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Recovery scams target people who have already been scammed. Victims are often contacted by someone claiming to be a recovery expert, investigator, hacker, lawyer, or company that can recover lost funds.
These scams usually happen fast. Someone says they’ve sent payment, then provides a screenshot or fake email confirmation designed to look real. Sometimes they “accidentally overpay” and ask for money back before the victim realizes nothing was actually deposited.
These scams are designed to look legitimate. The person may seem kind, patient, and genuinely interested in helping you “learn investing.” Victims are often shown fake profits that make the platform feel real and trustworthy.
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Identify common scams and their warning signs.
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