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   What if I've been a victim of a recovery scam?

   • If you’ve recently fallen victim to a scam, be on your guard against fraudsters contacting you claiming they can get your money back. Recovery scams, also known as 'recovery room' scams or recovery fraud, are a form of advance fee fraud, when a scammer asks you to make an upfront payment for a 'service' before disappearing with your money.

   How recovery scammers trick vulnerable victims - Which? News

   www.which.co.uk/news/article/how-recovery-scammers-trick-vulnerable-victims-asH3c7c4sWUw

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   Are recovery rooms a scam?

   • Generally, recovery rooms insist on being paid a fee or transaction charge before carrying out any services to recover any consumer’s losses. Recovery room scams usually follow on from a boiler room or other type of investment scam where a consumer has lost money.

   Recovery room scams | FCA - Financial Conduct Authority

   www.fca.org.uk/consumers/recovery-room-scams

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   What is a refund or recovery scam?

   • They’re the worst of the worst: scams that target people who have already lost money to a scam. If you’ve experienced a scam, you may be targeted by a refund or recovery scam. In these scams, someone says they can help get your money back or recover the prize or item you never got. You just need to pay them first. If you do, you’ll lose more money.

   Refund and Recovery Scams | Consumer Advice

   consumer.ftc.gov/articles/refund-and-recovery-scams

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   Do recovery scammers work on Facebook?

   • Recovery scammers also operate on Facebook, targeting groups apparently set up to identify scams and help victims. We looked into one group with more than 7,000 members, and found a host of users claiming they could help people get their money back. We investigated one user and found that they frequented scam support pages on Facebook.

   How recovery scammers trick vulnerable victims - Which? News

   www.which.co.uk/news/article/how-recovery-scammers-trick-vulnerable-victims-asH3c7c4sWUw

   See all results for this question

2. www.ciro.ca › recovery-scamsRecovery Scams - Canadian Investment Regulatory Organization

   www.ciro.ca › recovery-scams

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   How do I recognize a recovery scam? Scammers pretend to work for the CAFC, police, government agencies, financial regulators, and investor protection agencies. They might contact you over the phone, through a text message or email, or in person at your front door.

   • Recovery scams on the rise

     If you believe you have been a victim of this or a similar...

3. consumer.ftc.gov › articles › refund-and-recovery-scamsRefund and Recovery Scams | Consumer Advice

   consumer.ftc.gov › articles › refund-and-recovery-scams

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   Dec 14, 2023 · How Refund and Recovery Scams Work. Whether it’s a refund scam promising to get your money back or a recovery scam claiming to get you the prize or products you were promised, the scheme usually follows a set pattern. Here’s how it happens: You’ve already paid a scammer.

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5. www.ciro.ca › publications › recovery-scams-riseRecovery scams on the rise | Canadian Investment Regulatory ...

   www.ciro.ca › publications › recovery-scams-rise

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   Sep 25, 2024 · If you believe you have been a victim of this or a similar scam, immediately contact your bank, local police, your provincial or territorial securities commission, and the CAFC. Quick facts. The CAFC notes that recovery scams had more than doubled in 2023 to over $1.6 million in losses.

6. www.scam-detector.com › recovery-scamsRecovery Scams: How Not to Get Scammed Twice - Scam Detector

   www.scam-detector.com › recovery-scams

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   Jul 10, 2024 · How Does the Recovery Scam Work? There are three main variations of this scam. We’ll break down each scenario below. 1. Fund Recovery Specialists. Fund recovery scammers pose as fund recovery specialists, claiming they can help you recover the money you’ve lost to a previous scam. Image Source: Reddit

7. www.fca.org.uk › consumers › recovery-room-scamsRecovery room scams | FCA - Financial Conduct Authority

   www.fca.org.uk › consumers › recovery-room-scams

   • Cached

   Oct 30, 2023 · How recovery room scams work. Recovery room scams usually follow on from a boiler room or other type of investment scam where a consumer has lost money. The people behind the original scam may operate the recovery room and contact the victim again pretending to be from a different firm or sell on their details to other recovery rooms.

8. antifraudcentre-centreantifraude.ca › scamsRecovery pitch - Canadian Anti-Fraud Centre

   antifraudcentre-centreantifraude.ca › scams

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   If you've been a victim of a scam, scammers may target you again with a promise to get your money back. Scammers will use a number of tactics to steal your financial information or convince you to send money.

9. www.which.co.uk › news › articleHow recovery scammers trick vulnerable victims - Which? News

   www.which.co.uk › news › article

   Sep 11, 2023 · Recovery scams, also known as 'recovery room' scams or recovery fraud, are a form of advance fee fraud, when a scammer asks you to make an upfront payment for a 'service' before disappearing with your money. Recent victims of bank transfer scams and investment scams are commonly targeted.