Bank wires seem like one of the most secure ways to send money. Unlike cryptocurrency on the blockchain, you need to know the name, account number, and location of the money you are sending money to. This makes wire transactions easier to track, right?
However, that doesn’t mean that a wire recall or a refund is a foregone conclusion if you run into trouble with a scam broker or a fake merchant. Often banks won’t act on the behalf of claimants unless there is detailed evidence that the recipient is deeply problematic.
If you feel that you have unwittingly sent money to a fraudulent recipient, you need to act fast to have funds frozen before they can be laundered. What complicates matters is the recipient is most likely not the real person. Financial criminals use multiple fake identities to steal money from people.
To find out who really has your money, where it has gone, and what to do about it, you’ll need experts in the financial investigation field. Crypto Trace professionals will investigate your case and create a bank wire intelligence report (BWIR) that will bolster your claim with banks and authorities.
Our Bank Wire Intelligence Reports include the following:
The BWIR begins with an overview or a summary of the case, discussing the origin, the transaction, and what resulted from it. We reveal any regulator warnings against the company, which indicates to the bank that the recipient may be a fraud.
The BWIR has detailed information about the transaction, including wiring instructions and confirmation it was received. We delve further into the company and reveal its corporate structure and registration.
Finally, the report has an in-depth analysis of the recipient, including confirmation that they aren’t regulated. We also identify persons of interest who are implicated in the fraud.
Once you have a BWIR, you can take it to the bank officials and the authorities. The evidence in the report is often sufficient to cause them to freeze the funds, They may launch their own investigation into your complaint and take action against the recipient. This is possible only with a detailed BIWR that will support your claim and help you track down your funds.
Crypto Trace gives its clients the tools they need to back up their claims. If you have lost money on the blockchain due to hacking or through crypto fraud, our experts will consult with you and launch a thorough investigation. We will present you with a thorough investigation report that can improve the chances of a successful result for your crypto claim.