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    Taking Down The LabHost Scam: What We Know So Far

    With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.

    At WRS, we deal with clients who have lost money through scams, such as phishing scams, and we work to trace and recover funds lost. However, we rarely hear of cases where these schemes are stopped. In the past few weeks, one of the biggest phishing scams, LabHost, has been shut down thanks to the…

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    What Are Airdrop Crypto Scams?

    With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.

    We’re seeing an increasing number of clients coming to us after losing money through airdrop crypto scams. Airdrop scams involve fraudsters using fake websites, emails and social media profiles in an attempt to trick victims into claiming a fake airdrop. Typically, this will include the airdrop scammer convincing users to connect their wallets to a…

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    What Are Banks Doing About APP Fraud Reimbursement?

    With Revolut bank scams, we’re receiving more cases from people who have lost money through Revolut involving cryptocurrency, or who are struggling to get Revolut refunds after a scam.

    It was recently announced that British banks will now be allowed to hold payment transfers for an additional three days, if the bank believes that a customer is being scammed. As well as this, the minimum amount for APP fraud reimbursement has increased to a maximum of £415,000 from October 2024. Whilst this is a…