If you’re worried about becoming a victim of debt collector scams, here’s how you can protect yourself, your bank account and your personal information: Contact your creditor Track the source of the debt by reaching out to your creditor to see if it has any information about the debt in question. If the company that […]
Getting a call, email or letter from a company that claims to be a debt collector can be alarming. Here are six telltale signs that you’re dealing with a credit collection services scam: They pressure you A credit collection scam might use scare tactics and threats. The scammer might also pull the emotional card, making […]
Scams involving Bitcoin or other cryptocurrencies are rapidly increasing in frequency. If you have been scammed, you may feel angry, embarrassed and unsure of where to turn to recover your funds. This article lays out the best practices for attempting to recover your funds. Please note: broadoak-capital.com offers a service to help you trace […]
Have you lost money to bitcoin scams and need crypto recovery? If so, it’s essential to act fast and yet to proceed with caution. Cybercriminals who run crypto scams can hide behind anonymous bitcoin wallets and launder money rapidly on the blockchain. Although it’s important to move quickly, it’s equally crucial to make the right […]
Crypto recovery is a process that parallels chargebacks for credit cards and wire recalls for bank transfers. If you lose your credit card or notice unauthorized charges on it, you can cancel it, contact the bank that issued the credit card and have your charges reversed and returned to you. Crypto recovery is more complex […]
 Cryptocurrencies, often referred to as virtual currencies or tokens, are quite different from typical currencies such as dollars or euros. Instead of being issued and backed by a government or central bank, cryptocurrencies are digital assets secured by cryptography that can be used as a medium of exchange. Their validity is typically provided by […]
Cryptocurrencies such as Bitcoin, Ethereum, Solana and hundreds more are hot commodities in online trading, and it’s possible for an investor to make a profit. But many people have experienced dramatic losses, some through bogus investment platforms touted by scammers as sure moneymakers. The Federal Trade Commission (FTC) warns consumers that “crypto investing comes with lots of risks, […]
Scammers are always finding new ways to steal your money using cryptocurrency. To steer clear of a crypto con, here are some things to know. Only scammers demand payment in cryptocurrency. No legitimate business is going to demand you send cryptocurrency in advance – not to buy something, and not to protect your money. That’s always a […]
Scammers use email or text messages to try to steal your passwords, account numbers, or Social Security numbers. If they get that information, they could get access to your email, bank, or other accounts. Or they could sell your information to other scammers. Scammers launch thousands of phishing attacks like these every day — and […]
You may find the possibility of a scam compromising your financial accounts unnerving, but there are many ways you can protect yourself. Here are some tips to help reduce your risk. Review your accounts. Check your credit card and banking accounts on a regular basis to ensure that there are no unauthorized charges. To help you catch fraudulent […]