Sheffield Ross understand the devastating impact a fraud or scam can have on its victims. Firstly, there is an immediate financial loss when money, often large sums of cash or cryptocurrency, is lost to scammers. Secondly, and perhaps most importantly, is the emotional impact, when people realise they’ve been duped, many of whom feel embarrassed or ashamed about what’s happened. However, if you’ve fallen prey to a financial or crypto scam you are not alone. According to UK Finance, hundreds of millions of pounds worth of authorised payments are transferred to scammers every year in the UK. There has been a substantial increase in scams in recent years, with the trade association for the UK banking and financial services sector describing it as ‘a national security threat’. However, if you’re among those people who’ve suffered as a result of a fraud or scam, then there are steps we can take to recover your money.