Case Study – Liam Martin’s Recovery from an Investment Scam

Liam Martin, a news journalist at a mid size publication came across a successful story of a person who became a millionaire in a year. After interviewing him, he too wanted to get rich overnight. He asked him about his investments and was sent to an agent. The agent presented him with a scheme that guaranteed fifty percent returns over a year. Though such returns are extremely unusual, the agent convinced him to invest a starting sum of $1,500.

Unfolding of the Scam

Liam, trusting the agent, invested the initial amount without verifying his credentials, his past track record and the relevance of the scheme. Surprisingly he got over forty percent returns in just two months. Fueled by his greed and desire to become extremely rich and retire early, he further invested $8,500 increasing his total investments to $10,000.

Several months passed, he would constantly check his returns weekly on the application provided by the agent. Assured by the screen showing high positive returns, he never attempted to withdraw any money from the application. Satisfied from the return on his investment, he had increased his investment size to a total of $18,000 by now.

At the end of year, his account showed around 62% of returns, he made the call to pull the plug on his investment. He tried withdrawing complete balance but was unable to do so. Fear grew on him, he then made a decision to let go his profits of around $11,000 and just withdraw his investment amount of $18,000, but he was unable to do so.

Financial Scams Recovery

It is then when Liam figured that he was unable to withdraw his money, he then started to find such agencies that would help him in recovering his investment. From his research, Liam found out about Financial Scams Recovery. He opted to take the professional help of experts at Financial Scams Recovery (FSR).

Exposing the Scammers & Collaborating with the Authorities

FSR investigators examined Liam’s transactions and linked the scheme to a network of investment scammers. FSR associated with the financial regulators and the respective banks to bring the above transactions to their notice. They initiated legal actions against the fraudsters and the appropriate authorities began tracing the included entities.

Efforts to recover Funds

Using their expertise in cyber security, association with concerned authorities and constant efforts; FSR was able to recover $16,500 Working closely with the banks, FSR tried and reversed the transactions where possible. Liam went over the moon when he received the good news.

Educating Liam on fraud Prevention

Apart from recovering Liam’s funds, he was also given training on identifying fraudulent platforms, lessons for cyber security, fund prevention and safe & disciplined investing for future
investments.

Why choose Financial Scams Recovery

Financial Scams Recovery specializes in tracking and recovering funds lost in investment scams. At FSR, there is a team of financial, cyber and legal experts who along with their experience are totally devoted to safeguard your money and help you fight against increasing cyber scams. If you have been a victim of an investment scam, do contact Financial scams Recovery.