What if your investment were scammed what will you do?

If you suspect an investment scam, report it to the FTC at ReportFraud.ftc.gov. Report possible securities fraud to the SEC online. For tips on investing wisely and avoiding fraud, visit the SEC's website for individual investors, Investor.gov.

How do I get my money back if I was scammed?

Contact your bank immediately to let them know what's happened and ask if you can get a refund. Most banks should reimburse you if you've transferred money to someone because of a scam.

What can you do if you get scammed?

Report the scam to the FTC online, or by phone at 1-877-382-4357 (9:00 AM - 8:00 PM, ET). The FTC accepts complaints about most scams, including these popular ones: Phone calls. Emails.

What should you do if you feel you have been scammed?

Can I report a scammer to the police?

Report the incident to the classified site immediately, sending them as much information as possible about the ad in question as possible. They can retrieve and store information to pass on to the police. Report the incident to your local police station so that they can open a case.

What To Do If You've Just Been Scammed

How do I report a scammer in the Philippines?

For malicious messages, lodge reports to the NBI Anti-Fraud Division at (02) 8525-4093 or e-mail at [email protected]. You may also send a message through the NBI's website at www.nbi.gov.ph or their official Facebook account.

What's the punishment for scamming?

Fraud convictions bring with them the serious possibility of a jail or prison sentence. Though sentences differ widely, a misdemeanor conviction can lead to up to a year in a local jail, while a felony conviction can lead to multiple years in prison. Federal charges can lead to 10 years or more in federal prison.

Where do I report a scammer?

ReportFraud.ftc.gov is the federal government's website where you can report fraud, scams, and bad business practices. Visit consumer.ftc.gov to find tips and learn how to avoid scams.

Can a bank transfer be refunded?

There are two types of bank transfer refunds: follow-on refunds and stand-alone refunds. A follow-on refund uses information from a previous bank transfer. A stand-alone refund does not depend on a previous transaction. A follow-on refund must occur within a limited number of days of the request for the bank transfer.

How do I get my money back from an online purchase?

If you never got your order and the charge appears on your credit card statement, you can dispute it as a billing error. File a dispute online or by phone with your credit card company. To protect any rights you may have, also send a letter to the address listed for billing disputes or errors.

What is the punishment for scamming in the Philippines?

Any person who shall commit the act of phishing in the ihternet or instant messaging system shall be punished with imprisonment of not less than two (2) years nor more than ten (10) years, or a fine of not less than fifty thousand pesos (Php 50,000.00) but not more than five hundred thousand pesos (Php 500,000.00) or ...

What if a scammer has my phone number?

What to do if a scammer has your phone number. If the worst happens and a scammer gains access to your phone number, you still have options: Contact your service provider immediately and explain the situation. If need be, ask them to put a temporary freeze on your line so that scammers can't use your number.

How can you identify a scammer?

Can a person go to jail for scamming?

Online scamming crimes can be prosecuted as a misdemeanor or felony depending on the severity and amount involved. The penalty includes fines of up to $10,000 and a sentence of up to 3 years in jail.

Is scamming a crime?

Often, a scam can become both criminal and civil but, the criminal aspects are legal violations and harm to others that may occur at the same time.

What is the law for scamming?

The crime of Estafa or Swindling is punishable under Article 315 of the Revised Penal Code (“RPC”) and there are different forms of committing it. Estafa can be committed a) with unfaithfulness or abuse of confidence; b) by means of false pretenses or fraudulent acts; and c) through fraudulent means.

Can you file a case against scammer in Philippines?

Philippine National Police

You may report scams such as those related to online buying and selling, paluwagan, investment, pyramid, and other forms of online fraud. You may also seek the help of our local law enforcement authorities for criminal cases and others that require immediate and appropriate actions.

What is RA 8484 of the Philippines law?

Details. AN ACT REGULATING THE ISSUANCE AND USE OF ACCESS DEVICES, PROHIBITING FRAUDULENT ACTS COMMITTED RELATIVE THERETO, PROVIDING PENALTIES AND FOR OTHER PURPOSES.

How do I file a complaint in the Philippines?

How do scammer know your name?

Spammers often release information-gathering programs called “bots” to collect the names and e-mail addresses of people who post to specific newsgroups. Bots can get this information from both recent and old posts.

What information does a scammer need?

Much like a Social Security number, a thief only needs your name and credit card number to go on a spending spree. Many merchants, particularly online, also ask for your credit card expiration date and security code. But not all do, which opens an opportunity for the thief.

Why do people get scammed?

We often look to family, friends and even other consumers when it comes to decision-making, and scammers use this to their advantage by impersonating others in order to make a scam seem more credible to its target. A common example is fake product reviews on online shopping sites.

What if a scammer has my address?

Thieves will simply forward your mail to an address of their choosing, which can drop sensitive information like bank and credit card statements in their mailbox.

What happens if a scammer has your email address?

They Can Steal Your Identity

If your account doesn't contain sensitive business information, a hacker can instead settle for stealing your identity. A hacker can harvest a lot of information from your emails. Invoices have your name and address in plain view, and the scammer can collect any photos you may have sent.

Can a scammer hack my phone by calling me?

Can hackers hack your phone by calling you? No, not directly. A hacker can call you, pretending to be someone official, and so gain access to your personal details. Armed with that information, they could begin hacking your online accounts.