{"id":27135,"date":"2024-02-07T10:53:15","date_gmt":"2024-02-07T15:53:15","guid":{"rendered":"https:\/\/worldjusticenews.com\/news\/?p=27135"},"modified":"2024-02-07T10:53:15","modified_gmt":"2024-02-07T15:53:15","slug":"crypto-scam-man-scammed-out-of-six-figure-sum-gets-money-back","status":"publish","type":"post","link":"https:\/\/worldjusticenews.com\/news\/2024\/02\/07\/crypto-scam-man-scammed-out-of-six-figure-sum-gets-money-back\/","title":{"rendered":"Crypto scam: Man scammed out of six-figure sum gets money back"},"content":{"rendered":"<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-hmf8ql-BoldText e5tfeyi3\">A County Down man who was scammed out of his entire pension pot and life savings has had almost all of his money returned by his bank.<\/b><\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trading Standards helped him secure the victory and said it is one of the biggest cases ever awarded by the Financial Ombudsman.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The retired public servant returned to work after he became embroiled in\u00a0<a class=\"ssrcss-k17ofw-InlineLink e1kn3p7n0\" href=\"https:\/\/www.bbc.co.uk\/news\/uk-northern-ireland-61789747\" target=\"_blank\" rel=\"noopener\">a sophisticated crypto-currency scam.<\/a><\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">He invested a six-figure sum in a fraudulent company.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The man, who the BBC has called Mark, wishes to remain anonymous.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">His investment started with \u00a3200 and quickly grew as his investment seemed to be doing well.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Eventually the fake company advised him to invest his pension pot and it was after this that it became apparent it was a scam and he had lost everything.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-19w8cxh-ComponentWrapper-HeadlineComponentWrapper egtrm1f0\" data-component=\"subheadline-block\">\n<h2 id=\"It-was-all-gone\" class=\"ssrcss-y2fd7s-StyledHeading e10rt3ze0\" tabindex=\"-1\"><span role=\"text\">&#8216;It was all gone&#8217;<\/span><\/h2>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">When Mark realised he begged those behind it to give him some of his money back.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I told them there wasn&#8217;t enough money left to bury me,&#8221; he said.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I had reneged on my duty to look after everyone. I&#8217;d two daughters and there was nothing there to support them or help them if they needed it.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;If anything happened to me my wife would be comfortable and then it was all gone.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"unordered-list-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<div class=\"ssrcss-1o5f7ft-BulletListContainer e5tfeyi0\">\n<ul role=\"list\">\n<li><a class=\"ssrcss-k17ofw-InlineLink e1kn3p7n0\" href=\"https:\/\/www.bbc.co.uk\/news\/uk-northern-ireland-68027830\" target=\"_blank\" rel=\"noopener\">Funeral for mum-of-two targeted by scammers<\/a><\/li>\n<li><a class=\"ssrcss-k17ofw-InlineLink e1kn3p7n0\" href=\"https:\/\/www.bbc.co.uk\/news\/uk-northern-ireland-67494309\" target=\"_blank\" rel=\"noopener\">Man loses \u00a32,000 to scammers posing as police<\/a><\/li>\n<li><a class=\"ssrcss-k17ofw-InlineLink e1kn3p7n0\" href=\"https:\/\/www.bbc.co.uk\/news\/uk-northern-ireland-66992585\" target=\"_blank\" rel=\"noopener\">Student loses \u00a3200,000 in fake policemen scam<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Mark fought for almost two years to get his money back. He was turned down multiple times &#8211; by the Financial Ombudsman and by his bank &#8211; but continued the fight with the help of Trading Standards, who eventually won him a repayment from his bank.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;They completely turned everything around,&#8221; he said.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Mark added the support and guidance he received was &#8220;priceless&#8221;.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I would say to anyone that is in a similar scenario for whatever financial amount go to Trading Standards.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Mark was helped by the fact he kept all documentation and detailed notes about every conversation. He even tracked the company down to an address in Scotland but that also turned out to be fake.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;I didn&#8217;t realise the bank had a duty of care to me.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-19w8cxh-ComponentWrapper-HeadlineComponentWrapper egtrm1f0\" data-component=\"subheadline-block\">\n<h2 id=\"Depths-of-despair\" class=\"ssrcss-y2fd7s-StyledHeading e10rt3ze0\" tabindex=\"-1\"><span role=\"text\">&#8216;Depths of despair&#8217;<\/span><\/h2>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Damien Doherty, chief inspector of Trading Standards in Northern Ireland, said he was &#8220;delighted&#8221; with the outcome, adding: &#8220;It&#8217;s been a while getting there.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-xza2yt-ComponentWrapper ep2nwvo1\" data-component=\"image-block\">\n<figure class=\"ssrcss-4qvfmb-StyledFigure e34k3c23\">\n<div class=\"ssrcss-ab5fd8-StyledFigureContainer e34k3c21\"><span class=\"ssrcss-1hq4gmv-Placeholder etlorgc0\"><picture><source srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg.webp 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg.webp 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg.webp 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg.webp 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg.webp 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg.webp 976w\" type=\"image\/webp\" \/><img loading=\"lazy\" decoding=\"async\" class=\"ssrcss-evoj7m-Image edrdn950\" src=\"https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/4233\/production\/_132574961_damiendoherty.jpg 976w\" alt=\"Damien Doherty from Trading Standards\" width=\"976\" height=\"549\" \/><\/picture><\/span><\/div><figcaption class=\"ssrcss-1mget3o-StyledFigureCaption e34k3c22\">\n<div class=\"ssrcss-y7krbn-Stack e1y4nx260\">Damien Doherty from Trading Standards helped Mark take his case to the Financial Ombudsman<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p>&nbsp;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We thought there was a good case to take,&#8221; Mr Doherty said.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Whenever the case came to us we were dealing with someone in the depths of despair, who had lost hope, who really had nowhere else to turn to and it was a huge sum of money as well.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Unfortunately the scammers have got away with it but the bank has a duty of care to its customers and there&#8217;s a code of practice that all banks know in terms of protecting customers from crime and fraud and in particular scams.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Mark described the moment when he received the news he was getting so much of the money back: &#8220;The email with the decision came on a Friday but I couldn&#8217;t look at it.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;It was the Sunday before I read it. That was the first night I had slept properly in all that time.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But he says there was no joy or celebration: &#8220;The only celebration I would have is if those people were caught and had to pay the money back out of their own pocket.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-11r1m41-RichTextComponentWrapper ep2nwvo0\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;They do this and they know they&#8217;ll never be caught.&#8221;<\/p>\n<p>Source: <a href=\"https:\/\/www.bbc.co.uk\/news\/uk-northern-ireland-68220705\" target=\"_blank\" rel=\"noopener\">bbc.co.uk<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\">A County Down man who was scammed out of his entire pension pot and life savings has had almost all of his money returned by his bank. Trading Standards helped him secure the victory and <a class=\"mh-excerpt-more\" href=\"https:\/\/worldjusticenews.com\/news\/2024\/02\/07\/crypto-scam-man-scammed-out-of-six-figure-sum-gets-money-back\/\" title=\"Crypto scam: Man scammed out of six-figure sum gets money back\">[&#8230;]<\/a><\/div>\n","protected":false},"author":1,"featured_media":1952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[2,4],"tags":[7513,10125,10127,10126,305,1864,1077,1199],"class_list":{"0":"post-27135","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-uk","9":"tag-county-down","10":"tag-crypto-scam","11":"tag-crypto-currency","12":"tag-financial-ombudsman","13":"tag-fraud","14":"tag-northern-ireland","15":"tag-scotland","16":"tag-trading-standards","17":"pmpro-has-access"},"_links":{"self":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/27135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/comments?post=27135"}],"version-history":[{"count":2,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/27135\/revisions"}],"predecessor-version":[{"id":27137,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/27135\/revisions\/27137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media\/1952"}],"wp:attachment":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media?parent=27135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/categories?post=27135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/tags?post=27135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}