology and the human brain on this website are for information & education only

The information provided in this article is intended for educational and self-help purposes only and should not be construed as a substitute for professional therapy or counseling.

While any self-help techniques outlined herein may be beneficial for scam victims seeking to recover from their experience and move towards recovery, it is important to consult with a qualified mental health professional before initiating any course of action. Each individual’s experience and needs are unique, and what works for one person may not be suitable for another.

Additionally, any approach may not be appropriate for individuals with certain pre-existing mental health conditions or trauma histories. It is advisable to seek guidance from a licensed therapist or counselor who can provide personalized support, guidance, and treatment tailored to your specific needs.

If you are experiencing significant distress or emotional difficulties related to a scam or other traumatic event, please consult your doctor or mental health provider for appropriate care and support.

Also read our SCARS Institute Statement about Professional Care for Scam Victims – click here to go to our ScamsNOW.com website.

If you are in crisis, feeling desperate, or in despair please call 988 or your local crisis hotline.