How much do asset recovery companies charge?

Tip: Most asset recovery firms’ rates are negotiable, with fees ranging from 10\% to 35\%, depending on the asset’s worth (the more valuable, the lower the rate) and how complicated it is to recover. Never pay in advance.

Can funds recovery be trusted?

Conclusion. Funds Recovery is a very successful online assets recovery firm that offers quick results to customers around the world. It has solved a huge number of online fraud cases. This gives the firm a lot of experience and know-how.

How does refund scamming work?

In an online refund scam, a scammer usually finds potential victims by cold calling phone numbers until there is a responsive victim. The scammer tells the victim that the company owes the victim a refund either for a product that the victim supposedly ordered or a service that the company can no longer provide.

How do I get my money back after being scammed?

Consider filing a complaint with the Federal Trade Commission. If you’ve been a victim of fraud, identity theft or deceptive business practices, filing a consumer complaint with the FTC may be a good option for you to potentially recover money from a scammer.

What is fund recovery?

What Are Fund Recovery Services? Fund recovery services provide information, support, advocacy, and solutions for people who are trying to get their money back from merchants, brokers or fraudulent parties.

Is my chargeback legitimate?

MyChargeBack has a consumer rating of 4.55 stars from 146 reviews indicating that most customers are generally satisfied with their purchases. MyChargeBack ranks 1st among Financial Advisory sites.

What if a scammer has my bank details?

If you provided a scammer with your bank information or they were able to steal funds from your account, you need to contact your financial institution(s) immediately. Depending on the situation, your bank will help you determine the best course of action.

What are fake asset recovery firms?

Fake asset recovery firms solicit victims of financial scams, promising to recover lost funds for an upfront fee but doing little to nothing to help. Scammers often sell lists of names and contact numbers of people who have already been victimized.

How do you know if a company is scamming you?

You’ll know a company is scamming you if they ask for upfront fees, use aggressive tactics, promise inside connections, and demand secrecy. Most scammers compile a list of people who have been duped and sell that information to others, including asset recovery scam artists.

What to do if you are a victim of asset recovery fraud?

If you think you were the victim of an asset recovery scam, the good news is you have some recourse. If you used a credit or debit card to pay for a service, contact your bank or credit card company immediately to let it know of the fraud and to prevent additional charges from appearing on your card.

Are You being scammed by a fraudulent money-making scheme?

Being scammed by some of these fraudulent money-making schemes can be a hard pill to swallow. But it’s even worse to be duped again—especially by someone who promises to recover your assets. Learn more about how these people work and what to look out for to avoid being taken in by these professional scammers.