Scam Recovery The Real Scam

Recovery scams are fraudulent schemes that target individuals who have already lost money—often to previous scams—by falsely promising to help them recover their lost funds. These scams are especially cruel because they exploit the victim's desperation and hope. Scammers typically contact victims using information from so-called “sucker lists,” posing as law enforcement, government agencies, lawyers, cyber experts, or recovery specialists. They claim they can retrieve lost money and then request upfront payments for legal fees, taxes, or insurance—charges that legitimate agencies would never ask for in advance. Once the payment is made, the scammers disappear. Warning signs of recovery scams include unsolicited contact, demands for advance fees (often in cryptocurrency), pressure tactics, and unverifiable credentials. To protect yourself, never pay upfront for recovery help, always verify identities, report suspicious activity to authorities, and consult someone you trust before taking action. Catch Geniene and Tracey on the Real Scam, Mondays at 6pm CAT on https://www.justgospelradio.co.za or follow the podcast on https://iono.fm/c/8781