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  • New Regulator Rules for Fraud Reimbursement and What This Means for Crypto-Fraud

    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.

    From 7th October 2024, the Payment Systems Regulator (PSR) is bringing in a series of new rules for Authorised Push Payment (APP) fraud. Key amongst these changes is a new mandatory reimbursement framework in relation to banks and other payment services providers (PSPs). Previously, banks and PSPs were only bound to make voluntary refunds in…

  • What is the Cash FX 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.

    Cash FX Group (or Cash Forex Group) is a notorious name in the world of investment scams. Promising high returns through foreign exchange (Forex) trading, this company has drawn in many victims across the globe. As of 2022, Cash FX was ranked among the top 10 cryptocurrency scams by revenue, with an astonishing $145.5 million…

  • Cryptocurrency Regulation: What Countries Are Looking To Regulate Crypto?

    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.

    Since debuting in 2009, cryptocurrency has taken the world by storm. Despite being used for buying goods and paying for services, there is still some debate in countries all over the world as to how best to regulate its use, particularly when it comes to trading. Whilst most developed countries, such as the UK, Canada…

  • What Is Crypto Mining?

    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 investing has been an ongoing trend for some years now and, during this time, some people have made their millions whilst many others have lost theirs. Cryptocurrency trading is a tempting option to make some extra money and, whilst it isn’t too difficult to start trading straight away, this is however not recommended. Before…

  • Be Careful When Choosing a Recovery Company

    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.

    Hi, my name is Josh Chin and I am one of the solicitors here at Wealth Recovery Solicitors. It’s very important that when you come to us to try and help you recover any of your lost monies through either negligent advice from brokers or a pure scam you come to us at the strongest…

  • Are You Entitled to Compensation?

    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.

    Hi, I’m Josh Chin and I am one of the solicitors here at WRS. Today’s topic is to discuss whether you could be entitled to compensation. Interestingly, a lot of feedback we’ve had from our successful clients in recovering their money is that they didn’t actually know that they were entitled to compensation. We have…

  • Who are Wealth Recovery Solicitors?

    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.

    Hi, my name is Josh Chin, I am one of solicitors here at WRS. A bit background about myself and then we’ll go into what WRS does and why we were created. My background is I started my career at a couple of international law firms. I then did my training contract at a Manchester…