Fund Recovery

What is a scam?

Scammers are entities that promise quick and easy money. The catch here is that they do not care about you and instead take advantage of your trust and money. They know that people can not resist these promises, and once you get out of the scheme, you’re left with a loss of money, psychological and financial ruin, and emotional damage.

How do they manage to make money off the simple act of trying to con people?

They create dozens of fake websites and create a plethora of different programs in order to deceive unsuspecting consumers. They can even trick you into buying physical products that are worthless.

How to keep yourself safe from scams

Smartly managing your money is of utmost importance in today’s times. Do not let criminals get the better of you or your money. With this in mind, following a few important tips is the first step to keeping your money and assets secure from threats like online scams and identity theft:

1. Stay vigilant

Be careful about who you let into your email/social media account. Criminals know that. They carefully analyze their victims’ profiles before posing as them to ask for money. Remember, these scammers are looking for a chance to “get lucky”. If you think they are persistent, then give them one – they will leave you alone and stop contacting you once they make a few bucks from you.


How to find a legitimate fund recovery company?

Make sure that the company you are working with offers a comprehensive recovery service. If there are any fees or other costs associated with recovering funds, you should know before you sign up.

Look for a company with good reviews. Do some research online before selecting your recovery company.

Choose a company with a reputed criminal defense agency.

Choose a company that can be reached on a 24/7 basis.

“An experienced fund recovery company should be able to answer questions about the recovery process and answer to your expectations in terms of the money you can expect to receive from the company, and how quickly you can expect to get your money back,” says Money Matters.

What should a fund recovery company do?

Due to the sheer volume of victims who are affected by scams, a certain amount of similar situations will crop up. A fund recovery company can easily assess the extent of your losses and tell you whether or not you can file a lawsuit against the criminals. A reputable company will also involve other victims of the same scam into the process so that they can collaborate and share the losses among each other in an effort to find a solution that will ensure the rightful owner of the stolen funds is rewarded for their troubles.

The effectiveness of recovering the stolen funds is dependent on several factors, but the most important one is psychological recovery. Such a recovery requires that you share the stories of your experience with other victims in order to win your case.

How do I report a scam to the FBI or the FTC?

Individuals can report scams to both the FBI and the FTC under different categories. The Better Business Bureau is one of the best known places to go when you’re unsure whether the online site you’re using has the right to be taken down. Here you’ll find information on each scam type and a link to report a complaint to the FBI. The same link for the FTC also tells you what to do if you have questions about the company you have paid to remove a problem from your site.

How do you know if a company is a scam?

To be on the safe side, always do your research first before you send any money. Don’t rely on a shady-looking website or an unprofessional phone agent who refuses to give you answers to your questions. Ask for references, sign-up for alerts, and read the fine print before you click.


While there is no way to fully prevent fraud and theft from occurring, there are steps that you can take to keep yourself safe and also keep others safe as well. Always be alert of what is happening around you and if you feel as though something is off, trust your instincts. The internet offers many ways for fraudulent entities to take advantage of unsuspecting victims. All it takes is one phishing email that contains a realistic looking page to result in a lost account or even worse, theft of your money.

More and more people are falling victim to scam artists online. The internet is full of sophisticated groups that can make you lose your hard earned money.