Losing money to a scam is bad enough, but some scammers take it even further, tricking victims into paying them in hopes of recovering lost funds.

Much of the £10.9bn in taxpayer money lost to fraud and error in Covid support schemes is now "beyond recovery", a report has said. The response to the pandemic had ...

Victims of money scams have even more to worry about than losing their assets—the real risk of getting duped again by so-called asset recovery firms.

Facing a surge in complaints over harassment by loan recovery agents, RBI is set to issue fresh draft guidelines to tighten ...

Treasury Secretary Scott Bessent said Thursday that President Donald Trump’s proposed $1.5 trillion boost in defense spending would be achievable if the federal government can successfully claw back ...

The RBI has issued strict new guidelines to curb harassment by loan recovery agents, including limits on call timings and a ban on threats or abusive behaviour. From July 1, 2026, banks must publish ...