Fraud Recovery Fund

 

Fraud Enforcement and Recovery Act Scam: How It Works

(with video below) Be aware of the Fraud Enforcement and Recovery Act Scam aka the Victims of Crime Compensation Fund Scheme happening these days. It could be an email or a phone call. It could affect you regardless if you've been a past victim of a fraudulent activity or not. Many scam emails and conversations with the scammers are posted in the Comments section below. How does the scam work?

Watch the video below to see in action the Victims of Crime Compensation Fund Scam exposed:

Victims Of Crime Compensation Scam Video

In their approach, criminals falsely reference the Fraud Enforcement and Recovery Act Law, to make targets believe they're talking about an official government action. Let's look into more details.

Soon after losing money to scam, a victim is contacted by someone claiming to be a law enforcement officer. The victim is informed that a series of scammers have been arrested and luckily most of the funds have been recovered.

In reality, the sender of the message is the same scammer but now is impersonating an authority in the country/state the scam came from, such as EFCC Nigeria (Economic and Financial Crimes Commission) or even a personality like Michelle Obama!

The victim is guaranteed recovery of the money once providing all the necessary documentation (ID as "proof they are the real victim") along with a "processing and insurance purposes fee". This way, the victim not only is scammed again, but gives all their personal information to the scammers as well.

 

Typically, the scam emails come with a subject title such as: "United Nations Scam Victims Compensation Payment" or "Fraud Enforcement and Recovery Act: Your payment". There is an example of such e-mail, featuring the first title:

SCAM VICTIM COMPENSATION PAYMENT VIA ATM CARD.
BANK OF AFRICA/UNITED NATIONS
2012 COMPENSATIONS PAYMENTS DIRECTIVE.

ATTN:Sir/Madam.

SCAMMED VICTIM/1 MILLION BENEFICIARY.REF/PAYMENTS CODE:06654 1MILLION USD

This is to bring to your notice that I am delegated from the United Nations and Bank Of Africa to pay 100 Benin Republic 419 scam victims $1 Million each, you are listed and approved for this payments as one of the scammed victims,get back to us as soon as possible for the immediate payments of your $1 Million compensations funds.

On this faith full recommendations,I want you to know that during the last UN meetings held at Proto Novo,Capital Of Benin Republic,it was alarmed so much by the rest of the world in the meetings on the lose of funds by various foreigners to the scams artists operating in syndicates all over the world today,in other to retain the good image of the country,the president of the country is now paying 100 victims of this operators $1Million USD each,Due to the corrupt and inefficient banking systems in Benin Republic,the payments are to be paid by Bank Of Africa as corresponding paying bank under funding assistance by the National Westminster bank London.

According to the number of applicants at hand,84 beneficiaries has been paid ,half of the victims are from the United States and Asia,we still have more 16 left to be paid the compensations of $1Million each. Your particulars was mentioned by one of the syndicates who was arrested in Cotonou as one of their victims of the operations,you are hereby warned not to communicate or duplicate this message to him for any reason what so ever,the US secret service is already on trace of the criminal,You can receive your compensations payments via ATM CARD PAYMENT. Furthermore you are advice to reconfirm you billing address include your full name and direct contact telephone number to the Managing
Director Swift Card Consultant Payment Center for the certified ATM Card, the contact information is as follows:

MANAGING DIRECTOR SWIFT CARD
CONSULTANT PAYMENT CENTER.
GROUP BANK OF AFRICA COTONOU BENIN
Email:(rev.marcusmiller@livemail.com.bd)

 

How to avoid the Victims of Crime Compensation scam:

Have you ever heard the expression: "Fool me once – shame on you, fool me twice – shame on me?" If you just receive this out of the blue, just delete it. Bad grammar in an 'official' letter is never a good thing.

 

How to report the Victims of Crime Compensation scam:

Make your family and friends aware of the  Fraud Enforcement and Recovery Act Scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission using the link below:

Report Scammers To The FTC Here


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donald powell

i was contacted by capital alliance financial for the sale of my timeshare and also provided a contract with the sale of property, they asked for a refundable processing fee of 2560.00. 3 days later i was contacted by the director of the company, isabella moran 313-989-2107 and she stated the property was sold and she had the fonds i was to recieve, which was 14,800 and 2860.00, totaling 17,386.00 however due to michigan laws they stated that taxes need to be paid on the funds for sale of property@ 18%=2660.00. i have never recieved anything from them and only… Read more »

Jony

Hello here is other scam recover founds I have more prove make me lose 500$ and when I pay they asking for more money. hyiprecover@gmail.com.

Frederic Stratton

Hello: I was also contacted by a person claiming to be isabella moran. My story is the same as Donald Powell’s. This person contacted me on May 13, I believe, and I was to receive a total of 15,000 + 2560, totalling 17,560. I was also told that I needed to pay taxes on the property and would then receive my check on Tuesday, May 27, right after Memorial Day, 2013. I lost over 4,000 dollars due to this interaction and never received any check. Isabella Moran contacted me a couple of months later, claiming she had been in the… Read more »

Heather

How can I tell if I have been scammed again ? I strongly think I have been. I was contacted by someone who said he was a lawyer and had been trying to reach me about the two companies I had been scammed by. He was well versed in all the details and sounded very convincing. He called from Phoenix, AZ on a cell phone with a San Diego address. I could not find anything on the Phoenix address or the name he gave me-Online Scam Recovery. Sounds off to me.

Aurel

Yup, I got one today where they told me I’ve been in contact with criminals and I am entitled receive money back. Here is the email: Federal Bureau of Investigation Counter-terrorism Division and Cyber Crime Division J. Edgar. Hoover Building Washington DC JAMES B. COMEY Attention Beneficiary, Records show that you are among one of the individuals and organizations who are yet to receive their overdue payment from overseas which includes those ofLottery/Gambling, Contract and Inheritance. Through our Fraud Monitory Unit we have noticed that you have been transacting with some impostors and fraudsters who have been impersonating the likes… Read more »

THEODORE KIRK

I THEODORE KIRK HAVE BEEN NOTIFIED MANY TIMES OVER THE YEAR TO SEND MONEY AGAIN JUST LIKE THE FIRST ONE YOU PROVIDED IT HAPPENED TODAY 12/29/14 FOR 50 DOLLARS WESTERN UNION AGAIN THEY CALLED ME # 22999940994 DIRECTOR MANAGING SWIFT CARD BANK OF AFRICA COTONOU BENIN THIS IS GOING ON MUCH TO LONG I HAVE A LIST OF ALL CONTACTS, CONTRACTS ETC. PLEASE REPORT THANK YOU THEODORE KIRK

John

I got this today as well, from james B Comey Jr. :))) Federal Bureau of Investigation Anti-Terrorist and Cyber Crime Division J. Edgar Hoover Building 935 Pennsylvania Avenue, NW, Washington, D.C 20535-0001, USA Service Hours / Monday to Saturday: Attention We bring to your notice that your Email address has been in our database of scammed victims for a long time, Due to complains by individuals and Governmental agencies, an emergency meeting was held at the United Nation Building in New York with the general secretary of the United Nation Ban Ki-moon and Heads of the Federal Bureau of Investigation… Read more »

Vigilant

This SCAM is back… only with EVEN WORSE grammar. At least the scammer provided my morning chuckle before his email made its way to the trash. On the other hand, maybe I should respond and give them my "home address" which could be a vacant field or a house under construction. Reply-To: From: "SCHNEIDER" Subject: ALERT NOTICE FROM UNITED NATIONS AND WORLD BANK Date: Tue, 10 Feb 2015 23:24:23 -0700 This is to alert all FOREIGN BENEFICIARIES that the UNITED NATION [UN] has approved and mandated I Mark Schneider the secretary in charge of fund release department United Nations Europe,Asia/America.,… Read more »

Miranda Darrah

this is what I received, two weeks AFTER i was scammed, these fuckers need to rot in hell!!! WORLD FUND INVESTIGATION DIVISION(WFID) LONDON-UNITED KINGDOM Email: workinimfun@representative.com Attention: Scam Victim , I am authorized by the newly appointed World Fund Investigation Division(WFID) Secretary General, and the Governing body of the United Nations Debt Reconciliation Unit, to investigate the unnecessary delay on your payment, recommended and approved in your favor. During the course of my investigation, I discovered with dismay that your payment has been unnecessarily delayed by corrupt officials of the Bank and Government regulatory organization in the United States who… Read more »

Pita

Here is another scammer claiming to be helping victims of fraud with compensation – Mrs. Adekunle Bukky from admin@atsystech.com! Here is the text: United Nations/IMF Assisted Program Directorate of International Payment United Nations Liaison Office – Africa Dear Scam Victim, Beneficiary: This is to bring to your notice that I am a delegate from the United Nations to The IMF (International Monetary Fund) West Africa Regional Payment Office to pay 521 scam victims $2,600,000.00 USD (Two Million Six Hundred Thousand Dollars only) each. You are listed and approved for this payment as one of the scammed victims to be paid… Read more »

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