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flag Acting within 24 hours—contacting banks, reporting to FTC, and freezing accounts—greatly boosts scam recovery chances, experts say.

flag A new report released on October 1, 2025, identifies immediate action as the most effective step in recovering from a scam, including contacting banks, reporting to the FTC, and freezing affected accounts. flag Experts emphasize that victims who act within 24 hours significantly increase their chances of recovering funds. flag The guidance also highlights the importance of avoiding further contact with scammers and seeking support from trusted organizations to prevent repeat victimization.

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