Mrs Oxxxx Trader / Recovery Company and Foundation contacted me, are they legit or another scam?

asked 39d ago19 views35 answers
0

Ok, so I'm honestly so drained from all this. Back in November, I lost a significant amount to a crypto investment scam. I reported it to the RCMP here in Edmonton, but honestly, didn't really expect much to come of it. Anyway, I got an email a few days ago, it was really vague but mentioned my case and said they could help. It was from something called 'Mrs Oxxxx Trader / Recovery Company and Foundation'. I replied, kinda a Hail Mary, you know? They've been super responsive, sent me a document about 'asset tracing' and 'compensation funds' they've apparently secured. They want a 'legal administrative fee' upfront, about CAD 800, to release my money. They even sent a screenshot of a substantial amount in a crypto wallet they claim is mine. It seems so professional, but after getting burned once, I'm just so paranoid. Has anyone heard of them? Is this how real recovery works? I really don't wanna fall for another trick.

35 Answers

47

Girl, stop right there. Upfront fee? Total, absolute red flag. No legitimate recovery firm, lawyer, or government body will EVER ask you for money upfront to *release* funds that are supposedly yours. Like, seriously, think about it. If they have your money, why can't they just deduct their fee from it? This 'Mrs Oxxxx Trader / Recovery Company and Foundation' sounds like classic scammer tactics. They trawl victim lists, looking for people who've already lost money, because they know you're desperate and vulnerable. The 'asset tracing' docs and 'screenshots' are all part of the theatre. My advice? Block them, report them to your local authorities again (even if it feels useless), and for goodness sake, do NOT send them a cent. You are about to get scammed a second time.

Hannah Pretorius · Port Elizabeth, South Africaanswered 39d ago
28

Oh honey, I'm so sorry you're going through this. Losing money once is awful, but the thought of falling for it again? That's just soul-crushing. Please, please listen to your gut and everyone telling you this is a scam. It's so common for scammers to re-target victims, sometimes even selling your details to other scam groups. That 'Mrs Oxxxx Trader' name itself sounds super suspicious, very generic, you know? A legitimate firm would have a proper business name, not something like that. Take a deep breath, and don't engage further. You got this, and you're wise to ask for advice before acting.

Aisha Al Nahyan · Abu Dhabi, UAEanswered 39d ago
35

Right, another one. 'Mrs Oxxxx Trader / Recovery Company and Foundation' screams scam. You never, ever pay an upfront fee to get your own money back. That's the golden rule here. If they had your funds, they'd simply deduct their success fee. These guys prey on desperation. They use fancy-sounding jargon like 'legal administrative fee' and 'asset tracing' to sound official, but it's pure smoke and mirrors. Ignore the professional-looking documents; scammers are becoming incredibly sophisticated. Save your CAD 800, Amelia, because that'll go straight into their pockets and you'll see zero in return. Walk away, mate.

Sean Walsh · Cork, Irelandanswered 39d ago
41

Ugh, this sounds exactly like what happened to me last year, almost word for word. I lost a hefty sum to a fake investment platform. Then, a few months later, I got contacted by 'Claims Justice'. They were so convincing, knew exactly how much I'd lost and even some details of the scam. They wanted like, 1000 euros for 'court filing fees' or something. I was so convinced, I almost sent it. My partner stopped me last minute, thankfully. Later, I looked them up and they were all over scam lists. The 'Mrs Oxxxx Trader' thing and the upfront fee? Total callback to my experience. Please don't fall for it again.

Lina Neumann · Frankfurt, Germanyanswered 38d ago
22

Honestly, 'Mrs Oxxxx Trader / Recovery Company and Foundation' sounds less like a professional legal entity and more like something a 12-year-old came up with. I'm always super skeptical of names that are a jumble of general terms. And an upfront fee? That's not how anything legit works, especially when they claim to have *your* money. If they want money from you, it's a scam. If anyone reputable genuinely recovered funds for you, they'd present you with verifiable proof, and their fees would come out of the recovered amount. End of story.

Jonas Klein · Berlin, Germanyanswered 38d ago
37

Yoh, Amelia, sorry to hear this, but this is exactly what happened to me. I got lured into a forex scam, lost a lot. Then these 'recovery specialists' called, 'Payback Ltd' they called themselves. They gave me this whole spiel about tracing funds and how they work with Interpol or whatever nonsense. And then, the 'admin fee' came. I was so desperate, I even took out a small loan to pay it, praying it would work. Guess what? The money vanished, and they ghosted me. My bank, Capitec, warned me later, but too late. Please, don't make my mistake. This 'Mrs Oxxxx Trader' thing is the same vibe.

Sipho Coetzee · Cape Town, South Africaanswered 38d ago
30

This whole 'Mrs Oxxxx Trader / Recovery Company and Foundation' thing, asking for an upfront fee? That's a classic example of a recovery scam. I got hit by something similar last year after I lost money to a dodgy trading platform. 'Wealth Recovery International' called me up, sounded super convincing. They even had a fancy website. But the second they mentioned a 'compliance fee' to unlock my supposed funds, I put the phone down. Action Fraud here in the UK explicitly warns against any company asking for upfront payments. Please, don't send them anything. This is just another set of crooks trying to double-dip.

Lily Davies · Glasgow, United Kingdomanswered 38d ago
19

Amelia, I can tell you unequivocally, as someone who's seen these cases far too often, 'Mrs Oxxxx Trader / Recovery Company and Foundation' demanding an upfront 'legal administrative fee' is a scam. It's a textbook recovery fraud. Here's why:

  1. Upfront Fees: Legitimate recovery services, especially those involving legal or financial institutions, do not ask for payment to *release* funds they claim to have already secured. Their fees come from the successful recovery, usually as a percentage.
  2. Unsolicited Contact: How did they get your details? Scammers often share or sell victim lists. Legitimate firms won't just email you out of the blue about a specific case without prior engagement.
  3. Vague Naming: 'Mrs Oxxxx Trader / Recovery Company and Foundation' is not a name indicative of a registered, regulated, or professional entity. It lacks proper structure and often uses generic terms to avoid being easily traced.
  4. Screenshots of Funds: These are easily faked and meant to create an illusion of success and urgency. They want you to believe the money is *right there*, just one small payment away.

Your best course of action is to cease all communication, block them, and definitely do not send any money. You've been targeted because you're a known victim. Contact the Canadian Anti-Fraud Centre (CAFC) – they have specific warnings about these types of follow-up scams.

Liam Anderson · Quebec City, Canadaanswered 38d ago
9

Hmm, 'Mrs Oxxxx Trader / Recovery Company and Foundation' sounds like a very generic cover. And an upfront fee, especially to 'release' funds they supposedly have? That's basically the number one red flag for recovery scams. I mean, if it's already secured, why do *you* need to pay them? It just doesn't make logical sense. They're banking on your desperation. I'd be super careful, sounds like they're trying to take advantage of someone who's already been hurt. Don't fall for it, your gut feeling's probably right.

Milan Janssen · Utrecht, Netherlandsanswered 38d ago
12

Oh sweetie, I'm so sorry you're in this position. It's tough when you're looking for any glimmer of hope after a scam, but this 'Mrs Oxxxx Trader / Recovery Company and Foundation' sounds incredibly dodgy. The upfront fee is the biggest warning sign, honestly. It's a tale as old as time with these recovery scams. They promise you the world, show you fake proof, and then ask for a 'small fee' to open the floodgates. Please, don't let them take another dime from you. You're strong for even asking and not just diving in headfirst. Trust your instincts on this one; they're probably telling you exactly what everyone else here is.

Megan Lopez · Austin, USAanswered 38d ago
6

This sounds disturbingly familiar. The 'legal administrative fee' is the classic ransomware tactic in recovery scams. They create artificial urgency and a sense of officialdom to get you to pay more money. Real asset recovery firms, if legitimate, typically work on a contingency basis where they take a percentage *after* funds are recovered, not an upfront fee. That screenshot they sent? Likely fabricated to prey on your desperation. Don't send them any money.

Arthur David · Bordeaux, Franceanswered 38d ago
5

Oh no, I'm so sorry you're going through this again. It's a horrible feeling to be scammed, and then to be contacted by people who *claim* they can help can stir up so much false hope. Please be very careful. They often sound very convincing, just like you described. Sending you strength!

Hannah Mokoena · Bloemfontein, South Africaanswered 38d ago
4

My spider senses are tingling on this one. 'Mrs. Oxxxx Trader'? 'Recovery Company and Foundation'? Sounds like they cobbled together a bunch of vaguely official-sounding words. Asking for money upfront for 'fees' is a massive red flag. If they had actually recovered your funds, why would they need an advance from you? They'd take their cut from the recovered amount. Nah, this smells fishy.

Chloe Ndlovu · Durban, South Africaanswered 38d ago
6

Been there. After losing a pile to a fake trading platform last year, I got the same kinds of emails. They promise the moon, show you fake screenshots showing your money 'safely held' and then demand a 'processing fee.' It's the oldest trick in the book for these scammers. They make you pay the fee, then disappear or ask for another fee. Resist the urge, friend.

Saar de Jong · Nijmegen, Netherlandsanswered 38d ago
7

This is a textbook recovery scam. The 'Mrs Oxxxx Trader' entity is almost certainly fake. They prey on victims who have already lost money, making them vulnerable to further exploitation. Their goal is to get you to pay the 'administrative fee' and then they vanish. Never, ever pay upfront fees to recovery companies. Report them to the platform you're communicating on if possible.

Jules Moreau · Strasbourg, Franceanswered 38d ago
3

I also lost a lot of money. They contacted me too. I felt it was too good to be true. I have not paid anything. I am scared to lose more. Did they ask for bank details?

Khalid Al Marri · Al Ain, UAEanswered 38d ago
5

Mate, that language – 'asset tracing', 'compensation funds', 'legal administrative fee' – it's all designed to sound official and technical. It's meant to bamboozle you. If they were legit, they'd likely communicate through channels you've already established or a very clear, traceable process. And never pay upfront for something like this. It's just doubling down on the initial scam. I'd trust your gut on this.

Camille Robert · Lyon, Franceanswered 38d ago
6

I was contacted by a similar outfit after my own crypto woes last year. They were slick, had fancy documents, even a fake LinkedIn profile for their 'CEO'. The fee was smaller though, like 300 USD. They said it was for 'international transfer processing.' Thankfully, my wife reminded me about the initial scam and how we felt foolish, so she said 'NO WAY' to paying. They stopped emailing after that. Your intuition is spot on. These are vultures.

Liam MacDonald · Ottawa, Canadaanswered 38d ago
6

Hold up. A 'legal administrative fee' *before* they release *your* recovered money? That sounds completely backwards. If they actually recovered your funds, they'd take their cut as agreed upon *after* the funds hit your account or a neutral third-party escrow. Asking for money upfront is 100% how scams operate. They are trying to get YOU to pay THEM. Block and report.

Ryan Davis · Philadelphia, USAanswered 38d ago
4

This happened to me too. They called me yesterday. They said they have my funds. I asked them to send proof of funds directly to my bank. They said no, I have to pay them first for a 'verification service'. I hung up. I don't have much money left after the first scam. Very depressed.

Mia Leroy · Bordeaux, Franceanswered 38d ago
5

The scenario you describe is a common secondary scam targeting victims of initial financial fraud. These 'recovery firms' operate by exploiting the victim's hope and desperation. Their documentation, like the 'asset tracing' report, is likely fabricated. Legitimate law enforcement or regulatory bodies, such as ASIC in Australia or Action Fraud in the UK, do not charge upfront fees for recovery assistance. If you want to report this new attempt, consider your national fraud centre.

Aoife Doyle · Belfast, Irelandanswered 38d ago
5

Red flag, big time. They're using the emotional distress you're feeling after the first scam to hook you for another. The 'screenshot' of your crypto wallet is likely a fake generated to look convincing. Real recovery processes, especially involving law enforcement or regulated financial bodies, are never initiated with upfront 'fees' like this. They typically work on commission *after* successful recovery, or direct you to official channels. Check the RCMP's official advice on recovery scams.

Noah Jones · Melbourne, Australiaanswered 38d ago
4

I'm so sorry you're in this situation. That sounds incredibly stressful, and it's completely understandable that you're feeling paranoid after being scammed before. Please trust your instincts – that upfront fee is a huge warning sign. Keep all communication records, but do not send any money. You can also report these individuals to the platform they are using to contact you.

Lina Hoffmann · Stuttgart, Germanyanswered 38d ago
6

This is SO familiar. I nearly fell for this exact same thing after losing money to a bogus investment site last year. They called themselves 'Global Asset Recovery' or something equally generic. Had the same spiel about fees and 'secured funds.' They even sent a PDF that looked official. My brother, who works in finance, told me straight up it was a scam trying to bleed me dry. Don't pay them. Report it to the FBI's IC3 if you have the energy.

Daniel Nel · Johannesburg, South Africaanswered 38d ago
4

They contacted me too. Asked for $1000 to release my funds. I said I didn't have it. They then said they could 'negotiate' the fee down to $500. This is unbelievable. I told them where to go.

William Ouellet · Quebec City, Canadaanswered 38d ago
3

This happened to me! They asked for a 'processing fee' of $5,000! I almost paid it because I was so desperate. Then I remembered reading about these follow-up scams. I told them no and blocked them. It’s awful how they prey on people like us.

Oliver Hughes · Brighton, United Kingdomanswered 38d ago
5

Argh, the 'Mrs Oxxxx Trader' thing is a known scam narrative. They operate in batches, changing the name slightly each time. This is a tactic to get victims to pay a second time. Their documents are faked, the wallet screenshot is a lie. Seriously, do NOT send them a cent. If you want to report it, use your local police's fraud reporting line or a national one like Action Fraud if you're in the UK.

Olivia Morin · Winnipeg, Canadaanswered 38d ago
6

This is chillingly similar to what happened to a friend of mine. She lost a fortune in crypto, then got contacted by a group calling themselves 'Horizon Recovery Specialists'. They wanted an upfront 'escrow fee'. She paid it, and poof! They vanished. They operate by inducing a sense of false hope. The only legitimate recovery path usually involves reporting to authorities like the RCMP or FBI's IC3, and even then, recovery is very rare.

Sipho van der Merwe · East London, South Africaanswered 38d ago
6

I’ve seen hundreds of these cases. The 'Mrs Oxxxx Trader' setup is a common scam. They will keep asking for more fees. 'Legal administrative fee' is a classic. Then it'll be a 'taxable event fee', then a 'compliance fee', etc. They’re trying to bleed you dry. Never engage. If you wish to report, use official government channels. Avoid any 'recovery service' that asks for money upfront.

Charlie Thompson · Adelaide, Australiaanswered 38d ago
12

This sounds extremely similar to many common scams I've seen documented by groups like the FBI IC3. Recovery scams often prey on victims of initial fraud, promising to recover lost funds for an upfront 'fee'. The screenshot is likely faked, and the 'legal administrative fee' is just another way for them to extract money. Real asset recovery is complex and usually doesn't involve these kinds of upfront payments to a third party. If you want to report the scam itself to the authorities, definitely check out the FBI's Internet Crime Complaint Center (IC3) - they are a legitimate resource for this stuff.

Sophie Bauer · Berlin, Germanyanswered 38d ago
8

Oh wow, I'm so sorry you've gone through this twice. It's completely understandable to be paranoid after losing money. That email sounds a bit suspect, especially the upfront fee part. My neighbour almost fell for something like that, they wanted a 'processing fee' for a supposed inheritance. It turned out to be fake. Just be really careful, okay? Sending you good vibes and hoping you don't get hooked again.

Lily Pillay · East London, South Africaanswered 38d ago
15

Red flag, red flag. Seriously, DO NOT send them any money. This is a classic 'impersonation scam' layered on top of your initial crypto loss. They *know* you've been a victim, hence the reference to your 'case'. They are banking on your desperation. This 'Mrs Oxxxx Trader' and their 'Foundation' sounds exactly like the sort of outfit that Wealth Recovery International or Claims Justice would operate as. They exist solely to squeeze more money out of people. It's a recovery scam, plain and simple. Do not engage further. Block them.

Jules Leroy · Strasbourg, Franceanswered 38d ago
7

Hey there, I can only imagine how stressful this is for you, especially after what happened before. It's so hard to trust anyone new when you've been hurt financially. I'd really trust your gut feeling about this. Those recovery companies can be super convincing with their fancy documents and promises, but asking for money upfront is almost always a bad sign. Have you tried reaching out to any official consumer protection agencies in Canada? Sometimes they have resources or lists of known scam operators.

Emma Petit · Strasbourg, Franceanswered 38d ago
11

I had something eerily similar happen last year. Lost about $10k in a forex deal that went south. Then these guys, I think they called themselves 'Global Recovery Associates' or something equally generic, emailed me claiming they had located my funds. Sent me fake bank statements and everything. Wanted a 'transfer facilitator fee' of $500. I almost sent it, but my sister talked me out of it. She said if it was real, the recovery agency would take their cut *after* the money was returned to me, not demand cash upfront. They were just another scam, trying to get me to pay them. I reported them to ASIC (Australian Securities and Investments Commission) in the end, though I didn't get anything back. Just a warning to you, be super wary of any upfront fees.

Olivia Harris · Melbourne, Australiaanswered 38d ago
13

This is a very common double-scam. The initial contact referencing your previous loss is designed to lure you in. The professional-looking documents and 'secured funds' are pure theatre. The key red flag here is the demand for an upfront 'legal administrative fee'. Legitimate recovery services might take a percentage of the recovered funds, but they do not ask for money *before* a recovery takes place. Some even work on contingency. If they were truly recovering funds for you, they'd be able to deduct their fee from the amount they claim to have secured, not ask you to wire them money like Payback Ltd might advise to do. I’d strongly suggest you cease all contact immediately and consider reporting this new attempt to the relevant authorities. In Australia, for instance, ASIC handles investment scams, but your local RCMP would be the first port of call for reporting the *new* scam attempt.

Isla Wilson · Melbourne, Australiaanswered 38d ago

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