How To Get Your Money Back After Being Scammed Online

Falling victim to binary options trading scams (and other types of scams) and having your credit card cloned can be annoying and distressing.

If your money was stolen from your account, there are steps you can take to get the money back.

You need to report the crime so that your bank can work on helping you get the money back.

So, if you have been duped by online scammers, this article will walk you through how you can report it.

You will also learn other things you can do to get your money back.


How Did The Fraudster Receive The Payment?

The most important question you will be asked is: “How did the scammer receive the payment?” The answer you give to this question will determine the person you will need to contact to get your money back.

In most cases, you need to contact the seller first.

If that does not work, then you can explore other avenues.


Payment made through bank transfer

If you are a victim of binary options trading scams (or other forms of scams) and you paid the scammer through a bank transfer, you need to get in touch with your bank to inform them of the crime as soon as possible.

Depending on a series of factors, your bank might be able to stop the transaction from being successful.

Similarly, if you detect any unauthorized transaction in your bank statement: one that you cannot recognize, you need to ask your bank to look into it.

Depending on the circumstances surrounding the issue, your bank may be able to refund you.


Debit card

If you buy something online with your debit card, but you did not receive the item, it was fake or faulty, or it was different from the description, the first person you need to contact is the seller.

If this does not yield any tangible result, then you can go ahead and ask your bank if they can do anything to help.

For instance, your bank may decide to help you apply a chargeback.

This will be determined by the circumstances and the bank’s discretion.

A chargeback occurs when your bank claims money back from the seller’s bank and refunds you with the stolen fund.

Ensure you contact your bank as soon as possible.

The bank may not be able to do anything 18 months after the seller (or scammer) received the payment.


Credit card

You can also request a chargeback when you buy things with your credit card.

This is only possible if the things you bought are below £100.

For fraudulent transactions that were between £100 and £30,000, Section 75 of the Consumer Credit Act might cover you.

This implies that you can apply to the seller and your credit card issuer to ask for your money back.

However, the company can only issue only one refund.

Note that there is no guarantee that this will work.

Your circumstances and your lender’s discretion will determine the outcome.

If you have complained to your bank or lender and you have not gotten a response within eight weeks, or maybe you do not like their response, you can take the matter to the appropriate financial institution or authority.



As stated on the official PayPal website; the first point of contact (after a scam or a fraudulent transaction) is the seller or receiver of the payment.

You can raise a dispute with PayPal through the Resolution Centre by logging in on the website.

If you are not able to resolve the issue with the seller, you can escalate the matter within 20 days of the initial complaint being made.

In some cases, you may be refunded your money via the PayPal Buyer Protection Scheme.

This may be possible if you used PayPal to purchase an item that wasn’t delivered (or to make a payment that turned out to be a scam).

This will not work if you pay through a cloned PayPal website.


Wired payment

Unfortunately, if you pay scammers by wiring the payment to them, the chance of getting your money back is slim.

PayPoint and Western Union are examples of wire services.

If you find yourself in this situation, visit the wire service provider’s fraud section to see if they can help.


Are You Unable To Get Your Money Back After A Scam?

Different banks have different policies on refunding money that was stolen through a fraudulent transaction.

However, all banks are expected to protect your money.

If you feel your bank did not handle your case properly, you can challenge their decision.


Let Global Assets Refund Help You Get Your Hard-Earned Money Back

The entire world is now making use of the internet for trades and all forms of business.

The internet is one of the riskiest markets because it makes it almost impossible to retrieve your stolen money if you end up falling prey to binary options trading scams and other types of scams.

Therefore, most people that have been scammed end up doing nothing against the scammers while the con artists go ahead to wreak more havoc.

Here at Global Assets Refund, we realized the need to take action against such scammers and become the light for innocent people.

That’s why we took it upon ourselves to bring such scammers to justice and do all it takes to ensure that innocent people got their money back.



Now you know what you can do to get your money back if you fall victim to binary options trading scams (or other scams online).

Global Assets Refund has a team of professional lawyers, traders, as well as dedicated psychologists that will walk hand-in-hand with you to retrieve your stolen money.

Our experts will embark on all possible tasks and scenarios to get your hard-earned money back.

We are ready to customize our service to align with your budget.

So, don’t lose hope that there’s no one to help you.

We are here to help you get your money back.

We are dedicated to serving you in the best way possible.

Global Assets Refund are experts at getting stolen money back for victims of scams.

Get in touch with us today for more information.


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