Learn more with
Knowledge Hub
See our latest news, read our success cases and get to know more
about Wealth Recovery Solicitors.
Media Features
As seen on:
We work tirelessly to help our clients regain lost finances and investments and, as a result, our work has featured in some of the industry’s leading publications. Some of our news features are below. Click each snippet to read the respective article in full.
Failed property investments are often used by scammers and taken advantage of. Scammers market themselves to the victim as being an alternative investment or come with the offer of guaranteed returns or buy back arrangements from previous investments. One of the names we’re hearing more about is High Street Group – a property firm which…
Pig butchering scams are becoming a fast-evolving online scam, focused on fake romances and crypto investments. These fraudulent schemes, which evolved in Asia, have now reached all corners of the globe and have resulted in the loss of billions. Pig butchering scams are one of the most evolved and impactful scams currently in circulation, with…
The growing technology surrounding deepfake has caused some concerns, as it can be used for criminal activities such as stealing money and assets. It blurs the lines between truth and fiction with deepfakes becoming more convincing as technology advances further, meaning it could soon get to the point where it’s impossible to tell the difference.…
The Blog
Latest News
Failed property investments are often used by scammers and taken advantage of. Scammers market themselves to the victim as being an alternative investment or come…
Pig butchering scams are becoming a fast-evolving online scam, focused on fake romances and crypto investments. These fraudulent schemes, which evolved in Asia, have now…
The growing technology surrounding deepfake has caused some concerns, as it can be used for criminal activities such as stealing money and assets. It blurs…
We all know the names of the leading high street bank providers, but for HNWI (high net worth individuals), these banks might not always offer…
SIM swap fraud has grown in popularity recently. With there being over 7 billion smartphones in the world, accounting for around 80% of the population,…
Job searches now primarily happen online, with job hunters taking to recruitment sites or forums and social media groups in an attempt to find roles.…
At WRS, we know all too well that making the wrong trading decisions can lead to a loss in finances, but often this is due…
In the digital age, the risks and threats have evolved with it, including romance scam tactics, are no exception. The internet has become a breeding…
The cryptocurrency landscape has been a common place for phishing scams and complex fraud issues. Unfortunately, more and more traders are falling victim and losing…
Frequently asked questions
At Wealth Recovery Solicitors, we deal with a wide range of trading and investment losses and queries and have recovered millions of pounds for our clients so far. Our team is highly experienced in resolving trading scams, but we understand that when you’re in the process of making trades and investments, you’ll naturally have some questions. We want to help you learn about trading and here, we take a look at some of the most frequently asked questions that investors may have.
What is Cryptocurrency?+
Cryptocurrency is a form of digital or virtual currency, which is secured with cryptography to make trusted transactions. Cryptocurrency uses blockchain technology which then functions as a ledger for the transactions which have been made. There are hundreds of different cryptocurrencies in circulation, including Bitcoin and Ethereum.
Each form of cryptocurrency is designed by an individual and it is usually meant to run on a decentralised system, meaning that no one entity can control it. Cryptocurrency is an unregulated platform and, although this can bring trading rewards for some investors, it does also involve risk. Cryptocurrency scams are very common, so it is important to learn more about the processes involved before investing money.
What does a cryptocurrency broker do?+
A cryptocurrency broker enables you to buy and sell cryptocurrency with an extra level of protection. Without a broker, you may not be making safe trades and investments. Using a cryptocurrency broker can also be a way in which you can avoid falling victim to trading scams.
How do I know a broker is regulated?+
In order to ensure that your trades are protected, then it is important that you use a regulated trading broker. In order to ensure that a broker is regulated, then you should start by determining the broker’s name and country of operation. If you are looking for a UK broker, then they must be authorised and regulated by the Financial Conduct Authority (FCA).
Can you lose investments to a regulated broker?+
Yes, you can unfortunately lose your funds and investments by trading through some regulated brokers. When it comes to making trades and investments, most brokers will be confident and have experience in making the trades they recommend.
However, unreputable or inexperienced brokers who act on their client’s behalf and have been asked to make trades they have been instructed to will make their own decisions on what to invest in. This is done in the belief that the risk will pay off and they can benefit from the extra returns. This approach though can often have the opposite effect and, in most cases, the client’s money will be lost.
Another way in which investments can be lost when using a regulated broker is through simply not being experienced enough to make trades on behalf of a client. Instead of making trades using a tried and tested strategy, they will instead trade on their instincts.
Contact Us
Get in touch
If you’d like to get in touch, please get in touch with the information provided below
Phone
2342342342
support@refundquest.com
Office
6th Floor, Spinningfields, 3 Hardman St, Manchester, M3 3HF