Victims who been defrauded and paid scammers by Western Union are being warned to watch out for fraud recovery fraud after a multimillion-dollar settlement in the US.
What is fraud recovery fraud?
Fraud recovery fraud is when someone who has been a victim of fraud in the past is contacted again by fraudsters. They pretend to be a government, police or law agency that can help recover the money that was lost, but ask for a fee to get it back.
What does this multimillion-dollar settlement in the US mean?
As a result, £437 million ($586 dollars) is being held by the US Government to reimburse victims of fraud that involved a wire transfer via Western Union.
Although Action Fraud have not currently received any reports, we believe that fraudsters will use this court settlement to...
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