Older Adults & Families · Lesson 13
Cryptocurrency, Digital Assets and Recovery Scams
Never pay a recovery service simply because it promises certainty. Independently verify any recovery professional.
- Cryptocurrency transfers can be difficult or impossible to reverse.
- Warning signs include guaranteed returns, secret opportunities, romance plus investment, fake trading platforms, requests to move funds to a special wallet and people claiming they can recover prior losses.
- Recovery scammers often target people who have already lost money.
Never pay a recovery service simply because it promises certainty. Independently verify any recovery professional.
This is Lesson 13 of the Financial Scams Education Series (Older Adults & Families). Continue with Financial Exploitation by Someone You Know.
This article is for educational purposes and is not legal, tax, insurance, cybersecurity, or law-enforcement advice. Scam tactics change. If you think you have been scammed, contact your financial institution immediately and consider reporting to appropriate authorities. Su Bella Vida is not a bank, broker, CPA, or law firm. Read our terms & disclaimer.