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Recovering Your Losses

Getting your money back

MoneySmart provides some sage advice on recovering your losses

The sad truth about scams is that most victims do not get their money back. This is because it is often very difficult to track down the person or group that has scammed you. If you have sent money to an overseas company, Australian government agencies cannot help you get your money back as those companies are out of their jurisdiction.

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Reproduced with permission of ASIC.

Source: ASIC's MoneySmart website,, 30 March 2011.