USA, September 20, 2021 /EINPresswire.com/ — The Federal Trade Commission noted earlier this year that romance scams reached a record $304 million during 2020. This indicates a 50% increase from the previous year. For the average individual this translates into a median dollar loss of around $2,500. The Federal Trade Commission notes that for three years running people have reported losing more money on romance scams than any other fraud type. Fortunately, victims of fraud have an opportunity to recover their losses through a dedicated fund recovery platform.

ONLINE COMMUNITY TO HELP VICTIMS OF SCAMS

ReportScam is an online community which dedicates itself to help persons who suffered financial losses due to scams. There are numerous types of scams, Peter Karda, a spokesperson for ReportScam, notes: “It is the victim only who knows the pain which he/she suffers due to the fraud. It affects mentally as well as physically and the victim needs help at the earliest. ReportScam is an online community of traders and recovery experts. We are trying to provide justice to victims of scams whether done by a fraud Forex, binary, crypto fraud brokers, or any fraudulent activity. We are also providing reviews of scam brokers through our continuous blogs and also latest scam news. The purpose of these reports is to help traders know about the scam activities of these blacklisted brokers which will help them to avoid losing…

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