13 March 2022 16:02

I just got scammed of $20,000 from a Forex trading scam. How can I recover my money back urgently


How do I get my money back from a forex scam?

File a Chargeback Request With Your Credit Card Provider

The card chargeback is the most effective method to get your money back from forex scams. You can directly file a dispute with the issuing bank on the concerned transaction. The bank will then review the claim and determine its validity in the next few weeks.

Can I report a scammer and get my money back?

Contact the company or bank that issued the credit card or debit card. Tell them it was a fraudulent charge. Ask them to reverse the transaction and give you your money back.

How do I report a forex scammer?

Call 866-FON-CFTC (866-366-2382).

What do you do if a scammer takes your money?

Report a scam that happened with an online seller or a payment transfer system to the company’s fraud department. If you used your credit card or bank account to pay a scammer, report it to the card issuer or bank. Also report scams to the major credit reporting agencies.

Can a broker steal your money?

Can a Stock Broker Steal Your Money? A broker cannot legally steal your money, just the same as your neighbor or your bank cannot legally steal your money. However, it is possible for a stockbroker to steal your money and the money from other investors. This is called Conversion of Funds.

Can I recover my lost funds in the binary option scam forex scam Bitcoin scam etc?

With binary options scams, the easiest way to get your money back is through a chargeback. Through a chargeback, you can claim your money back directly via your card issuer or bank, which in most cases is very effective.

What happens if I get scammed?

If you’ve been scammed, consider reporting the fraud to the police to see if they can take any action, as well as to your state consumer protection office. You can also report scams to the FTC. File a report online with the FTC, or by phone at (877) 382-4357.

What are the chances of getting money back after being scammed?

So while customers lost £398.6 million to unauthorised fraud in the first six months of this year, industry analysis suggests banks refunded victims in more than 98 per cent of cases. If you are refused your money back, you can complain to the Ombudsman.