Home Business ReportScam Helping to Make Fund Recovery From Scam Brokers Possible

ReportScam Helping to Make Fund Recovery From Scam Brokers Possible

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USA, September 20, 2021 /EINPresswire.com/ — The Federal Trade Commission noted earlier this year that romance scams reached a record $304 million during 2020. This indicates a 50% increase from the previous year. For the average individual this translates into a median dollar loss of around $2,500. The Federal Trade Commission notes that for three years running people have reported losing more money on romance scams than any other fraud type. Fortunately, victims of fraud have an opportunity to recover their losses through a dedicated fund recovery platform.

ONLINE COMMUNITY TO HELP VICTIMS OF SCAMS

ReportScam is an online community which dedicates itself to help persons who suffered financial losses due to scams. There are numerous types of scams, Peter Karda, a spokesperson for ReportScam, notes: “It is the victim only who knows the pain which he/she suffers due to the fraud. It affects…

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