Your bank will often make it as difficult as possible but there are ways to increase your chances

It is a horrible moment when you realise you’ve been scammed but resist the temptation to hide in a darkened room – instead, immediately contact your bank. Once a fraud is reported, it should contact the bank operating the account to which your money was sent, and any that is left can be frozen.

Sadly, most scam victims will find their savings are long gone. This is where the battle to get some or all of it back from your bank begins. Completely wrongly, it is still something of a lottery as to whether your bank will refund you. However, you can dramatically improve your chances.

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