If you are considering engaging with a particular investment firm or brokerage, or entering into a professional relationship with a business partner, you need to know who you will be dealing with. You need information. cryptiide knows how to find it. Likewise, if you are seeking to recover funds from an online merchant who has ceased communicating with you or has simply disappeared, you need to uncover as much information about that business as possible. Once again, cryptiide knows how to find it.
In fact, without such data, a fund recovery effort is essentially impossible. By employing advanced cyber tools and a team of seasoned investigation professionals, cryptiide is able to provide essential assistance to consumers confronting these scenarios. The objective of our research is to reveal:
Upon the completion of that task we will compile all that we have learned into a professional report that we deliver to you. Preparation can take from three to eight weeks, depending on the complexity of the case.
Cryptocurrency was conceived and designed to function independently of central banks. For that reason, no regulator currently has a mechanism to force a merchant to refund digital currency should a consumer wish to retroactively cancel a transaction.
Complicating matters is that cryptocurrency was also conceived and designed to be anonymous. The recipient may be completely unknown to the sender. Even if the recipient provides a name, it may be an alias. Moreover, online merchants in particular tend to pass a consumer’s crypto through multiple intermediaries, or “wallets.” Together, all these factors mean that it is an insurmountable challenge for consumers to identify who ultimately received a payment in digital currency without professional assistance.
By the time consumers discover that they have been dealing with wire fraud, the funds may have been transferred to several bank accounts, and it can be hard to trace the path of the original funds. This is why many scams are perpetrated on days where there are intervening bank holidays. They may transfer the funds from one country to another. By the time consumers may want to initiate a wire recall, their banks may be closed, while their funds are being laundered abroad where banks are open.
cryptiide‘s certified crypto forensics professionals utilize the latest technologies, together with our own proprietary databases, to trace where your coin was transferred. Our first step is to identify where your funds are and/or who cashed them out. This information is of critical importance and forms the foundation of your fund recovery effort. Simply put, without following the trail and identifying who received your assets, a fund recovery effort cannot proceed. Over 450 different law enforcement agencies in more than 50 countries have been able to pursue cases based on the evidence that cryptiide has uncovered for its cryptocurrency clients.
The reports we provide may not be used in any court of law. Their contents are for information purposes only. All information is owned by Cactil LLC. Reports may not be shared with any outside party without our express written permission.
Time is of the essence for a successful wire recall. Ideally, the customer will realize that the recipient is fraudulent before the transfer has been completed, and the wire recall can occur immediately. Given the lightning pace with which funds are transferred through online banking and the rarity that customers will discover they have been cheated so soon after paying, this type of preemptive wire recall is not common. Usually, customers have to employ detailed wire recall strategies after the transfer has already been made. The first step is to request a SWIFT recall at the bank (SWIFT, the Society for Worldwide Interbank Financial Telecommunication, can send a request for the wired funds that have been transferred to be returned.) The consumer can initiate a SWIFT recall by contacting the fraud department of the receiving bank and request that the recipient’s account be frozen for suspected fraud activity.
In addition, the consumer can ask the receiving bank for information on the additional transfer of funds so money laundering can be traced. If this sounds like a tall order, it is. Banks will not do this for just anyone who requests a wire recall and information. They will ask for evidence that the recipient is a fraud. Most consumers who make a wire recall request do not have this information handy. That is where cryptiide will help. We have performed extensive research on suspected frauds and will negotiate with your bank and provide evidence that you are a victim of wire fraud. Banks are more likely to respond to an experienced third party with a track record of wire recall success and a connection with other financial institutions. That is why you need experts on your side.
Wire recall is not a simple or brief process and requires reporting the fraud to authorities, getting information of where the money was transferred, working with those banks to trace and stop the further transfer of funds, and handling communication with law enforcement and government agencies. That is why cryptiide will increase the chances of wire recall success. We have expertise in all of these areas as well as a strong working relationship with banks and government agencies.
Can a wire transfer be recalled? Yes, with the right tools, strategies, and a top fund recovery agency on your side. Keep in mind that wire recalls are more complex than credit card chargebacks or debit card chargebacks. Wire recalls are subject to consumer protection and banking laws that vary from jurisdiction to jurisdiction. It can be difficult for someone new to the wire recall process to sort out all of these details and present a case that will be cogent and convince banks to reverse transactions. This can be a tall order, and it is not a good idea to go it alone.
You get just one chance to make a wire recall claim. Do so with the most effective advocates on your side. Keep in mind that the merchant also has rights as well as the customer and banks are reluctant to reverse transactions. They want to keep the merchant as a client, and therefore, will only agree to a wire recall if there is sufficient evidence presented by advocates who present a compelling case.cryptiide has engaged with more than 800 banks around the world. We understand the concerns of banks and present our clients’ cases using the jargon they understand. We have a long track record of success and work for our clients even in the most complex chargeback cases. Talk to cryptiide professionals today and take the first step toward chargeback success.
