'Recovery fraud' is when you've lost money in a previous scam and then
scammers contact you claiming they can help get the money back. This is
almost always not true – it's just another attempt to steal from you
again.
We've recently seen an example of this where fraudsters are
impersonating Coinbase, a cryptocurrency company, and sending out dodgy
emails claiming to recover funds lost to an 'unauthorised transaction'.
See how this scam works and what to do if you're targeted.
Source: Which? (22 Apr 2026)
