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Romance scams explained

Romance Scams: Guarding Your Heart, Wallet, and Crypto Online

Introduction

Love knows no bounds, not even those of the digital world. While online relationships can be the start of something beautiful, they can also be the target of heart-wrenching deception. Among the most devastating online scams are romance scams, where emotional manipulation is used to lure individuals into fraudulent relationships, often involving cryptocurrency investments that promise great profits but lead to financial ruin.

What are Romance scams?

Romance scams are a type of online fraud where scammers use emotional manipulation to build trust and affection with their victims. Once trust is established, these perpetrators exploit the emotional connection to extract money, gifts, or sensitive information. As if this weren't painful enough, some scammers may take it a step further by involving victims in fraudulent cryptocurrency transactions, leading to significant financial losses.

The autonomy of a Romance scam

Romance scammers are experts at creating convincing personas, often using stolen photos and fabricated backgrounds. They frequently target individuals on dating websites, social media platforms, or through email. Here's how a typical romance scam unfolds, with the added element of cryptocurrency deception:

How to spot a romance scam

1

Initial contact

Scammers initiate contact with potential victims, posing as charming and attractive individuals. They often claim to be from distant locations, making it difficult to verify their identity.

2

Building trust

Over time, scammers invest considerable effort in building emotional connections with their targets. They engage in lengthy conversations, showering their victims with affectionate messages and declarations of love.

3

Creating crisis

At a critical point in the relationship, scammers engineer a crisis, such as a fake medical emergency or financial hardship. They appeal to their victim's empathy, making them believe their financial assistance is desperately needed.

4

Introducing cryptocurrency

Some scammers introduce victims to cryptocurrency investments, promising substantial profits. They claim these investments are the solution to their financial troubles.

5

Financial requests

Victims, feeling emotionally connected and enticed by the prospect of financial gain, may comply with requests for money or cryptocurrency investments. They believe they are helping their loved one while making a profitable investment.

6

The relevation

Victims eventually discover that the cryptocurrency transactions they participated in were fraudulent. Their money has vanished, and they realize they've been deceived both emotionally and financially.

7

Devastation

The aftermath of a romance scam involving cryptocurrency can be financially devastating and emotionally scarring. Victims are left heartbroken, financially ruined, and questioning their judgment.

Are you a victim of the Romance scam?

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Every case is handled with discretion and professionalism

Why choose us?

We are client centric and if you don't win, neither do we.

We offer transparency and swift action, respecting your time.
We prioritize high-recovery cases with transparency and efficiency.

In brief, we exclusively handle cases that we believe hold the potential for significant compensation. We highly value your time, which is why we maintain complete transparency when assessing each case. If we find that a successful outcome is unlikely, we won't hesitate to inform you. However, if we identify an opportunity for substantial or partial recovery, we will promptly initiate the process and help you get your money back.

Message from our founder

Meet our founder

"We are on a mission to help victims of scams and frauds reclaim what's rightfully theirs"

Masters in fraud recovery

Fraud recovery is complex and that's why you should engage with Refunda, because we have mastered it.

Decades of experience

With over 20 years of combined experience in various sectors, including investments, legal expertise, financial mis-selling, and legal case management, our team brings extensive knowledge to your case.

Effortless process

We prioritize a stress-free experience for our clients. At Refunda, we handle all the complex legal details and heavy lifting, minimizing your involvement.

Clear and fair fees

We believe in transparency when it comes to our fee structure. Recovering from fraud can be time-consuming and expensive, but our pricing is designed to be accessible and equitable for our clients. If we don't win, you don't pay.

Versatile expertise

Our team consists of specialists experienced in recovering funds from a wide range of scams, including investment scams, romance scams and bank fraud.

About us

We are a global leader in fraud recovery.

We are known for reclaiming money back from online scams. Do you want your money back?
"Refunda has been a lifesaver. After an online romance scam cost me over $80,000, they managed to get me it all back plus additional compensation for the inconvenience"

Refunda stands out as a global leader in the chargeback industry, focusing on combating various online scams like Forex, Binary Options, Crypto, Romance scams, and more. Our reputation is built on an impressive track record of successfully recovering our clients' funds, and we're recognized for our straightforward approach in confronting scammers to restore your money.

Our team

Our expert team is at your service.

Our team is ready and waiting to help you get your money back.
"The Refunda team has been so helpful throughout the whole process. I would recommend them to any person who has lost money to an online scam of any sort!"

As successful operators in the field of fraud recovery, we've acquired numerous adversaries within the criminal realm of financial scams. To safeguard our team, we cannot disclose the identities of those aiding us in recovering your stolen assets. Our dedicated team, comprising essential personnel, ensures efficient, customer-centric operations. Each Refunda employee possesses expertise in our domain, making them highly effective. Whether you interact with our Customer Support or our team of Lawyers and Forensic Accountants, rest assured, we're equipped to assist you throughout the entire process, from evidence gathering to confronting scammers and reclaiming your funds."

How it works

Our process is simple, risk free and effective

We adopt a simple 4 stage process which has been proven time and time again to help our clients get the maximum redress possible including additional compensation.

1 - Consultation

Once you've submitted your details, our dedicated case handlers will reach out for a comprehensive case evaluation and information gathering.

2 - Investigation

We'll compile a detailed case file, including the fraud's background and a strategy for a favorable resolution exercise.

3 - Confront

We will take on the financial institutions, including banks and the financial ombudsman, on your behalf.

4 - Redress

Our relentless efforts aim to secure the full redress you're entitled to, and in some cases, we can also help you claim an additional 8% statutory interest.

Client reviews

Don't take our word for it.

Take a look at what some of our clients have had to say about their experience with Refunda.

ROMANCE SCAM

Watch Simon's story

Simon was scammed out of £59,000 from an online catfish in Vietnam. This type of scam is known as romance fraud or pig butchering. We helped Siman get all his money back plus compensation for the inconvenience.

Get in touch about your claim

INVESTMENT SCAM

Watch Jason's story

Jason lost £45,000 from a team of scammers that pretended to be from his bank. They convinced him to invest in a fake bond. We helped Jason claim all his money back within 8 months.

Get in touch about your claim

ROMANCE SCAM

Watch Simon's story

Simon was scammed out of £59,000 from an online catfish in Vietnam. This type of scam is known as romance fraud or pig butchering. We helped Siman get all his money back plus compensation for the inconvenience.

Get in touch about your claim

We are passionate about fraud recovery and our role very seriously. If we can't help you then nobody can.

"Refunda turned the tables on my investment scam ordeal. From the first consultation to their relentless confrontation of the scammers and financial institutions, they delivered results I thought were impossible. Thanks to Refunda, I got my money back and my faith in justice restored."
Satia, Refunda customer

Pioneers in chargeback recovery

We have helped thousands of victims claim back millions in fraudulent transactions

And you can be next. Have all call with us now to find out how we can help you get your money back plus more.

Take a look at the type of scams we can help you reverse.

We can help you claim refunds and compensation from a variety of different scams because if there's a will, there's a way and for us there's always a will.

Binary options

Deceptive schemes that lure individuals into fraudulent binary options trading, resulting in financial losses.

Stock trading

Illicit practices involving fake stock investments, often promising high returns, but ultimately causing financial harm.

Cryptocurrency

Fraudulent activities related to cryptocurrencies, including fake ICOs, Ponzi schemes, and wallet thefts, targeting unsuspecting investors.

Investment scam

Deceitful schemes promising high returns on investments, ultimately leading to financial losses for victims.

Credit card phishing

Online scams designed to trick individuals into revealing their credit card information, often leading to unauthorized transactions.

Invoice fraud

Deceptive practices involving forged or manipulated invoices, leading to unwarranted payments to fraudsters.

Property scams

Illicit schemes related to real estate transactions, such as fake listings, rental scams, or property investment fraud.

Safe account

Impersonation attempts targeting individuals' bank accounts or personal information, aiming to steal funds or commit identity theft.

Romance scams

Emotional manipulation tactics used by fraudsters to deceive individuals in online relationships, often leading to financial exploitation.

Unauthorised payments

Unauthorized transactions made without the account holder's consent, often resulting from security breaches or fraudulent activity.

Frequently Asked Questions

What is the typical timeframe for case completion?

While we aim to resolve your case (recovering a significant portion, if not all of your lost funds) promptly, each case is unique. On average, this process takes between 3 months to a year.

What are the charges associated with Refunda's services?

Our services encompass two components: Initially, we charge a fixed fee of 10% (minimum fee: $1,500) at the start of our engagement. Following successful recovery, an additional 10% commission is applied. Rest assured, no hidden fees are introduced throughout the process.

Why is payment required upfront instead of at the end of the process?

Each case demands a substantial investment of time and resources for investigation and resolution. Our upfront fixed fee covers essential legal services and operational expenses incurred in representing your interests.

Where is Refunda based?

Refunda is located in the United Arab Emirates

Why isn't Refunda regulated by the Financial Conduct Authority?

We operate as an authorized company based outside the UK, adhering to applicable legal exemptions while complying with relevant legal standards in the pursuit of asset recovery.

Are your team members legal professionals?

Our services are provided and supervised by licensed attorneys. Our team primarily consists of legal professionals who offer recovery consulting and practical assistance in the endeavor to reclaim your stolen funds.

Will your actions lead to legal proceedings against scammers?

No, our services do not involve representing clients in court. Instead, we employ Alternative Dispute Resolution methods outside of court, expediting the process by engaging with banks and relevant agencies responsible for the transactions. This approach has proven highly effective in fund recovery.

Does my geographical location matter for your assistance?

Your location is not a barrier to our assistance. Regardless of where you are based, our team can aid you in recovering your funds, provided you have the necessary documentation.

How is it possible that I can have a free consultation with Refunda?

At Refunda, our job is to help you get your money back from that scam. If we don't believe we can help you then we believe that we shouldn't charge you. It's that simple. We feel its nessesary to share thr risk with you throughout the full process and that's why we're prepared to put our neck on the line.

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