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BEWARE OF THE REFUND AND RECOVERY SCAM: Scammers Can Strike Twice!

#Scams #Online­Fraud #Refun­dAn­dRecov­eryScam #Cyber­Se­cu­ri­ty #StaySafeOn­line

Today’s video deals with anoth­er emerg­ing scan, The Refund and Recov­ery Scam! We will unrav­el the intri­cate work­ings of the Refund and Recov­ery Scam, show­cas­ing how crafty crim­i­nals can swin­dle unsus­pect­ing vic­tims not just once, but twice!

Unfor¬≠tu¬≠nate¬≠ly, there are numer¬≠ous web¬≠sites online which pro¬≠fess to pro¬≠vide these ser¬≠vices. In short, they claim to be able to recov¬≠er funds vic¬≠tims have lost to scam¬≠mers. These scam recov¬≠ery web¬≠sites make bold state¬≠ments such as ‚Äú‚Ķif you have been duped by the likes of a scam¬≠mers, reach out to us and our experts will get your mon¬≠ey back.‚ÄĚ Or even bold¬≠er claims such as ‚Äúhas accom¬≠plished 92% win rate glob¬≠al¬≠ly.‚ÄĚ

The pro¬≠lif¬≠er¬≠a¬≠tion of refund and recov¬≠ery scam ser¬≠vices on the web, tru¬≠ly chal¬≠lenge all com¬≠mon sense! How can mon¬≠ey or pros¬≠e¬≠cu¬≠tion be insti¬≠tut¬≠ed against per¬≠son or per¬≠sons from parts unknown? Now it is com¬≠mon knowl¬≠edge that many scams, espe¬≠cial¬≠ly romance scams, come from places like Nige¬≠ria and Ghana in West Africa. Many of these scams are car¬≠ried out by gangs of scam¬≠mers. The mon¬≠ey is divid¬≠ed among the gang mem¬≠bers. The thought of a com¬≠pa¬≠ny being able to recov¬≠er lost ‚Äúscam‚ÄĚ mon¬≠ey from these indi¬≠vid¬≠u¬≠als defies log¬≠ic. Where would you start, and where would you end? Then, would this mon¬≠ey be just lay¬≠ing around in a sock draw¬≠er, in a retire¬≠ment account, or in a long-term CD. No, the mon¬≠ey is long gone, and the scam¬≠mer is on to the next vic¬≠tim!

In the refund and recov¬≠ery scam, the scam typ¬≠i¬≠cal¬≠ly starts with vic¬≠tims falling prey to an ini¬≠tial scam. It could be your every¬≠day gar¬≠den vari¬≠ety scam like romance scams. Then, like a phoenix from the ash¬≠es, anoth¬≠er scam¬≠mer (or some¬≠times the same one) swoops in, claim¬≠ing to be a ‚Äėrecov¬≠ery agent.‚Äô They promise to help you retrieve your lost funds, only to trick you into pay¬≠ing ‚Äėfees‚Äô or ‚Äėtax¬≠es,‚Äô exac¬≠er¬≠bat¬≠ing your loss. They adver¬≠tise all over the web with sites that look pret¬≠ty legit¬≠i¬≠mate and pro¬≠fes¬≠sion¬≠al.

If you come across one of the many sites on the Inter­net offer­ing Refund and Recov­ery Ser­vices. Be very care­ful! First, take the time and ana­lyze the whole site. It may look pro­fes­sion­al at first glance. As you ana­lyze these sites, you will soon see the poor vocab­u­lary, bold claims and made-up sta­tis­tics through­out the whole site. These are only some of the many red-flags on these sites.

One of the refund and recov­ery sites I delved into, look very pro­fes­sion­al. I was actu­al­ly quite curi­ous. How­ev­er, after of few min­utes of look­ing through the site, I noticed numer­ous gram­mat­i­cal errors, bad vocab­u­lary and a host of oth­er issues. I looked up the busi­ness address and found it was a oper­at­ing out of a vir­tu­al office. They also pro­vid­ed numer­ous busi­ness address­es around the world. With a host of vir­tu­al offices around the world, it’s easy for a busi­ness to look like a glob­al busi­ness. How­ev­er, if you take the time to Google the address­es list­ed for this busi­ness, or ANY ques­tion­able online busi­ness, you will find most oper­ate out of vir­tu­al offices or mail drop loca­tion. Does this make them ille­git­i­mate? Absolute­ly not. But it def­i­nite­ly rais­es some red-flags.

Stay tuned till the end, as we share essen­tial tips on how to pro­tect your­self from these scams, detect red flags ear­ly, and the steps to take if you ever find your­self vic­tim­ized. This is the scam after the scam!

Remem¬≠ber, knowl¬≠edge is pow¬≠er, and we‚Äôre here to arm you with the infor¬≠ma¬≠tion you need to stay safe online. Join us in the fight against scam¬≠mers by lik¬≠ing, shar¬≠ing, and sub¬≠scrib¬≠ing to our chan¬≠nel. Also, don‚Äôt for¬≠get to hit the noti¬≠fi¬≠ca¬≠tion bell ūüĒĒ, so you nev¬≠er miss our week¬≠ly updates on every¬≠thing dig¬≠i¬≠tal secu¬≠ri¬≠ty. Let‚Äôs build a safer inter¬≠net, one video at a time.


00:00 Intro­duc­tion
00:33 Major­i­ty Of Scam­mers Oper­ate Over­seas
00:51 Glob­al Anti-Scam Alliance
01:15 Post-Scam Oppor­tu­ni­ties For New Scam
02:07 Need A Scam Spe­cial Ops Group To Recov­er Funds
02:22 The Refund And Recov­ery Scam
02:56 Scheme Fol­lows A Set-Pat­tern
03:09 Your Name Goes On A Suck­er’s List
03:51 The Pitch
04:47 Sales Pitch Lines Designed To Deceive
05:36 Do Not Give Out Infor­ma­tion
05:47 How To Rec­og­nize Refund And Recov­ery Scam
06:16 It Is Ille­gal To Ask For Fees In Advance
06:50 How To Avoid Refund And Recov­ery Scams
07:48 Only Scam­mers Request Mon­ey Via Gift Card, Cryp­tocur­ren­cy, etc
08:34 Search Online For Com­pa­ny Info, Com­plaints, Scams, etc
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