Protect Yourself from Recovery Scams Targeting Victims of Previous Scams
REMEMBER: AFG WILL NEVER ASK PLAYERS FOR ANY FEES OR PAYMENT! DO NOT BECOME VICTIM TO PERSONS IMPERSONATING THE AFG TEAM
It’s heartbreaking to lose money to a scam, but even more distressing is the rising trend of recovery scams, which target victims who are already struggling to regain lost funds. These scams are cunningly designed to exploit the emotional and financial vulnerability of people who’ve recently been scammed. Here’s what you need to know to avoid becoming a victim twice.
How Recovery Scams Work
Identifying Victims: Scammers find victims of past scams through online complaint forums, social media, and sometimes even by posing as support representatives on customer service calls.
Building False Trust: They often claim to be from official agencies, law firms, or private investigation companies, even providing fake credentials or using names similar to known organizations.
Requests for Fees: The scammers will typically ask for “processing” or “legal” fees, stating these are necessary to retrieve the lost funds. They may also ask for personal details or sensitive documents under the pretense of “verification.”
Endless Delays and New Fees: Once initial fees are paid, they’ll create further delays, explaining that additional costs have arisen. They’ll continue extracting payments until the victim can no longer pay or catches on.
Final Vanishing Act: Eventually, the scammer will disappear, leaving the victim not only without the recovered funds but now with additional losses.
Tips to Avoid Recovery Scams
- Verify and Research: Always check if a company offering recovery services is legitimate. Look them up on verified consumer protection sites.
- Avoid Upfront Payments: Legitimate organizations do not ask for upfront fees to recover lost funds.
- Be Wary of Personal Information Requests: Never provide sensitive documents or bank details to unknown entities.
By staying informed, we can protect ourselves and our community from these harmful scams. If you’ve encountered a recovery scam, report it to the relevant authorities to help prevent others from falling into the same trap.
AFG Alliance
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