Scam Victims Lose Money & Need Help To Recover It!
After the scam financial control is vital, plus there are real opportunities to recover!
The first step after your scam ends is to lock down and control your financial situation. Here are articles that may help you with those efforts and provide guidance for things to consider.
In addition, there are real opportunities to recover money – some have come and gone, and some may still be options. You will have to review the statuses with the entities involved to determine if they are still active or if you qualify.
We present this information to help you explore topics with your financial professionals and law enforcement. We can make no warranty about the specifics of each since we present the information as we understand it and as presented by reliable sources. In all such cases, you should consult law enforcement, a financial professional or an attorney before taking any specific action.
Remember, this information is presented as is and can become dated and obsolete
We will update this from time to time as new information becomes available.
The First Step – Get Organized
Get organized. We strongly recommend that you organize all of your transactions before talking to anyone.
You have 2 choices to help you get organized:
- SCARS free organization information here: https://romancescamsnow.com/dating-scams/a-scam-victims-checklist-interacting-with-the-police/
- SCARS publishes a complete online crime organizer (the SCARS RED BOOK) that is available at shop.AgainstScams.org at a small cost.
Please note that it is possible to recover money after a scam ends, but speed is important. The longer you wait to report to your LOCAL POLICE the less chance you have of getting your money back.
DO NOT listen to amateurs, most are spreading false information. Here are the FACTS!
Bank Wire Transfers
According to Interpol, it is possible to “claw back” or recall bank wire transfers.
- Contact your bank immediately and ask them to do it. Many times they will not because they may end up losing money in this process.
- File your local police report and get the police report number. Ask the local police to contact your bank and get the wire reversed.
- If the bank will still not do it, read the following and give your police the Interpol link contained in the articles. It is a process that has been established worldwide to recall wire transfers up to a year after the transfer takes place. https://romancescamsnow.com/dating-scams/according-to-interpol-it-may-not-be-too-late/
- If the bank still refuses to reverse the wire, we encourage you to explore litigation against your bank.
One of the unique properties of cryptocurrency is that it can be easily traced and tracked and recovered. Once again, urgency is the critical factor, but crypto can be traced for a long time.
- File your local police report and get the police report number. Ask the local police to trace the crypto and recover it. They have access to the tools to do this – though many agencies do not know this.
- They may have to contact a State/Provincial cybercrime police unit to gain access to these tools, or they can obtain them directly. You will have to apply pressure if they resist and advocate for yourself.
- There are two companies that make the software to help police agencies track crypto – it is not for consumers, just for the police. But they can get it and use it immediately to recover your crypto funds:
- Chainalysis https://www.chainalysis.com/
- Blockchain Intelligence Group https://blockchaingroup.io/
- You may have to bypass the police and talk to the local district attorney’s office or state/provincial attorney’s office for support in getting this done. But Police and Prosecutors around the U.S. are recovering crypto every day now.
WARNING – FEE-BASED MONEY RECOVERY
- There is a multitude of money recovery businesses – some real and most are fake/scams.
- Before using any such service always verify that they are real and incorporated in their state/province/country – you can do this online. If you do not know how to do this then avoid them altogether!
- Never do business with any money recovery business that asks for money upfront. Only do it on a contingency or commission basis after the money is recovered.
- They cannot help you with bank wire transfers or cryptocurrency – your police only can do those.