Just realising you have been scammed through some online payment fraud or a trade or investment you made and you are wondering what to do?

The earlier you take an action, the better you can protect yourself and help others. Getting your stolen money back may be difficult, but recovery is about more than just regaining your losses. These six steps can help you guard against further theft, report the fraud, help other financial scam victims and start the recovery process. You can also conduct these steps on your own. However, if you feel you need legal help, Contact us Today.
Your first steps should focus on stopping further losses and gathering the information you have about the scheme and the perpetrators while it is still fresh. The major thing is to look into how you can repair the damage and avoid fraud in the future and report the scam. If you need help on how to report a scam, Contact us Today .

1. 

Don’t pay more instead contact a financial recovery firm

This may sound obvious, but some schemes such as crypto fraud use the promise of large returns to persuade victims to send one fee after another, even when the victims suspect something is wrong. These fee frauds have increased significantly online in recent months.

2. 

Collect all the pertinent information and documents

While the events are still 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.

3. 

Protect your identity and accounts

If you provided payment information to the fraudsters, take the steps necessary to block access to your accounts and protect against identity theft.

4. 

Report the fraud

Tell us if you believe you were victimised by a fraud that involved commodity futures, options on futures, swaps, commodity pools, binary options, foreign exchange, digital assets, online transaction security, online payment fraud or other derivatives.
If you have experienced other types of fraud and don’t know where to send your complaint, Reach out to us.

5. 

Consider changing behaviours and building your resistance to fraud.

HOW TO PROTECT YOURSELF FROM ONLINE FINANCIAL SCAMS.
As the saying goes, “fool me once shame on you, fool me twice shame on me.” Don’t blame yourself for being victimised. Fraudsters are very good at what they do, and they often target educated and successful people. However, you may want to consider the events or actions that led up to the fraud. Many times, routine activities can lead people into becoming targets, and returning to those activities could start the process over again. These routine 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.