Recovery scammers hit you when you’re down: Here’s how to avoid a second strike

This article discusses the growing problem of ‘recovery fraud,’ where scammers target individuals who have already been victims of fraud, exploiting their desperation to get their stolen funds back. These scams typically involve impersonating recovery services and demanding upfront fees, often using tactics like sucker lists and social engineering to pressure victims. The scams are fueled by a common goal: a ‘second strike’ against vulnerable individuals. With over 7,000 reported cases in the US in 2024 resulting in over $102 million in losses, vigilance and awareness are crucial to avoid falling victim.