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  • How To Avoid Falling For A Scam On Revolut

    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.

    Revolut is a fintech company that offers banking services all around the world, with over 40 million customers now using the platform. As with most online platforms, if you don’t know what to look out for, you could fall victim to a scam on Revolut. We’re here to introduce a few things you should know…

  • What Is The Definition Of Fiat Currency?

    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.

    The adoption of cryptocurrency is increasing and how they are being used is becoming more widespread. As such, questions continue to arise about how cryptocurrencies, as well as other digital currencies, relate to fiat currencies. Fiat money is a government-issued currency which is not backed or upheld by physical objects, such as gold.  Long-term investors…

  • Is Your Bank Signed Up To The CRM Code?

    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.

    APP scams (authorised push payment) are a huge problem and the number of those being affected by the scam is on the rise – just last year, victims increased by 22% compared to the year previous. As a result of so many bank users falling victim, in 2019 the CRM code, or the contingent reimbursement…

  • What Is A Social Engineering Scam?

    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.

    One of the most common themes across almost all the scams we see is the use of manipulation. Criminals will do all that they can to trick and convince victims into parting with their money or personal information and social engineering scams are no different. Human emotion is perhaps the easiest vulnerability to exploit and…

  • New Regulations and Guidance: Keeping Up With Crypto Around The World

    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.

    Cryptocurrency regulation continues to evolve as the world is learning how to govern this ‘asset’. Recent months have seen significant developments in regulatory frameworks and enforcement actions,  recognising the importance of crypto regulation in safeguarding consumers and maintaining financial stability. Due to the lack of secure regulatory framework and growing popularity of crypto around the…

  • What Are Trading Bot 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.

    Trading fraud is currently on the rise with many criminals seeing it as a lucrative money making scheme. Trading bot scams are just one of the ways being utilised for these fraudulent tactics, as it’s an easy way to steal money from new investors. Whether there’s a whole team that runs a trading bot operation…

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    Our Guide To Crypto Scams To Be Aware Of

    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.

    The UK has recorded losses to crypto fraud surpassing £300,000,000 (year-end March 31, 2023), according to Britain’s fraud reporting agency which is an extreme 40% increase over the past year. Crypto related fraud accounted for more than 40% of all reported crimes in England and Wales last year. Companies like Tesla and Square have added…

  • Is It Worth Making A Complaint To The Financial Ombudsman?

    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 Wealth Recovery Solicitors, we work alongside other financial recovery service providers to help clients claim back lost funds. The Financial Ombudsman is one of these providers, who works to provide a solution to funds lost by businesses that are regulated by the Financial Conduct Authority (FCA).  In newly published data, it shows that in…

  • Super Profit 8: 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.

    There are hundreds, potentially thousands, of different cryptocurrency scams currently in circulation, but here at WRS, we’re dedicated to helping our clients recover their lost funds, no matter which scam it is that they have encountered. One that we’re beginning to hear more about is Super Profit 8 – a relatively new scam involving an…