2 min read
The follow-up scam
Fraudsters trade lists of victims. A message offering to “recover” your lost funds for a fee is usually a second attempt on the same person. Genuine recovery does not come from an unsolicited caller demanding payment. Compare the signs in is this offer a scam.
The real route
Report to your bank immediately, then Action Fraud (0300 123 2040). Keep evidence. Do not pay anyone upfront to reclaim funds. Then apply only through a verified lender such as Credicorp directly.
What it means for you
Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online.
Frequently asked questions
Can I pay someone to recover scammed money?
No. Legitimate recovery goes through your bank and the police, never a stranger charging an upfront fee. Such offers are usually a second scam.
What is the real way to try to recover funds?
Alert your bank at once to attempt a recall, report to Action Fraud, and keep all evidence. Do not pay any “recovery” fee.
Related reading
What should I do if I think I have been scammed by a fake lender?
Stop all further payments, contact your bank immediately to try to recall funds, and report it to Action…
Read →
How do I know a business loan offer is not a scam?
A legitimate lender never asks for an upfront ‘release’ or ‘insurance’ fee before funding, and can be found…
Read →
How do I verify a business finance broker is legitimate?
Check the broker on the FCA register and Companies House, confirm their fees in writing upfront, and be wary…
Read →
A key customer just went into administration owing me money — what now?
When a big customer fails owing you money, register as a creditor immediately, cut the exposure, and bridge…
Read →Funding for UK limited companies
Credicorp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.