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Looking For Advice on Recovery From Investment Scams? Get a Consultation Now!

Category: Investment Scam
Length: 17 Pages
Reading Time: 30 Minute

Excerpt: Scammers are most likely to target people between 30 and 39, leaving the age group of 20 to 29 years as the second-highest number of cases. By now, you must be wondering whom even to trust then? The answer is not to worry, as there are numerous funds retrieval companies out there who can help you get your money back.

April 24, 2022


How attractive is an investment offering a significant payment, rapid cash, and a higher guaranteed profit than ever? If you invest in an offer like this, please know that investing is easy until you fall into a scam. Investment Scammers act as telemarketers and financial advisors to steal your money. A scammer may deceive you or provide false information about a legitimate investment opportunity. What exactly leads to an investment scam? Basically, when someone tries to trick you into investing money, you are likely to become one of the victims of an investment scam.

Scammers ask you to put your money into stocks, bonds, notes, commodities, foreign currencies, or even real estate, depending on your situation, and later deceive you or provide false information about a legitimate investment opportunity. Even weirder is that they appear to be highly well-educated and professional, leaving no doubts regarding their authenticity. 

These scammers pressure you into taking quick action on an investment opportunity. This way, they are attempting to gain your confidence for you to transfer money to them as soon as possible and without asking many questions. They make promises of large payouts, quick cash, or guaranteed returns in exchange for your money. If you or your loved ones are going through this situation, be alert! It is undoubtedly a scam. 

Today, there has been a significant increase in consumer complaints involving investment scams, perhaps due to the Covid-19 pandemic. In fact, investment scams are among the top ten in terms of money lost in recent years, with losses ranging between $40 and $50 million. In 2020, Americans lost more than $419 million due to investment fraud and scams. Over 25,000 investment fraud cases were reported in 2020, with over 20,000 of those cases resulting in a loss for the first time.

2021 was identified as another record-breaking year across nearly every metric. Overall, according to all measures, investment scams have increased exponentially between 2017 and 2021. According to the government and other regulatory authorities, almost 26,500 cases were reported to the government, resulting in a loss of $419 million. No wonder the use of cryptocurrency and social media by scammers has increased dramatically, and many people do not report when they become a victim of such scams! Investment scams can take various forms; cryptocurrency, individual stocks, mutual funds investment, etc. Even though these scams account for more than half of all scams (including phishing, online shopping scams, false billing, identity theft, hacking, remote access scams, classified scams, ransomware and malware, and dating and romance scams), they are primarily unreported by the public and victims.

Over £27 Million lost to scams involving crypto and forex investments in 2018-2019

Securities and Exchange Commission

If you’re someone who is into Investment, then you’re definitely at the right place. We can give you the best practices in identifying red flags as well as help you in recovering your stolen money from scammers!

Table of Contents

In fact, only 60% of those who become the target of an investment or cryptocurrency scam file a report with the appropriate authorities, whereas 35% of those who do not file a report state that they were unaware that they could. It sheds light on how important it is to improve scam education and public awareness. Therefore, know that you are never too late to report! Your reports are so important as they provide authorities with a complete picture of the prevalent scams, allowing them to better educate the general public on how to identify and avoid them. The worst part is that around 80% of those who have been the target of investment scams are less likely to invest in the future. In the first quarter of 2021, the Federal Trade Commission received 14,079 reports of investment scams, with victims losing $215 million.

The percentage of reports that reported a loss, the median loss, and the total loss were all on track to surpass the figures reported in 2019, which were already significantly higher than the figures reported in 2019. Scammers are most likely to target people between 30 and 39, leaving the age group of 20 to 29 years as the second-highest number of cases. By now, you must be wondering whom even to trust then? The answer is not to worry, as there are numerous funds retrieval companies out there who can help you get your money back. So, familiarize yourself with the most common investment scams and what proactive measures you can take to avoid them. Also, If you want to learn about the consultancy based on common Investment Scams, sit back, relax and continue reading. This article is all about it!

CHAPTER 1: Recovery Checklist For Victims Of Investment Scams

100 dollar onhand

Americans lose around $50 Billion a year to investment scams. If it ever happens to you or someone close to you, here’s what to do!

Contact your bank immediately

Notify your bank immediately if you have handed over your account details or made a payment out of your account that you believe is a scam. Knowing about any recent transactions through your account can help you a lot in this situation.

Report the scammer to the authorities

Contact the financial regulator and attorney general of your state ASAP! State authorities may choose to bring actions in state court. Also, if the scam occurs in your local community, you could report the matter to the police and your district attorney; you may need to file a police report if you plan to file an insurance claim for scam losses. Lodging a complaint will enter the fraud into the Consumer Sentinel Network so that law enforcement can stop ongoing fraud and track these crimes. This process, however, will not initiate a criminal investigation of your case. 

police station

Hence, the agencies that might be of assistance depending on the nature of your complaint include the Federal Trade Commission (FTC), your local FBI office, your state attorney general, and your state’s securities regulators. You can find contact information for that last group on the North American Securities Administrators Association (NASAA) website. However, if your loss is substantial, you might also want to consult a private attorney.

Used A Credit Card? Contact The Bank Asap

If you have provided payment information to the scammers, you need to take the steps necessary to block access to your accounts and protect against identity theft. For example, if you have used credit card information, contact your card issuers immediately to make a scam report. As part of the process, you may be required to get a new account number. Also, if you gave the scammer your bank account number or routing number, contact your bank or credit union immediately. You may need to close the account and open a new one. 

Moreover, consider using a scam alert and a credit freeze. Unless you request it, the bank will not lift a security freeze. And a scam alert will notify potential creditors to verify your identity before extending additional credit in your name. Be on guard for scams that claim your social security number is linked to back taxes or other debts, and independently verify claims with the creditors before paying any money. Then, change your passwords! If you registered for access to a scammer’s website using usernames or passwords that you use elsewhere, update accounts with new log-ins as soon as possible.

Get The Help From The Lawyers


Reporting the investment fraud to law enforcement is vital to begin the recovery process as a professional will know how to get your money back! They will ensure the responsible parties are investigated and how they can prevent further damage to other victims. You can report to any local law enforcement office to file a police report or contact your local District Attorney’s Office and your state’s Attorney General’s Consumer Protection Unit!

Create An Investigation File For Yourself

As the events may still be fresh in your memory, develop a timeline and collect documents and information that could help when it comes time to report or investigate the fraud. Start by gathering all relevant documentation concerning the scam in one file kept in a secure location. Begin by writing down conversations you had with the scammer, their contact sheet, including name, title, positions used by the scammer, purported regulatory registration numbers, social media profiles, conversations, screenshots, and any email addresses. Your file should also include the police report and any call notes or relevant documentation about the fraud.

Avoid Falling As A Victim In The First Place

surfing at dark

Getting scammed once is a mistake, but twice may be a choice! Don’t fool yourself again. Scammers are so clever; they maliciously target educated and successful people. However, you may want to consider the events or actions that led to the scam. Routine activities can often lead people to become victims, and returning to those activities could start over again. These everyday activities could include being active in investor social media groups or chat rooms, commenting on videos, signing up for trading courses, special offers, free giveaways, or investor newsletters. Be Aware! 

Hence, scammers are constantly thinking of new ways to scam people through Investment as the world evolves. For example, it is safe to assume that you are being scammed if anyone asks for your bank or personal details. The most effective method of avoiding having your bank account or other personal information compromised is to be proactive in controlling who has access to your information.

Because your bank accounts serve as the conduit via which you access and interact with so many elements of your financial life, scammers are ready to take advantage of any opportunities to exploit any vulnerabilities associated with your financial transactions. In addition to this, before signing up with a broker, always conduct thorough and detailed research!! Start with small investments first and continue if the process goes smoothly. Do not make the mistake of committing all your funds right away. 

Go to their website; although some Forex media sources may have broker recommendations if this is dominant and on the main page, you should be wary of the ratings because the site is most likely funded through affiliates. Additionally, search for affiliate connections leading from the review page to the broker’s website. It implies that the person who wrote the review will be compensated if you click on the link. It is acceptable if the reader is aware of the relationship; therefore, the site is transparent about its affiliation.

Also, don’t forget to Look into the discussion boards. Look for any posters endorsing a specific broker on message boards. The sign may be genuine, but if you check back and see that they only support one broker, they’re indeed affiliated with that broker, and you should treat what they say with caution. You might want to make sure and see if your comments have been posted on forums. If a forum or website is solely dedicated to promoting specific brokers, the administrator may choose not to post or delete your message. These websites, as well as their suggestions, should be treated with caution. Most importantly, look for the broker’s unfavorable reviews.

It would be best to get a comprehensive picture of any broker, so look for negative ratings and positive reviews. You can locate these by adding the word ‘scam, bad’ to your search. One person’s terrible experience does not necessarily imply that you will have a negative experience, but it will give you a fuller picture. And most importantly, look out for other customer complaints about not being able to withdraw money. It is a red flag for a scam, but try to reach out to the user and inquire about their experience before passing judgment. After all, there is no such thing as being too careful regarding investments!

CHAPTER 2: Recovery Firms To The Rescue!

the claimers

Have you, your business, or your client lost due to an investment attack? If yes, immediately get help from a funds recovery firm, even if you think your case is ‘small’ because these ‘small’ losses can add up to a significant number damaging the whole industry to a great degree. Don’t be afraid to report; there’s no shame in being scammed, and the complaint is necessary to stop the scammer from continuing to do the same to others. The supervisory authority is the entity able to initiate shutting down the site to prevent the scam from continuing. 

A report should be done as soon as possible, both because, in the immediacy of the crime, you have the opportunity to collect the most significant amount of information relative to your case. Also, if you are still communicating with the scammer, the authorities are better positioned to stop them before they cut contact, and finding them proves more difficult.

Recovery firms specialize in carrying out extensive and complex investigations. They develop unique software that identifies links between cryptocurrency addresses and entities with their comprehensive and integrative recovery process. Their intelligence team creates effective documents and reports that have been proven and utilized in judicial proceedings in the past. They can be of great help in court too! Also, their security team specializes in detecting malicious message transmission. 

Lastly, with the help of third parties such as police or financial services agencies, they make sure to help you recover your cryptocurrencies. The main motive behind so many recovery firms is that they say, ‘Getting your money back is important to you, so it’s important to us. We can’t get money back in every case, and we can’t always get every dollar that people lost. But we do our best.’ They encourage people to report a scam as soon as they notice it.

shake hands

These firms use these reports to go after companies that defrauded consumers and sometimes identify people who lost money to businesses they sued. Hence, you might be able to get your money back after being scammed, but what you should do and whether you’ll get a refund depends on whether you’ve chosen a recovery firm for your scam. Today, recovery firms are governed by many rules, and well-informed customers will not be shy to sue if their rights are abused. 

These agencies are aware of this, so they are knowledgeable about the legislation. They are well-versed in federal collection regulations and the state laws they are licensed in. Allowing a fraud collection firm to recover payments on your behalf reduces the legal hazards of trying to recover funds on your own. Also, hiring a third party may save you time and money.

Scam recovery may drain an organization’s time and resources, even at a basic level. It’s a nuisance and a distraction that you don’t need. As a result, one of the most significant advantages of enlisting the help of specialists is the speed and simplicity with which the procedure may be completed. All while allowing you to concentrate on what matters: operating your company. Although professional scam recovery services are not always free, they can still be the most cost-effective option. Hence, recovery firms are a lifesaver. 

They are always ready to take action on your behalf. Safeguard yourself against investment scams and reach out to them for assistance in recovering lost funds! Also, don’t forget to visit their websites and explore a wide range of recovery firms so that you can spread the word to your loved ones to keep them safe in this world full of scams.

Who are the common victims of investment scams?

holding a phone

We’ve all read about investment fraud and scams. And while most of us think to ourselves, “That could never happen to me” or “I’d never fall for that,” it happens, and we unfortunately do. Investment victims range from 45 to 70 years old, are mostly financially stable and educated, have higher-than-average salaries, and are generally curious and confident.

CHAPTER 3: Consultancy Based on Common Investment Scams


Scammers can create complex scams that can trap even the most cautious of people. But it’s not too late because we can help you track the damage done by scammers. We can help you get your money back!

Promissory Notes

What’s a promissory note? Actually, a promissory note is a written commitment to pay (or return) a specific amount of money at a future date or upon demand. Interest is usually spent on promissory notes, either at regular intervals before maturity or at the moment of maturity. Promissory notes are a debt instrument that companies can use to raise funds. They are often sold to sophisticated or institutional investors. 

However, this is not the case for all promissory notes. Even though promissory notes can be a legitimate investment, those marketed to many individual investors are more likely to be scams. However, before you consider investing in a promissory note, you should ask tough questions and insist on getting answers to your questions and demands. Make sure that you understand how they operate and the dangers they pose. 

When it comes to a promissory note scam, the individuals perpetrating the fraud are frequently hidden behind the scenes. They persuade others to sell promissory notes by promising them large commissions for their services. Individuals who sell promissory notes to investors rely on the information provided. They may not be aware that the information provided is false or misleading. 

The individuals who run the scam use a portion of the money they collect from investors to pay the commissions to the sellers who are the victims of the fraud. The scammers usually make off with the rest of the money. In most cases, an investor agrees to loan money to a company in exchange for the company’s promise to repay the principal, plus interest, over a specified period, known as the repayment period. Promoters market these notes as short-term loans with significant returns for borrowing money from you, frequently with no risk. 

field notes

Look out for these three main red flags!

  1. A start-up company with little or no business history sells “high-quality” notes to retail investors, promising returns above the market average for a similar type of investment. 
  2. The notes are marketed as a short-term, high-interest investment. 
  3. The notes are sold or promoted by someone not registered with a securities regulator. A promissory message can be explained as a debt that a firm can issue to raise funds, analogous to a loan or an IOU. An investor typically agrees to lend money to a company for a specified time. In exchange, the corporation guarantees the investor a specified return on their investment, usually principle + annual interest. 

While promissory notes can be a good investment, those that are sold to a large number of people are frequently scams. Fraudsters around the country have recently used promissory notes to scam investors out of hundreds of millions of dollars. Most of the time, these scams target the elderly, robbing them of their retirement funds when they can least afford them.  

Although to control the fraudulent sale of promissory notes to investors, the SEC and state securities regulators have joined forces; there are some precautions you can take to avoid such scams from happening in the first place. For example, consider that valid corporate promissory notes are rarely sold to the general public. Instead, they’re usually sold privately to wealthy bidders who conduct their own “due diligence” or company investigation. You’re probably being scammed if someone phones you or comes to your door offering to sell you a promissory note.

laptop and notebook

Secondly, verify that the vendor is fully licensed. Insurance agents cannot market securities without a securities license, including promissory notes. Inquire with your state securities regulator if the individual or firm is licensed to offer guarantees in your state and if they have a history of complaints or fraud. This information is also available by calling the FINRA public disclosure hotline or visiting their website. 

Moreover, find out if the investment is registered with the Securities and Exchange Commission (SEC) or your state securities regulator or if it is exempt from registration. The majority of valid promissory notes may be easily verified by searching the SEC’s EDGAR database or phoning your state securities regulator, found on the North American Securities Administrators Association’s website. If the promissory note isn’t registered, you’ll have to conduct your investigation to determine whether the corporation can pay its loan. 

Lastly, be wary if the seller claims that the promissory note is not a security. Promissory notes used in scams usually are securities that must be registered with the Securities and Exchange Commission (SEC) or your state securities authority. Don’t forget to compare the promissory note’s rate of return to current market rates for fixed-rate assets such as long-term Treasury bonds. Always remember that if anything appears too good to be true, it is likely a scam! However, you can always recover your money lost in a promissory note scam. Get help from recovery firms to get your funds back with extensive and complex investigations. They have unique software for adequate studies and can also be of great help in court!

Ponzi Pyramid Schemes

danger ponzi

How does a Ponzi Pyramid Scam work? Ponzi schemes are scams in which cash raised from new investors are used to pay off old investors. There is no genuine investment, and many scams eventually fail. Scammers use social media to contact consumers and encourage them to download or invest in apps. They guarantee you will see huge profits immediately and believe you will, but the scammer will pay you a return using money that others have invested. 

Once you’ve seen a profit, the fraudster will persuade you to tell your friends, family, and coworkers about the scheme. They’ll pay them ‘returns’ and ask them to attract others they know to join the program. When the scammer goes out of business, or the pool of eager recruits shrinks, they will vanish, leading people to lose up to millions! Hence, this kind of financial fraud is when existing investors are compensated with monies raised from new investors.

Organizers of Ponzi schemes frequently offer to invest your funds and earn high returns with little or no risk. However, the scammers in such cases do not support the money. Instead, they utilize it to compensate previous investors, with the possibility of keeping part for themselves. Ponzi schemes require a constant and assured flow of new money to survive because they have little or no actual earnings. These schemes usually collapse when it becomes difficult to recruit new investors or when a significant percentage of existing investors payout. However, there are always some red flags you can look up to. For example, If you don’t receive a payout or have trouble cashing out, be skeptical.

Ponzi Schemes

Promoters of Ponzi schemes sometimes try to deter players from cashing out by promising even more significant rewards if they continue in the game. Also, paperwork-related issues can be a problem, too, as errors in account statements could indicate that funds are not being invested as promised. Don’t forget that unlicensed people or unregistered businesses run most Ponzi schemes, so investment professionals and firms must be licensed or registered under federal and state securities regulations. 

In addition to this, If you don’t comprehend anything or can’t receive all the facts you need, don’t invest as complex and secretive strategies can be a significant problem. Don’t be sad if you’ve been a victim of Ponzi scams. Recovery firms have intelligence teams to create effective documents and reports proven and utilized in previous judicial proceedings. They can get you your money back instantly!

If you are a victim of a ponzi scheme and had your money stolen, contact us to help you get in contact with a trustworthy recovery company!

Real Estate Investment Fraud

Real estate is becoming an increasingly popular investment area, but it is not without its risks in terms of legal pitfalls. Charges of real estate investment fraud can be complicated, primarily when federal authorities are prosecuting the crimes. Someone who intentionally misrepresents themselves while investing in or attempting to invest in real estate may face federal prosecution for real estate investment fraud if they do so with knowledge of the truth. 

For example: if an individual or company makes false statements on a loan application, this may be considered fraud. This type of real estate investment fraud could pose a problem for the individual or the mortgage broker involved. Suppose the individual submits false information to obtain a loan. In that case, the mortgage broker runs the risk of being sued for fraud and perpetuating the fraud by submitting a loan application containing the information they were aware was false.

house purchase

While many individuals buy real estate as just a personal investment or a home to stay in, it is also sold as security from time to time. These are sales in which the buyer does not own or live on the property but may be able to profit from the efforts of another party involved with the property.  Illegal schemes are frequently marketed through aggressive promotion (advertisements disguised as news items) that promise large profits to investors in a short period. Investors invest in a fund presumably used to buy and hold real estate. 

Frequently, investors are paid hefty fees and given little in the way of specifics or risk disclosure. The property value is sometimes overstated to entice investors in illicit schemes; other times, there is no property at all. Once you invest, communication dwindles or stops entirely, as it does with many other systems. 

Scammers in real estate promise to help you “become rich quick” or live your dream retirement with real estate passive income. Also, suppose you come across a real estate investment or loan with insufficient documentation or disclosure. In that case, it’s a scam and a corporation or investment that hasn’t filed a prospectus with the Securities and Exchange Commission. Lastly, those not registered with a securities regulatory authority are a fraud.


With how easy it is for scammers to acquire your data, it’s reasonable to be alarmed. Protect yourself and your loved ones by getting advice from experts. We will guide and even help you get your money back from scammers.

Predatory Lending

Predatory lending, in simple terms, refers to a situation when borrowers are subjected to unfair, fraudulent, or abusive loan terms. These loans frequently have excessive interest and fees rates, deplete the borrower’s equity, or place a credit-worthy borrower in a lesser credit-rated (and more costly) loan, all to the lender’s profit. Subprime mortgages are the most common predatory lending; borrowers’ real estate secures house loans. 

Predatory lenders can profit from favorable loan conditions and the sale of a repossessed home if the borrower defaults. Scammers exploit borrowers’ lack of understanding of financial transactions by employing pushy sales tactics. They persuade, induce, and aid a debtor to take out a loan that they will not reasonably be able to repay by dishonest or fraudulent conduct and a lack of transparency.

Many borrowers are put in danger by predatory lending. Typical targets are people with low credit ratings, the less educated, or those exposed to discriminatory lending policies based on race or ethnicity. Predatory lenders frequently target areas with few other loan options, making it harder for customers to shop around. They employ aggressive sales strategies such as mail, phone, TV, radio, and even door-to-door sales to entice customers, and they profit from a range of unethical and fraudulent practices. 

Recovery firms today can help get you your money lost to predatory lending. Apart from this, many states have anti-predatory lending legislation to safeguard consumers. Some states have outright banned payday lending, while others have set limits on how much lenders can charge. The Consumer Financial Protection Bureau has also made steps to address predatory lending. However, as the latter agency’s shifting posture demonstrates, rules and protections are vulnerable to change.

money loan

Recovery firms encourage people to educate themselves. Borrowers who are more financially knowledgeable are better equipped to recognize red flags and avoid risky lenders. The Federal Deposit Insurance Corporation offers advice on protecting yourself when taking out a mortgage, including how to cancel private mortgage insurance. However, before taking a loan, one should think about other options. They can consider asking for help from family and friends, their local religious group, or public assistance programs instead of a pricey payday loan, which is unlikely to do the same financial harm.

Some people wonder if it is illegal to make predatory loans. The answer is yes. You may have been the sufferer of a crime if you were persuaded and misled into taking out a loan with higher costs than your risk profile justifies or that you are unlikely to be able to repay. Recovery firms say that education and investigation are essential to avoid such scams. Make sure you understand any loan agreements you’re signing and figure out how much you’ll owe using the math. But keep in mind that if you are tempted and misled into taking out a loan with higher costs than your risk profile permits or that you are unlikely to be able to repay, you may have been a victim of fraud.

Social Media/Internet Investment Fraud

online investment

Internet scams are rising and costing victims hundreds and thousands of dollars through Internet services or software with Internet connectivity to defraud victims or otherwise take advantage of them, referred to as Social Media Fraud. Thanks to the growing power of the internet, digitalization, and social media, it has never been this easy to find so many online scam victims at one time. Digital fraud has been a concern for businesses since the introduction of e-commerce in the 1990s, and the threat is growing with each passing year. As a result of COVID-19, more consumers stay at home, and more trade moves online. This tendency makes it considerably easier for criminals to engage in fraudulent activity. 

Hence, scammers may reach out to many individuals at a cheap cost by using social media. They can create phony accounts’ email addresses and link their posts to a website, videos, or photographs. Because of the potential for anonymity on social media, it can be challenging to identify or locate fraudsters who use it to promote a scheme. People who believe the investment is real may encourage others in their network to invest if a scheme gains traction on social media. Friends, family members, and coworkers may invest in and subsequently promote an unsuitable or fraudulent investment. 

Money is lost, and personal connections are harmed if the investment fails or is dishonest. It is likely to be a scam if a company makes unsolicited investment offers, makes unbiased and independent recommendations, and guarantees large profits with no risk; it is expected to be a scam. Also, scam websites deal with e-currencies and neglect to offer a prospectus or other written information outlining the hazards of the investment and how to get your money back.

Affinity Group Fraud

pyramid chart

Scammers usually approach their victims one by one through referrals or via affinity groups such as clubs, organizations, or places of worship. Affinity Group Scams target the elderly or members of religious or ethnic communities. The scammers involved in affinity scams often are members of the group. They may enlist respected leaders from the group to spread the word about the scheme, convincing them it is legitimate and worthwhile. 

Those leaders often become unwitting victims of the fraud they helped to promote. These scams exploit the trust and friendship that exists in groups of people. Because of the increased confidence among the members, outsiders may not know about the affinity scam. Victims may try to work things out within the group rather than notify authorities or pursue legal remedies. Many affinity scams involve “Ponzi” or pyramid schemes discussed above in the article in more detail.

In such scams, new investor money is used to make payments to earlier investors to give a false illusion that the investment is successful. This ploy is used to trick new investors into investing in the scheme and lure existing investors into believing their investments are safe and secure. In reality, the scammer almost always steals investor money for personal use. Affinity frauds can target any group of people who take pride in their shared characteristics, whether religious, ethnic, or professional. 

Even senior citizens are also not immune from such schemes. Affinity scams have stolen millions from poor victims. For example, a Miami-based developer conducted an affinity fraud and Ponzi scheme involving real estate investments that raised $135 million from more than 400 investors, primarily from the South Florida Cuban exile community. The developer paid existing investors with new investors’ funds and assigned the same real estate collateral to multiple investors. Insane!

social media

In another instance, scammers raised nearly $11 million, claiming returns as high as 26%. They typically met and pitched prospective investors over meals at expensive restaurants in and around Fort Lauderdale. Their clients mostly came to them through word-of-mouth referrals among friends and relatives. A significant number of the victims of their scheme were members of the gay community in Wilton Manors, Florida. 

Hence, for an affinity group scam to be successful, scammers need to earn the trust of an influential person in a group, family, or workplace. Once they establish this bond, they use this connection to get their hands on other people’s money in the group. In some cases, they may even pay the influencer to help them out, never telling the person the investment is really a scam. What investors are shown is an attractive opportunity to make money.

Only the scammers and associates know the investment offered is a Ponzi scheme. They will go to great lengths to sell the investment opportunity, sometimes even creating fake financial statements to convince investors that their funds are growing at a phenomenal rate. However, to avoid affinity and other scams, you should check out everything!! No matter how trustworthy the person seems, who brings the investment opportunity to your attention. 

Never make an investment based solely on the recommendation of a member of an organization or religious or ethnic group to which you belong. Investigate the investment thoroughly and check the truth of every statement you are told about the investment. Be aware that the person telling you about the investment may have been fooled into believing that the investment is legitimate when it is not. Also, do not fall for offers that promise spectacular profits or “guaranteed” returns. If an investment seems too good to be true, it probably is.

what is pyramid

Similarly, be extremely cautious of any investment that is said to have no risks; very few assets are risk-free. The greater the potential return from an investment, the greater your chance of losing money. Promises of fast and high profits are classic warning signs of fraud with little or no risk. Moreover, be skeptical of any investment opportunity that is not in writing. Fraudsters often avoid putting things in writing, but legitimate investments are usually in writing. 

Avoid an investment if you are told they do not “ have the time to reduce to writing” the particulars about it. You should also be suspicious if you are advised to keep the investment opportunity confidential. Lastly, don’t be pressured or rushed into buying an investment. Just because someone you know made money or claims to have made money doesn’t mean you will.


We have encountered victims who were mentally and emotionally drained when they were scammed out of their money. We can help you with your legal and technical concerns. We can help you get your money back.


Now, what are annuities, and how do these scams work? While annuities are safe and valuable financial tools, the industry can be confusing, and some use the public’s ignorance to take advantage of unaware annuity buyers. Anyone considering investing in annuities should know the dangers of working with corrupt insurance agents. However, annuities can be an excellent addition to their retirement plans for most people. 

Fixed annuities are safe, secure, and guaranteed to fulfill their contractual promises. But, often, the actual sales process brings a certain uneasiness to buying an annuity. There are scams with annuities, just as there are with almost any product being sold to the public. Annuity fraud takes place when people are persuaded to purchase annuity products they do not want or need. Insurance agents push these products on them to earn commissions.

Insurance carriers issue these products to make a profit. But people duped into purchasing needless insurance suffer because it deprives them of hard-earned retirement money. People have lost a lot to annuity scams. For example, a 73-year-old man was persuaded by a dishonest insurance salesman to pay $43,000 for a life insurance annuity from Midland National Life Insurance Company. But, the annuity payments were not to start until his 115th birthday. How low could someone get!? 

If you have experienced this, please be aware that many options exist for you if you buy an annuity and end up not wanting it. In fact, all annuity companies offer a ‘free-look’ period where you may return the annuity for any reason and receive a full refund. Legally, you as a consumer have a lot of rights and options. Make sure you fully understand these when you purchase an annuity. If they seem confusing, don’t worry, your agent or the insurance company will help you.

hacking codes

Hence, to save yourself from annuity scams, follow some basic steps similar to other scams. For example, pay attention to the annual maintenance costs. After all, who doesn’t want to choose an annuity with low yearly fees? Also, avoid signing up for a premium bonus because you will typically pay for this with a substantial amount of charges in the long run. And understand liquidity issues with owning an annuity, as withdrawals come with fees and IRS tax penalties. Talk to a tax professional, don’t mistake tax deferment to mean any taxes, and always have a trusted friend, relative or attorney present when reviewing and signing policies! Also, a friendly tip; avoid annuities with schedules that last more than seven years, and don’t put more than 35 percent of your funds into annuities. Trust us that will help!

Nonetheless, victims of annuities fraud face substantial losses due to false promises or an inability to access money when they need it. Recovery firms may help such victims recover funds lost due to annuities fraud by filing a civil lawsuit and taking vital strategic steps to maximize their potential compensation. These firms hold insurers accountable and stop abusive, fraudulent practices connected with annuities. As victims of investment scams experience feelings of shame and stress, recovery firms can exploit these by offering what seems like an easy way out. How kind!

CHAPTER 4: The Claimers & Their Recovery Plan For An Investment Scam

the claimers

About the company

The Claimers is a funds recovery database firm that has been in operation for more than seven years now, resulting in a recovery of about $100,000. This firm attempts to provide its clients with information about top consultants in the industry to help them recover their money lost to scammers. For this purpose, they have on-board specialists and professionals who ensure that the activity is managed efficiently and with the client’s concerns in mind and priority. All of their members have more than three years of experience in their respective fields, making them highly passionate and determined. How great is that!? One of the fascinating things about them is that they have over 1000 clients in their portfolio, and not a single one has lost a lawsuit against a scammer. Thus, when confronting a scammer, the company believes in a robust and no-nonsense approach to ensure that their clients’ money is returned efficiently and effectively.

They will assist you in retrieving your assets, regardless of how complicated the case is. Anyone you contact within their organization will be positioned to assist you, from customer service to lawyers and forensic accountants. Their team will be your straight ally throughout the entire process, from the initial examination of the case to gathering proof and then fighting the scammer and retrieving your money. They know that many people have been looted out of considerable money. Therefore, they are here to help you fight back. Their professionals come together to study, analyze, and probe details to hunt down and identify the scammer, which would lead to recovering the money you lost. Nevertheless, they are one well-known fund’s recovery organization with a global reputation.

Steps Taken By Top Companies In The Recovery Process

100 dollar bill

Have you or your loved ones lost money to any investment scam? Don’t worry! Recovery agencies are here to help you recover. Trust us; you are not alone. Millions of individuals are misled worldwide just because they want to get rich, improve their family’s financial status, and live the lives they’ve always pictured. People fall prey to scams to achieve this, resulting in substantial financial loss. However, only a few years ago, things were drastically different. You could not get in touch with any company for help in retrieving your payments. It’s critical to recognize that internet fraud and funds recovery serve to fill a largely untapped market niche. But now, the times have changed.

Now you have the opportunity to regain control of your situation and create the best possible outcome by recovering your funds. You have fund recovery experts on your side who can assist you in reclaiming the funds you’ve misplaced. Recovery agencies employ a complete and integrated recovery technique when it comes to retrieving monies from internet fraud. Time is of the essence in such scams; therefore, they respond quickly and consistently, maintain complete openness, and keep their clients informed throughout the process. They’ll guide you through getting your money back while keeping the same concept in mind. Hence, the company follows four steps to recover funds; reviewing your request, evidence collection, building the case, and finally, recovering the money! Let’s read these in more detail.

1. Review Your Request

Are you a victim of an investment scam? Investigative specialists will begin evaluating and working on your case as soon as you figure it out and alert them via their website’s online contact form. They recognize that investment fraud is a time-sensitive issue; thus, the faster they recover your money, the sooner they will have to begin investigating it. According to studies, the scammer is caught 85 percent if the fraud is reported within two days of the incident. Following the case review, a team member will contact you to discuss your position further and offer advice tailored to your unique situation.

2. Evidence Collection

Evidence is vital in swinging the case in your favor, just like any other criminal case, so they’ll start gathering evidence and evaluating brokers right away. Their team members will trace your steps back to the scammer, collecting any necessary evidence. Calls, messages, emails, screenshots, billings, bills, and the entire digital footprint are all part of the package. You’ll be working closely with digital analysts to ensure that all relevant evidence is recovered and your case is as strong as feasible.

3. Building Your Case

Many individuals believe that everything will be alright once the evidence is recovered. That is not the case, however. From here, team members will begin the paperwork for your case. It is arranged efficiently, effectively, and viable to ensure that the data is not rejected by the financial institutions concerned. It requires a thorough understanding of legal documents, which is why recovery companies exist!

4. Recover Your Money

money suitcase

It is the last phase in the rehabilitation process. At this point, its recovery specialists design a customized approach for resolving the matter, which may include going directly to the fraudster or enlisting the assistance of third parties. They attempt to approach the fraudster directly at first, stating the facts and warning them of the risks. Most of the time, they are compelled to pay back the money. However, if that fails, their team has a backup strategy, including financial institutions. 

They also team up with payment processors like Transferwise, Paypal, and others to help you recover your funds! They are then successful in recovering your payments since they have extensive experience in this industry, and this is not the first instance they have approached a fraudulent organization. By now, you must know that recovery firms are no less than angels! By the time people begin their investigation by spotting scams, recovery companies have already faced these scammers.

As a result, they’re progressing toward the goals clients have set for themselves. When you give the identity of the broker who scammed you to the company, they instantly know who is to blame. It allows them to contact the right people in the first place. However, when you speak with the cops in your neighborhood, you will be bombarded with inquiries since the officers are unclear about where to begin. 

You don’t want to be in that situation when you’re already frustrated and devastated over your loss. A lack of power is one of the problems prohibiting customers and dealers like you from pursuing these matters on your own. You are just another person to these internet con artists. When you contact them and ask for your money back, they rarely take you seriously. After a few calls, they’ll take down your phone number and never call you again. They’re busy deceiving someone else while you’re attempting to contact them.

100 dollar bills

On the other hand, agencies can completely turn the tables. You may be confident that if you call these fraudsters and inform them how they might be discovered using a professional fund recovery company, they will answer and cooperate. Scams are all over the internet, which is an unfortunate reality. It’s clear that evil people are targeting our personal information and money, whether for forex and crypto scams, romance scams or credit card theft. Thousands of adverts bombard the typical individual every day, many of which are fake. It might be challenging to differentiate between what is genuine and what is a scam.

People who want to commit fraud from their homes’ comfort and privacy will be able to verify themselves as legitimate brokers or financing professionals as contemporary technology becomes more widely available. Scammers now have more victims to attack, thanks to the rising use of social media. It is almost necessary that you do not fall prey to these con artists. Despite everything, a recovery agency is to help you restore control of your finances to live your everyday life, and can do the job for you. 

Even though complete success is rare, financial recovery organizations refund millions of dollars to customers every year. Investment scam is a complex issue to investigate, and even many law enforcement officers have difficulty locating con artists. If you use our services, you will almost certainly have a much better chance of getting your money back than if you go it alone!

CHAPTER 5: Steps To The Recovery Process (Extended)


Falling victim to one of the many types of investment fraud scams isn’t only financially devastating, but it also takes an emotional toll with fathoming how to get back on your feet. A study funded by the Financial Industry Regulatory Authority Foundation shows that almost two-thirds of fraud victims experience at least one severe emotional consequence, including stress, insomnia, anxiety, and depression. Fortunately, you aren’t alone in this; today, legal and emotional support is available through the recovery firms. With the advancement of technology, investment fraud and online banking scams are very common. £339 million was lost in 2019 by victims of investment fraud, according to the Financial Times.

However, now, after being scammed, you might be able to get your money back! Fund recovery organizations now exist to assist you in locating the scammer and, in most cases, guarantee that you will receive your money back. They work diligently with their skilled staff and technology to prepare legal papers to reclaim your monies. Your money is just stolen by the scam artist rather than invested in anything in most cases. Here, we’ve put together a five-step recovery guide on how firms help you recover your money back.

1. Look Through The Documents

document checking

Reporting the investment fraud scam is the first step to recovery and should be reported to Action Fraud and the Financial Conduct Authority. You can report investment scams online through the website tool. During this process, you will answer a series of questions about fraud and enter your details. Once you have submitted a report, they may send it to the National Fraud Intelligence Bureau (NFIB) for assessment. During this assessment, experts will review the data from your report to decide whether there is sufficient information to send to the police for further investigation. From the police investigation, you will receive a crime number.

In some instances, as soon as you report (online contact form on their website), your case will come under review. As said earlier, time is the key! So don’t worry; working on your case will start instantly. Perhaps, one of the company’s expert team members would arrange a meeting with you where you can tell them everything in complete detail. It would create fewer problems and enable them to ask you whatever unclear questions. Once they know the request is valid, the refund process will begin! In this stage, they may look at details concerning your case, the story of how the scammer reached out to you, which medium you were using, and were any other platforms involved.

2. Report Your Bank

bank building

The second step the firm would follow is to contact your bank. They notify your bank immediately as knowing about any recent transactions through your account can help you a lot in this situation. If you have provided payment information to the scammers, they will need to take the steps necessary to block access to your accounts and protect against identity theft. For example, if you have used credit card information, contacting your card issuers immediately to make a scam report is essential. Also, if you gave the scammer your bank account number or routing number, you may need to close the account and open a new one. Moreover, firms would consider using a scam alert and a credit freeze.

3. File All Scam Documentation And Evidence

When it comes to recovering from investment fraud scams, it’s essential to collect as much evidence and information as possible. This information will help to support your claim. A case is nothing without facts and evidence; thus, team members of firms will dive into the scammer in their footsteps to retain any information that could help strengthen your case. Any phone calls, images, screenshots, billings, conversations, invoices, and overall a digital footprint would be collected to make your case as strong as possible. In this stage, they will look for details specific to your case, such as the following –


If you have suspicions of a scam or phishing attack, you can rely on experts to help you with protection, mitigation, and fund recovery. You will feel safe knowing that experts with years of experience will be guiding you!

  • Scammer’s name
  • Scammer’s email and postal address
  • Scammer’s telephone number
  • Scammer’s website address
  • Timeline of events and contact
  • The police report and a crime number
  • Contact with banks
  • Bank statements with evidence of the investment

4. Building The Case - Involving A Third Party

Evidence collection is not enough; in fact, it is the starting point. It is where the paperwork starts, and your information is structured in such a coherent and effective manner that it leaves zero chance of being objective by the financial institutions. It would require legal expertise from firm members, and that is what they love to do! Here they will compile all the details concerning your case, starting with the story of how you met your scammer, a detailed narrative of the tactics they used to form an emotional bond with you and get into the nitty-gritty of how much he stole from you. Additionally, they will compile the legal documents concerning this case too. It’s essential to be aware of your legal rights while recovering from investment scams. Therefore, a lawyer would be chosen who specializes in investment fraud.

5. Decide How To Proceed


Once they have heard back from your banks, Action Fraud, and spoken with a fraud lawyer, they will be more equipped to decide how to proceed with the recovery. It might be that the bank or credit card company was able to recover the funds, but if the process proves to be more difficult, their team of experienced fraud barristers would be there to help. Also, they will decide whether to go to the scammers ourselves or perhaps involve third parties. Their team members and partners worldwide would include intelligence analysts and people with exceptional expertise and knowledge in providing solutions to fraud within the ethical framework. Today, recovery firms have partnered up with some fantastic payment providers such as Paypal and transfers that can help them recover your amount to a great extent!

CHAPTER 6: There is a 90% Chance of Full Recovery

Suppose you have fallen victim to any kind of investment scam. In that case, you’re probably dealing with the consequences of a stolen identity, ruined credit, financial loss, and a spectrum of emotional feelings, including anger, anxiety, and frustration. While complete economic recovery may be impossible, you must report the crime as soon as possible. No matter how minor, reporting any financial fraud assists law enforcement, regulators, and government agencies in ending the fraud, preventing future people from becoming victims, and pursuing the criminals responsible. 

As a rule, thieves will dispose of your money quickly after stealing it, so you may never see it again. However, your turnaround is about so much more than lost money. It’s all about safeguarding your financial future and valuables and figuring out how to recover emotionally from the crime. However, there are some things you need to think about before employing a third-party recovery firm discussed in the above paragraphs. For example:

money on hand

  1. What is their coordination with state, federal, and provincial authorities? These firms file boilerplate complaints on behalf of investors devoid of material that a regulator would find valuable.
  2. What does it mean to provide legal services? These businesses frequently lack the legal skills to advise you on all of your legal choices or to file a class-action lawsuit on your behalf. Most people are unable to reach an agreement beyond a demand letter.
  3. What is the fee? How much will the service cost? Some companies demand an upfront fee going to $10,000, while others employ a sliding scale in which they charge you depending on the size of the initial investment. 
  4. What information will you acquire as a result of your investigation? They promise to gather information, including assembling data from publicly available sources. 
  5. What are their reviews? Positive or negative? Research a lot because a recovery firm can be a scam, too, and that is the worst that could happen to someone.

Recovery firms that are a scam deceive you into paying for your regulator’s free service. Also, the investment program is so old that it’s impossible to recover. However, many firms have a 99.99 percent recovery rate. The majority of payment methods utilized by scammers are irreversible (but some can be). While the scammer is legally liable to the victim, the scammer is usually already gone or bankrupt when the victim is discovered. A duped consumer’s ability to track down the fraudster, file a case, and collect a judgment is usually impractical. Instead, a consumer’s best bet may be to make a complaint in as many locations as possible, including with the payment system’s bank or firm and government authorities. The payment provider could be able to assist, and a government enforcement action (against the scammer or even a complicit payment provider or another facilitator) could lead to a recovery for victims.

Moreover, consumers’ recovery can come from unexpected quarters; for example, cash can be recovered through the mail. Gift card companies, money transmitters, the FBI, the Federal Trade Commission, the United States Postal Inspection Service, and others are on the lookout for scammers. They may have methods to block the consumer’s payment to the scammer or assist the consumer in recovering the consumer’s payment. 

However, unless the scam victim files a complaint with the proper authority, this may not help the victim. For example, Apple and other gift card providers may be able to detect attempts to devalue gift cards via international websites or other dubious areas. The gift card provider can prevent consumers from using their gift cards based on its anti-fraud procedures. However, the purchase of a gift card may not reveal the name of the deceived buyer to the gift card issuer.

business partner

A complaint filed with Apple, Google, Amazon, or another gift card provider, along with a receipt and identification of the gift card, may entitle the consumer to a refund of the gift card amount. In addition to this, in bank-to-bank transfers, for example, the FBI’s Recovery Asset Team (RAT) may be able to collect money from a complaining customer by contacting both banks and the scammer. The RAT team concentrates on the more severe losses. Also, scam-facilitating intermediaries like Western Union, payment processors, voice over internet providers, and others have been fined massive amounts of millions of dollars by the Federal Trade Commission and the Justice dept.

Even if the scammer is bankrupt, the CFPB has a victim recovery fund that can be used to compensate victims. Suppose the scammer’s or payment provider’s records do not identify the victims. In that case, the best option for a consumer to be included in a list of reparation beneficiaries in actions taken by these agencies is if the consumer has filed a complaint and identified themselves as a victim at the same time. It’s also vital to file a complaint because many complaints can lead to law enforcement action against the scammer or complicit intermediaries, resulting in restitution.

Learn To Bounce Back From An Investment Scam - Contact Any Recovery Firm Today!

Scammers constantly think of new ways to scam people as the world evolves. Whether it’s an online payment while you shop, a lover asking for money on a dating scam, pop-ups asking for a fee, or a forex broker pressurizing to invest, never give out your personal information. The most effective method of avoiding having your bank account or other personal data compromised is to be proactive in controlling who has access to your information. Because your bank accounts serve as the conduit via which you access and interact with so many elements of your financial life, scammers are ready to take advantage of any opportunities to exploit any vulnerabilities associated with your financial transactions. Real investments need time and consideration. It’s considered a good idea to consult with someone you trust and believe is looking out for your best interests before investing. It’s also essential to do some research. 

Begin by renewing your computer’s security features and practicing basic network security on all of the computers you use to access financial accounts. When you’re ready, start looking for appropriate assets. No one should ever force you into making financial or investment decisions, and you should never invest on the spur of the moment. Don’t give out personal or financial information to an unknown caller. Don’t answer emails or social media messages offering financial advice or investment opportunities; simply hang up or ignore the notice. Change your passwords to keep your credentials protected. Spread the word to your friends and family to keep them safe. Know that scams can come in many shapes and sizes, affecting any type of investor. Keep an eye out for suspicious inconsistencies hidden behind complicated jargon. A sound investment strategy should be logical. Examine the adviser’s claims about their performance compared to commonly available benchmarks. Are these results credible?

Nevertheless, always look for the companies’ or the firm’s unfavorable reviews. Look for negative ratings and positive reviews. You can locate these by adding the word ‘scam, bad’ to your search. One person’s terrible experience does not necessarily imply that you will have a negative experience, but it will give you a fuller picture. And most importantly, look out for other customer complaints about not being able to receive their goods. It is a red flag for a scam, but try to reach out to the user and inquire about their experience before passing judgment.

If you want to steer clear, keep yourself safe from falling victim to investment scams, and want to learn more about the different kinds of scams prevalent today, read the article above carefully and follow the steps to be careful at all times. For example, watch out for the red flags; you never know how smoothly scammers have set traps for you. Hence, there is no guaranteed method for preventing investment scams, but there are always some ways to ensure the mitigating of adverse consequences they cause. Lastly, remember! It’s never too late to report. Recovery firms are always there to guarantee recovery and protection of all types of scams. Please do not give up; we encourage everyone to go to them if they have been scammed or are even getting scammed.  They also guide where to get help and how to protect yourself from scams. Visit their website and spread the word to your loved ones to keep them safe!

do you need help?

A lot of those who contact us have questions and concerns about their personal and business data being compromised. We aim to arm you with the legal and technical know-how in the fight against scams. Also, we will be able to refer you to top scam recovery agencies.

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