Scamming is rampant. More than 40,000 people filed scam reports with the Better Business Bureau in 2022, and the median reported dollar loss was $171, according to that year’s BBB Scam Tracker Risk Report. A lot of those scams are targeting your bank accounts. And though federal law limits liability for credit card fraud, it’s not […]
Online businesses are quickly becoming easy targets for cybercriminals as fraud in e-commerce continues to rise. The era of digitalisation has presented fraudsters with a massive opportunity, especially with millions of personal credentials easily available on the dark web. It’s now far easier for fraudsters to hide behind false details and cover up their tracks. And e-commerce […]
It’s no secret that digital fraud attempts targeting online payment and financial accounts have jumped in the past two years, exacerbated by pandemic woes and a growth in e-commerce and digital financial services usage. However, a recent study underscores that cybercriminals are also worming their way to ill-gotten gains by targeting shipping, mining consumer and […]
Scammers can be very persuasive in convincing you to send them money. If you’ve already paid a fraudulent debt collector, your best bet is to seek recourse with the bank or financial institution you used to send the money. For example, if you paid the illegitimate collector with a credit card or debit card, contact […]
If you think you’ve been scammed or there’s been an attempt to scam you, there are ways you can fight back. Keep a paper trail Nitzsche recommends keeping records of all communication with the collectors. Takes notes on the date and time of every phone call, save emails and texts and gather letters and any […]
If you’re worried about becoming a victim of debt collector scams, here’s how you can protect yourself, your bank account and your personal information: Contact your creditor Track the source of the debt by reaching out to your creditor to see if it has any information about the debt in question. If the company that […]
Getting a call, email or letter from a company that claims to be a debt collector can be alarming. Here are six telltale signs that you’re dealing with a credit collection services scam: They pressure you A credit collection scam might use scare tactics and threats. The scammer might also pull the emotional card, making […]
Scams involving Bitcoin or other cryptocurrencies are rapidly increasing in frequency. If you have been scammed, you may feel angry, embarrassed and unsure of where to turn to recover your funds. This article lays out the best practices for attempting to recover your funds. Please note: broadoak-capital.com offers a service to help you trace […]
Have you lost money to bitcoin scams and need crypto recovery? If so, it’s essential to act fast and yet to proceed with caution. Cybercriminals who run crypto scams can hide behind anonymous bitcoin wallets and launder money rapidly on the blockchain. Although it’s important to move quickly, it’s equally crucial to make the right […]
Crypto recovery is a process that parallels chargebacks for credit cards and wire recalls for bank transfers. If you lose your credit card or notice unauthorized charges on it, you can cancel it, contact the bank that issued the credit card and have your charges reversed and returned to you. Crypto recovery is more complex […]