Fund Recovery | FinTelegram News

Category: Fund Recovery

Fund Recovery

April 11, 2023

Urgent Warning Against Fund Recovery Scam “Recover Fund!”

We received another email today telling us that a balance was found on a wallet on the Ethereum blockchain. Supposedly, our email address was linked to the wallet. The sender is Recover Fund (https:/recoverfund.net) and offers to transfer the funds to us. The Recover Fund website provides no information about the legal entity and the operating persons. An address in England is given as the office. This is a scam. You should stay far away and protect your financial health.

Fund Recovery

March 31, 2023

Urgent Warning Against IFW Global Fund Recovery Scam!

Fund recovery scams are the last scum. They primarily attack victims who have already lost money and exploit their desperation. They promise to recover the money lost to online trading scams. However, to do so, a deposit must first be paid to cover the costs. IFW Global has issued a warning today that impersonators use their logos and credentials to attack victims. West African criminals allegedly operate the scam. Stay far away from it.

March 9, 2023

Red Compliance: Be Careful With The Israeli Fund Recovery Scheme Ellis and Burlington!

Anyone searching on Google for terms such as cybercrime, scams, or action fraud will receive an advertisement for the Ellis and Burlington fund recovery scheme, among others. A woman and a man are shown on the website as the founders. Details about the founders or individuals related to the company are searched for in vain. This looks very fishy. We recommend scam victims to be very careful with Ellis and Burlington and assign a "Red Compliance" rating.

Fund Recovery

February 21, 2023

Urgent Warning Against Fund Recovery Scheme Blockchain Investigation Agency!

In most cases, fund recovery scams are run by the same scammers who previously scammed people with their broker scams. This also seems to be the case with the allegedly Swiss-based Blockchain Fund Recovery Agency. Victims report that the same people would be behind it as behind the vanished broker scam TudoFX. Even if you lost money and are in a desperate state: stay very far away and protect your remaining financial health.

February 2, 2023

Urgent Warning (Again) Against Blockchain.com Fund Recovery Scam!

For more than a year now, we have observed various fund recovery scams that claim in emails to consumers that a Bitcoin (BTC) balance has been discovered in a Blockchain.com account that would be in their name. For the payout of the BTC balance, the consumers would only have to transfer a few hundred (sometimes a few thousand) euros or dollars to cover the recovery costs. Please do not fall for these scammers.

December 17, 2022

Attention: Blockchain.com Fund Recovery Scam With The 2-Year Inactivity Approach!

We have been informed that scammers pretending to be Blockchain.com support agents are sending out emails informing the receiver that they have Bitcoins on a frozen account. However, the account was frozen and disabled from the system for the reason of not showing any activity for a period of time of more than two years. The account would remain frozen until the owner provides proof of identity (POI) and proof of address (POA) by uploading documents. Do not fall for these scammers!

December 8, 2022

Urgent Warning Against The FundsPayBack Scheme!

In August 2022, we warned against the self-proclaimed fund recovery specialist FundsPayBack, which allegedly has offices in the U.S. and U.K. They claim that they have been in business for 25 years and recovered nearly $41 million for 5,000 victims. The fact is that this scheme has only been active since January 2022 and works with fake reviews on Trustpilot. We have seen some of their documents and believe it's a scam.

December 2, 2022

Urgent Warning Against Blockchain Fund Recovery Scam!

Currently, crypto investors have bad times. About a year ago, bitcoin peaked at around $65,000.Since then, things have gone steeply downhill. Many large crypto companies..

October 28, 2022

Urgent Warning Against German Fake Crypto Regulator!

There is no crypto market regulator in Germany. BaFin has issued a warning against the so-called KryptoMarktAufsicht, which offers victims of forex and crypto scams to help them to recover their funds. In doing so, KryptoMarktAufsicht appears as an authority supposedly based in Berlin. For this purpose, consumers are supposed to leave their personal data. Boiler room agents are also contacting victims by phone. Stay very far away.

October 3, 2022

Urgent! Do Not Fall For Fund Recovery Scam Blockchain-Cryptotransfer.com!

We received another email from one of the numerous fund recovery scams that pretend to be an authority. In the email, a financial inspector named Sylvie Hopper ([email protected]) informed us that they found almost $33,000 on an account that seems to be related to us. We could request the payout. Before that, however, we have to make a phone call with the financial inspector (Dutch number +31616780252), who is actually a boiler room agent. Stay very far away.

September 18, 2022

The Scam Legacy And Collapse Of FCA-Regulated Payment Processor NordPay

Currently, the indictments and trials against the operators of the Israeli scam network around GetFinancial are taking place in Germany. Around the GetFinancial scam, fund recovery scammers preyed on GetFinancial victims, posing as agents of the Cypriot regulator CySEC. The fund recovery scam victims' deposits were made to accounts at FCA-regulated high-risk payment processor NordPay Financial Ltd d/b/a CentralPay and Paysite Cash. NordPay collapsed following disputes between the founders and went into administration in April 2021.