What’s the best way to recover from a scam?
On Reddit, a user recently asked for help recovering from a credit card scam. The poster was more concerned with the emotional impact than the lost funds.
The person who posted expressed embarrassment about falling for the scam and didn’t know how to recover from the experience.
Respondents offered many good ideas: Try to recover the money. Focus on positive things in your life. Forgive yourself for making a mistake. Many assured the individual that anyone can fall for a scam and emphasized that there’s no reason to feel shame.
Experts on financial fraud and identity theft agree with that sentiment.
“The scammers are bad. You’re not bad. You were lied to,” says Eva Velasquez, president and CEO of the Identity Theft Resource Center. “We are all vulnerable.”
Even a fraud expert could fall for a scam, she adds.
That’s why knowing how to bounce back from a financial scam is the key to getting past it. Here’s how fraud experts say you can recover:
Keep track of exactly what happened
“Gather as much detailed information about what occurred as possible,” Velasquez says. Try to remember what you clicked on or who you interacted with. Those details can help determine the best way to proceed.