There was a time when cross-border currency exchange was only limited to a few applications like Paypal and Western Union. Everything has changed now, and we are seeing many new companies who are helping in these kinds of transactions. First Option Recovery finds out that one of the most popular money transfer applications, TransferWise, indulges in a severe scam that very few customers.
Although TransferWise commits to the fact that it can send money to a different overseas bank account up to 8 times lesser than that of bank charges, we have some severe doubt regarding this application. Do read this article till the end to find out what we know so far about the TransferWise scams.
First Option Recovery, a firm dealing with scams of all kinds worldwide (also included TransferWise Scams), has been in the business for over a decade with more than 3000+ cases handled and over $19 million recovered.
The firm, headquartered in Albany, New York, is at its forefront handling all the complex financial cases with ease and professionalism and a 90% above success rate. Our unique methodology of dealing with crypto scams (primarily bitcoin scams) has made us the numero uno choice among all fund recovery programs worldwide.
IS TRANSFERWISE SCAM OR LEGIT? HOW DID IT ORIGINATE, AND HOW DID IT GET CAUGHT?
Our team at First Option Recovery decided to use TransferWise services, and guess what? We found out something was fishy. The transfer should be complete. When we checked our account today, we realize that the money has still not come back into our account.
The very next day, we call their customer support. Although the support was extremely laggy and unknowledgeable in nature, they said they needed further documentation and would contact us in a day or two, one of the first signs of the TransferWise scams.
We found out that they never transferred the money. What the company did was that they returned the money but took a small commission out of the lot. The company never transferred the money in simple words and took the commission.
It was not only with us but thousands of our customers when they wanted to transfer their money. First Option Recovery highly suggests you stay away from the TransferWise scams. They also have a pretty messed up customer service where they don’t respond appropriately to customer requests and have long waiting times.
If the company had better customer service where they would be vocal about how they had lost the money in the transfer and how they took a small commission out of it without us knowing, no would have suspected TransferWise Scams. Who knows, the commissions could be huge depending upon the amount of money transferred.
WHAT TO DO IF YOU HAVE BEEN A VICTIM OF THE TRANSFERWISE SCAMS?
Despite all the warnings, we might lose our money in the TransferWise Scams, no matter how many precautions we take. You can file a complaint with the regulatory authorities, but we think it would be of no use. The best option is to contact us here at First Option Recovery.
Our firm has been a nightmare for all the fraudulent forex brokers worldwide. It has been steadfast in improving its presence on a larger scale, the fantastic team of attorneys, bankers, and private investigators who have been a part of the team for more than a decade.
We are ready to help clients recover funds from all kinds of scams across the globe. Not just bitcoin scams, we specialize in other binary options scams recovery. With a presence in over 22 countries and counting and a top-class team of attorneys, bankers, and private investigators, you can expect the best-in-class services from us without an iota of doubt.
We do make sure that you sign a confidentiality agreement before we agree to work on your case so that all your information is sealed from top to bottom, and our No Win No Fee guarantee will make sure that the money reaches you only we get our due credit.