Wealth Recovery Experts
Here is another scam rescue service, operating (allegedly) out of Wilmington Delaware
Lets see what the FCA say about them: https://www.fca.org.uk/news/warnings/wealth-recovery-experts
Warnings First published: Last updated: 15/12/2020 Very recently reported, but
We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.
However, some firms act without our authorisation and some knowingly run investment scams.
This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.
Wealth Recovery Experts
Address: 919 North Market Street, Wilmington, DE, 19801, USA
Telephone: UK +44 20 8059 9547, 02035143566, 02080592678, USA +1-302-298-1559, AUS +61-261-450-978
Email: firstname.lastname@example.org email@example.com firstname.lastname@example.org email@example.com firstname.lastname@example.org email@example.com
OK so they are not regulated, but that doesn't necessarily mean that they're bad. They should know that they are acting outside of their remit by offering these services in the UK without FCA registration, but they might just be desperate to help...?
That is certainly the message they give on their website:
With our vast experience comes confidence. Contact us now to see if you qualify for our unique No-Win-No-Fee guarantee.
a particularly cruel scam has been created: false Wealth Recovery companies. When the scammers realized the tremendous loss to THEIR bank accounts as successful and effective wealth recovery companies, like Wealth Recovery Experts, repeatedly helped victims recover their money…the scammers created their own false wealthy recovery firms. The scammers assumed if they were cunning enough to steal their victims money with false trading, why not steal even more when posing as a wealth recovery firm?!
With impressive websites and sleek salesmen, these scammers will promise victims a quick return of their lost funds, even in scenarios where recovery is not an option, in exchange for a large “consultant” fee. Sadly, those who fall prey to these “firms” not only do not see their initial funds again, but they are now victims of a new scam.
Wealth Recovery Expert was born out of honesty, integrity, and desire to see victims become the victor! With a large team of experts in finance, trading regulations, and payment processing, Wealth Recovery Experts will guide you in the precise steps necessary to get your money back.
It all sounds very promising. They advertise on Google using search terms, so they know that you might be in the UK as you can choose which territories you advertise to.
Their FaceBook Page is more alarming - they have a Wealth Recovery Expert video. Now why would you want a video? A video is a way of immersing someone in something and communicating emotion. A way of bypassing logic and common sense, and getting a quick and uncertain sale. Why would you want that as a legally bound financial services company? Surely the worst kind of customer is one that is going to send you out on a wild goose chase under 'no win no fee' terms.
Their first FB post was 7/11/2019 so they are very new to FaceBook.
They now have a page explaining that they cannot deal with UK residents.