Wealth Recovery Solicitors

Frequently Asked Questions

• What does Wealth Recovery Solicitors do?

  Wealth Recovery Solicitors (WRS) is an SRAregulated law firm specialising in financial dispute resolution, commercial litigation, professional negligence claims, and the recovery of funds lost through scams and fraud. Our core areas of expertise include fraud and scam recovery, professional negligence claims, and commercial litigation. Whether you have been the victim of a scam, let down by a professional, or are facing a commercial dispute, we have the expertise to help. We combine legal expertise with tracing capabilities to maximise your prospects of recovery. Our focus is singular: recovering your wealth.

• What types of scams and fraud do you handle?

  We handle claims involving APP fraud, investment scams, cryptocurrency fraud, romance scams, bank transfer fraud, clone firm scams, purchase scams, impersonation fraud, and pension scams. These cases often involve urgent action, detailed evidence, and clear legal strategy. Our asset recovery solicitors can review your circumstances and advise on the most suitable next step.

• Can you help if I’ve already tried to recover the money myself?

  Yes. Many clients come to us after unsuccessful attempts to recover funds directly from banks, exchanges, or other parties. We can review what has been done, advise on any further options, and take over the recovery process on your behalf.

• I’ve already reported the fraud to the police or Action Fraud – can you still help?

  Yes. Reporting fraud to the police is an important step, but criminal investigations can take a long time and do not always result in the recovery of your money. Civil recovery is a separate process that can run alongside any police investigation and often offers a more direct route to getting your funds back. We can advise on how civil action can complement any ongoing criminal proceedings.

• How does the no win, no fee arrangement work?

  For most fraud and scam recovery cases, we act on a no win, no fee basis. This means you pay nothing upfront and our fees are only deducted if money is successfully recovered for you. We explain all fees clearly before work begins so you know exactly where you stand.

• Is there a time limit for bringing a claim?

  Yes. Different types of claims have different limitation periods, typically ranging from three to six years, or potentially longer, depending on the nature of the claim. However, the clock may start running from different points depending on your circumstances. It is important to seek advice as soon as possible to ensure you do not lose the right to pursue recovery. Even if you are unsure whether you are still within time, we can advise on your position.

• How long will my case take?

  Timescales vary considerably depending on the complexity of the case, the number of parties involved, and whether the matter settles or proceeds to court. Some claims resolve within a few months through negotiation; others, particularly complex fraud or tracing cases, may take considerably longer. We will give you a realistic assessment of likely timescales at the outset and keep you informed throughout.

• How do I know Wealth Recovery Solicitors is a legitimate law firm?

  Wealth Recovery Solicitors is regulated by the Solicitors Regulation Authority, which sets strict standards for law firms in England and Wales. Our SRA registration, client account protections, and professional indemnity insurance offer safeguards that unregulated recovery agents cannot provide. You can verify our status directly through the SRA before starting your claim.

• Do you offer a free initial consultation?

  We can offer an initial consultation to assess your case and discuss your options. Please contact us to discuss the arrangements for this consultation and whether any costs may apply.