Fake Lawyers and So-Called Chargeback Specialists

Fake Lawyers and Chargeback Scammers: Preying on Desperation

Where there is money, there are always predators. With the rapid rise of scam brokers and fake "financial analysts" since 2014—starting with binary options and expanding into CFD and Forex fraud—the number of victims has also grown exponentially.

And what does a person do when they realize they have been scammed? Naturally, they want their money back. But instead of learning how financial systems actually work and exploring legitimate ways to fight back, many prefer the easy way out—turning to so-called "chargeback specialists" and fake lawyers who promise to recover their stolen funds.

This false hope has given rise to an entire industry of fraudulent legal firms that claim to offer chargeback services.

---

🔹 How Did the "Chargeback Scam" Begin?

As more people got scammed by fake brokers, a new wave of scammers emerged—posing as lawyers who claim they can get your money back.

These companies operate like mirror images of scam brokers:
❌ Instead of guaranteeing profits, they guarantee fund recovery.
❌ Instead of aggressive investment calls, they aggressively push legal services.
❌ Instead of draining your account through fake trades, they do it through endless fees.

It’s the same scam in a different disguise.

---

🔹 How the Chargeback Scam Works

📌 Step 1: Targeting Victims Through Ads
Just like scam brokers lure victims with promises of huge profits, fake legal firms target victims with promises of 100% guaranteed refunds.

📌 Step 2: Creating Trust
A "lawyer" calls you, speaking with confidence, using complex financial and banking terms like "chargeback," "reverse transactions," "dispute settlement", making it seem like they know exactly what they’re doing.

📌 Step 3: False Hope & Manipulation
They claim to have access to your transaction records and say they know how to prove your funds were stolen. They promise fast results, but only if you act immediately.

📌 Step 4: The Initial Fee
Before they can "start working on your case," you need to pay an initial legal fee—typically between $1,500 and $2,000.

📌 Step 5: Additional Charges & Excuses
A few weeks later, they tell you your case is almost won, but now you need to pay a "bank fee," "processing charge," or "notarization fee"—another 10-30% of your lost funds.

📌 Step 6: Disappearance
After receiving enough payments, they vanish—just like the scam broker who took your money in the first place.

---

🔹 Why Do People Fall for This?

Because it seems like a logical solution.

If someone says, “I can recover your $100,000 for just a $2,000 fee”, most victims will agree. It sounds like a good deal.

Desperate people take the risk, thinking, "At least I'll get something back"—but instead, they lose even more money.

Now, instead of losing just $100,000 to the broker scam, they’ve lost an additional $20,000 to fake lawyers.

---

🔹 Warning Signs of a Chargeback Scam

✅ They promise 100% success – real chargebacks are not guaranteed.
✅ They demand upfront payments – real lawyers take a percentage of actual recovered funds.
✅ They use high-pressure tactics – "You must act fast before it's too late!"
✅ They don’t explain the process in detail – instead, they use complex legal jargon to confuse you.
✅ They have no real office or license – their website is a simple one-page template with no verifiable business registration.
✅ They send fake legal documents – official-looking PDFs that are just Word documents edited in Photoshop.

---

🔹 Real Ways to Recover Lost Funds

❌ If you sent money via cryptocurrency – it’s gone forever.
❌ If the broker is unregulated – chargeback is nearly impossible.
✅ If you paid via bank transfer – contact your bank and law enforcement immediately.
✅ Gather all evidence: emails, chats, transaction records.
✅ Consult with real lawyers, not online "chargeback firms".

---

🔹 Conclusion: Don’t Lose Money Twice!

⚠ If you've been scammed, don't let yourself become a victim again.
⚠ Chargebacks are not magic buttons that instantly recover money—they are complex legal procedures.
⚠ Real lawyers don’t charge upfront and don’t guarantee success.

💡 Ronin Academy advises:
✅ Learn how the financial system works—don’t rely on false promises.
✅ If you lose money, focus on education to avoid future losses.
✅ Never trust "chargeback specialists" who demand upfront payments.

 

👉 Subscribe to our YouTube channel—we expose all fraud schemes and teach you how to protect yourself.