Exposed: How Fake “Recovery” and “Law” Firms Are Deceiving the Victims They Claim to Help
The scam is virtually uniform and simplistic. The “recovery firm” or “law firm” inquires as to whether you have a paper trail for the fraudulent transaction. They’ll seek your personal information and bank account information with the sole objective of pilfering your money a second time! Some may ask for an initial fee to initiate a claim. Don’t do it! Crypto recovery firms have taken almost 10 million from burned consumers between February 2023 – 2024. I’m sure that, with the volume of recovery scammers targeting swindled authors, their ill-gotten gains are similar. The number of fraudulent “recovery” scams is daunting.
