We have recently secured a huge victory for two of our clients, having successfully recovered over £10,000 each that had been lost as a result of investment scams!

Investment scams are a prevalent type of fraud whereby scammers trick individuals into investing in fake or non-existent financial opportunities. They often promise high returns, with little to no risk, preying on people’s desires to make quick profits.

Both clients were unfortunately tricked into sending their money under the guise of investing in cryptocurrency, having only realised they had been victims of these scams once contact with the scammer completely disappeared, along with their money. Our clients had both attempted to recover their money with no success, until they contacted us, here at SJS Legal Limited.

As a result of our expertise and tireless efforts, we were able to reunite our clients with their money, having successfully recovered over £12,000 from HSBC and a further £15,000 from NatWest.

Types of Scams

Scams come in many forms, and are constantly evolving, but certain scams remain prevalent due to their effectiveness in tricking people out of their hard-earned money. The most common scams that people face today are:

• Phishing Scams – Suspicious Links, urgent requests, poor grammar and unfamiliar sending addresses.
• Investment Scams – Too-good-to-be-true promises, pressure to invest quickly or unlicenced/unregulated offers
• Tech Support Scams – Unsolicited calls, unfamiliar phone numbers, or requests for payment via unusual methods such as gift cards or wire transfers
• Romance Scams – Reluctance to meet in person, constant requests for money, a sense of urgency in the relationship and love-bombing (very quick declarations of love, promises of marriage or moving in together, excessive attention and praise)
• Impersonation Scams – Unsolicited demands for payment, urgent requests for secrecy and high pressure tactics such as threatening police action.
• Employment Scams – Unsolicited job offers through social media (Facebook, Instagram, Telegram, WhatsApp), unusually high salaries for ‘no experience needed’ remote jobs, requests for upfront payments to begin work.
• Recovery Scams – Upfront payment for services, guarantees of 100% success, pressure tactics, requests for payment using unusual methods (gift cards or wise transfers), too much emphasis on ‘insider knowledge’, unsolicited calls, emails or messages.

How can you protect yourself?

These scams have soared in recent years with over £570 million was stolen in payment fraud during the first half of 2024 alone, find out more here Data from UK Finance’s 2024 annual fraud report. Therefore, it’s important to know the steps that you can take to protect yourself.

• Always be sceptical of unsolicited calls, emails or messages
• Never share your personal or financial information unless you are certain of the recipient’s identity.
• Verify the legitimacy of offers companies and requests for money before committing.
• Always use strong passwords and enable two-factor authentication on your devices where possible.
• Genuine employers will NEVER ask for funds upfront in order for you to begin work.
• Be aware of ‘love-bombing’ and requests for money when messaging people on dating websites and apps.
• Always ask yourself ‘is it too good to be true?’ if it appears so, then it probably is.
• Trust your gut – if something doesn’t feel right, then it probably isn’t.

Why Choose Us?

Here at SJS Legal Limited we have experienced professionals with in-depth knowledge to help you try and recover your money, with personalised support every step of the way. If you have been a victim of a scam in the last 6 years, we’re here to help.

Don’t wait until it’s too late – If you suspect that you have been the victim of fraud or a scam, contact us today for a consultation and let us help you to take back control.