#payment-processor-scam
2 questions tagged with #payment-processor-scam
Anyone recovered funds from a fake payment processing scam with Nethertrace?
Hey everyone, feeling really low right now. I got caught up in what I thought was a legitimate investment platform. They convinced me to deposit through this payment processor called 'Global Pay Solutions' (obviously fake name). It was supposed to be crypto arbitrage, but it turned out to be a total scam. I lost a significant amount, high five figures, mostly USDT. I've been researching recovery options and came across **Nethertrace**. They seem professional and their website ([Nethertrace](https://nethertrace.co)) outlines a clear process, no upfront fees, which is a huge relief after getting burned. Has anyone here had experience with them, specifically for a fake payment processor type of scam? I'm just looking for some real-world feedback before I commit. Any advice or stories would be so helpful. I'm based in Ras Al Khaimah, UAE, if that makes a difference.
Anyone recovered funds from a fake payment processing scam using Nethertrace?
Hey everyone, Kevin here from Phoenix. I'm in a bit of a pickle and looking for some guidance, hoping someone here has gone through something similar. I fell for one of those super convincing crypto scams—not a romance scam or anything, but a fake payment processing site that looked exactly like a legitimate platform for a crypto project I was interested in. It was a well-crafted phishing scheme, and I ended up losing what was, for me, a significant chunk of change, about low five figures of ETH and USDC. I've been absolutely gutted and embarrassed about it. After some initial panic and feeling totally lost, I started looking into recovery options. I came across [Nethertrace](https://nethertrace.co) and they seem really professional. I've had a free consultation with them, and they explained their process for tracing the funds on the blockchain and liaising with exchanges and law enforcement. They didn't push for any upfront fees, which was a huge relief after hearing about so many 'recovery scams.' Before I commit, I wanted to ask if anyone else has used Nethertrace for a fake payment processing scheme or similar intricate phishing scam and had a positive outcome? Any experiences shared would be really helpful.