How to protect yourself from scams

First and foremost, do not take any money from unknown senders. Never wire or send money to a stranger’s bank account or pay into a fund that you do not have any information about. If you have fallen victim to a fraudster, our lawyers will definitely try to help you recover all of your funds and help you out to keep it safe.

Section 2: How to recover your stolen funds

In order to recover stolen funds, you will need to determine what type of scheme the scammer has used. Usually, online scams are commonly known by the names of their respective country of origin. Common names in South America would be “The Bad Guy”, “The Miss”, and “The Tiger”. If you find a scam that has a distinctive name, look into it deeper.

Understand what a scam is

Before hiring a firm, make sure they don’t promise to solve a problem you did not create. If they offer you solutions or appear to be experts in that area, please consider this before trusting them. Only firms that are regulated by the SEC, FINRA, NFA or similar agencies should be taken seriously. According to NFA, an investment advisory firm is defined as “a company, partnership, corporation, bank or trust whose purpose or activities include investing for the benefit of its customers, other investors or beneficiaries, by providing a product or service that is distributed in interstate commerce.”

Be wary of low-level employees

Before hiring, make sure they are licensed to give investment advice and not just limited to other types of investment services.

Do your research on the company before you reach out

It’s always a good idea to research the company that you are contacting before going ahead with the recovery process. Some of the organizations have been around for a long time and they are therefore very well established. Others might only be in business for the past couple of years and the amount of time they have in the market is often short. This is where you need to do some research. You want a company that has done a very good job at helping others recover their funds.

Where to find the right resources

You need to find a company that specializes in funds recovery. Depending on the situation, you can find the resources needed to help you recover your money and the type of recovery that you need.

Know what to do when you’ve been scammed

What most people fail to realize is that you have the right to recover your stolen funds from scammers and send them back to you. In fact, you have every right to do so because you had nothing to do with the fraud and scammers do not deserve the benefit of the doubt that they’ve earned from you.

Go to the FTC, Attorney General’s office, Federal Trade Commission or to your state Attorney General and report the fraud to them. While it may seem like your case is not worth pursuing, it’s better to face the issue head on than allow it to continue on and accumulate in the shadows. Contact the right authorities and document your case thoroughly.

Expect a recovery

When fraudsters steal money and quickly withdraw it from your bank account, there’s a slight chance of recovering it.

Recovery companies and their process

When a Bitcoin Exchange is hacked and the loss of funds occurs, an incident recovery company is deployed to recover those funds for the victims. For victims whose funds are in an offline wallet, recovery companies will analyze and retrieve any data or information they can find from those wallets in order to bring back any cryptocurrency. The process includes the recovery of any private keys, and the eventual return of the lost funds.

All you have to do is provide your contact details to your Bitcoin exchange in order to begin recovery and be informed about the process involved. If your own data is stolen and the damage to your life and finances cannot be recovered, a fund recovery company can assist you with this process.


Ransomware is spreading through the underground and takes advantage of the vulnerable people online. Luckily, however, you do not have to continue your life in fear of receiving a malicious message and losing all your important information. Instead, your money can be safely protected and reclaimed by trustworthy companies who can help you regain all of your money.