Torrance, CA asked in Banking, Identity Theft, Internet Law and Social Security for California

Q: I was a victim of a Social Security scam. I withdrew 25K in cash and deposited it via bitcoin. Can I get my funds back?

Someone called me pretending to be a Social Security officer and claimed that my SSN was linked to drug trafficking, money laundering, and that there was a warrant out for my arrest. He had an accomplice that spoofed his caller ID to make it look as though he was calling from my local Department. They had me withdraw 25K in cash from two different Bank of America locations, and then deposit the funds at 4 different bitcoin ATMs with the promise that the funds would be transferred to a secure account and that I would receive a check the next day. I'm getting told that Bitcoin transactions are irreversible and that because I withdrew the money in cash, that I have no recourse. Please, is there anything that I can do to get my money back?

1 Lawyer Answer

Bruce Alexander Minnick

Answered
  • Social Security Disability Lawyer
  • Tallahassee, FL

A: Probably not. Thousands of gullible Americans fall prey to "get rich quick" scams like this every day of the week. If you have the name or any other information about who any of these scammers are--or the names of the banks involved--there are experienced lawyers who can try to trace the scammers and gather enough information about them to report the scam to the state and federal agencies that regulate the banks and hunt done scammers. Look for an experienced banking lawyer here using Justia's Find a Lawyer tab.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.