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How to Recover from a Financial Scam

Falling victim to a scam can feel overwhelming, but knowing what to do next is crucial. Acting quickly and following the right steps gives you the best chance of recovering stolen funds and protecting yourself in the future. Time is crucial when dealing with financial scams. Take immediate action if you think you’ve been scammed to minimise further damage. If you’ve shared personal information, contact your bank or building society right away to report the fraud and freeze your accounts. If scammers have posed as someone you trust, such as a family member or adviser, let them know in case…
David Gallagher
September 15, 2025