HOW TO GET YOUR MONEY BACK FROM A SCAM

The world of online brokers and day-trading seems high-octane and exciting to most newcomers, and it can be. However, once the new excitement wears off, many customers are often left with the cold reality that these “brokers” were nothing more than schemes designed to separate them from their hard-earned money. These loses are never small, either. In one case, a British man was convinced to deposit £16,000, which he lost in the span of 22 minutes. Elsewhere, a couple from Wisconsin lost more than $500,000 on binary options trading, and there are hundreds of similar cases.

When you fall victim to one of these schemes and scams, you may feel powerless and helpless to get any restitution. You may fear that your money may be gone forever, but fortunately, that’s not always the case. Indeed, there are ways you can get your money back. Read on below to see how you can recover your money and avoid scams in the future.

If You Get Scammed, Can You Get Your Money Back?

Although it may seem at the time like your financial life just cratered after a scam, everything isn’t lost. Indeed, there are tools and services you can take advantage of to get your money back and gain restitution. This includes everything from binary options to forex, and even new sectors such as cryptocurrency.

Dealing with these brokerages and companies can seem like trying to talk to a ghost. They’re happy to help and assist until you’ve deposited money and want it back. Then, they simply vanish. Fortunately, CashRecoverPro can help you get your money back and deal with the unpleasantness that is filing claims against these companies. CashRecoverPro starts by reviewing the details of your case, examining the company’s existing policies, and starting the documentation process.

More importantly, CashRecoverPro will directly confront companies on your behalf, and will get you the restitution you deserve. The best part is, the company provides you with a human point of contact throughout the process, so you can be informed by experts who are well versed in dealing with scams and accumulating important wins.

How To Protect Yourself From Online Scams

The best strategy is one you never have to deploy, so while CashRecoverPro can help you in case of fraud, you should still take steps to defend yourself from some of the most popular scams out there. Below are some of the more common attacks, and how you can defend your money and yourself from these schemers.

High Yield Investment Programs

Even for the most experienced and expert traders, rates of return tend to be relatively modest when looking at each transaction. High yield investment programs are easy to spot because they offer outlandish returns on even the most modest initial investments. However, your funds are used to pay out earlier investments, and so on, until the schemers run out of investors, and disappear with the money. You can protect yourself from these schemes by:

• Reading the fine print - Often, these schemes will be covered in legalese and official-sounding language but may simply be obfuscating the truth.
• Conducting your research and homework - In the financial world, and especially in investments, there is always a paper trail. Simply checking where a company is regulated, you can likely learn if they’re legitimate and if they have a history of dissatisfied customers.
• Doing the math - Sometimes, if it looks to good to be true, it’s usually the case. High returns are tempting, but in an industry where losing is standard and returns are modest at best, such numbers are clear red flags.

Automated Trading Strategies

Automated trading strategy scams involve companies that offer an algorithm or computer program that can purportedly produce unheard of results for a modest investment and impressive margins. This also comes with a low time investment from users. You’ll be asked to register and connect your account, and once you’re linked, the algorithm will quickly deplete your funds on “trades”. You can defend yourself by:

• Checking the website - Most scam websites will show clear signs, such as poor spelling, shoddy design, and outlandish claims that are impossible to verify.
• Doing background checks - See if the website lists the company’s team and do your research on LinkedIn and Google. Legitimate companies will usually have significant information online.
• Not believing the hype - If there were a technology that won 100% of the time on every investment it made, it would already be in use by a major corporation, and not by a small-time operation. It’s important to temper the hype with the reality that trading is a risky endeavor that often involves significant losses.

Get Your Money Back

Being scammed out of your hard-earned money can be painful, but you don’t have to take it passively. Engaging with CashRecoverPro can help you take back control and ensure that the top professionals are working for you to get your funds back.