Recovery scam
Plain definition. According to FINRA, recovery scams typically start with someone offering to help you recoup money lost in an imposter or other type of investment scam, and they can often lead to even greater losses.
Technical definition. FINRA says recovery scams typically begin with communication from someone offering to help recoup money lost in an imposter or other type of investment scam, and that they can often lead to even greater losses. As part of these schemes, fraudsters may pose as a regulator or reference FINRA or another entity to retarget investors who have already been defrauded.
On this site
On this site, Recovery scam comes up in My XRP transfer hasn’t arrived or went to the wrong place. What now?, How do I spot and report an XRP scam, and what do I do if I’ve been scammed?, My XRP was stolen. Can I recover it?, Someone says they can recover my lost crypto for a fee. Is it real? and How do I find or recover old XRP (a paper wallet or a forgotten service)?.
Source
Protecting Yourself From Regulator Imposter Scams | FINRA.org (finra.org), read October 1, 2026.
Pages that cover Recovery scam
- Someone says they can recover my lost crypto for a fee. Is it real?
- How do I find or recover old XRP (a paper wallet or a forgotten service)?
- How do I spot and report an XRP scam, and what do I do if I've been scammed?
- My XRP transfer hasn't arrived or went to the wrong place. What now?
- My XRP was stolen. Can I recover it?