SM SmithMarco, P.C. Attorneys at Law

Call Today
888-915-0836

Free Case Review
Free Case Review
888-915-0836

People Come First At Our Consumer Rights Law Firm

How To Recover And Fight Back After Fraudulent Bank Transfers, Bank Theft, Or Other Financial Losses

When a bank transfer or financial transaction turns out to be fraudulent, the shock and stress can be life-altering. In such situations, having guidance and support from an experienced bank fraud attorney can help ensure you are not entirely powerless.

At SmithMarco, P.C., we help clients fight back. With offices in Chicago, Illinois, and Sarasota, Florida, our attorneys focus exclusively on protecting consumers nationwide. We have recovered over $2.5 million of our client’s funds.

Understanding Financial Fraud And Your Rights

A fraudulent bank transfer or wire fraud is when a criminal steals and sends money from a bank account into an account they control. Financial fraud can come in many forms, including:

  • Wire fraud: Money sent under pretenses, often through pressure or manipulation.
  • Unauthorized transfers: Money moved from your account without your permission.
  • Phishing scams: Emails or calls that trick you into giving up sensitive banking info.
  • Scammed Debit cards: When your debit card is stolen or the numbers copied and used to make debit purchases.  

These are more than mistakes as they are legal violations. Whether the fault lies with hackers, scammers or negligent financial institutions, victims have rights. Banks are required by law to maintain secure systems. If they fail, they can be held responsible.

Immediate Steps To Take After Discovering Fraud

If you realize you are a victim of financial fraud, here is an action checklist to follow:

  • Contact your bank and identify each of the transactions that were unauthorized by you.
  • File a report with your local police department.
  • Report the fraud to federal agencies, such as the Federal Trade Commission (FTC) or the Consumer Financial Protection Bureau (CFPB).
  • Collect and preserve all evidence: This includes emails, account statements, transaction screenshots and messages from the scammer or bank.

The sooner you act, the better your chance of recovering the lost funds. Our attorneys help clients in Florida, Illinois and across the U.S. organize these first steps quickly and effectively.

Legal Remedies And Recovery Options

After reporting the fraud, we help clients explore every possible legal path to get their money back, such as:

  • Disputing transactions under the Electronic Fund Transfer Act (EFTA) or Fair Credit Reporting Act (FCRA).
  • Working with the bank to reverse unauthorized withdrawals or issue chargebacks.
  • Filing lawsuits against financial institutions that fail to preserve your account and ignore your legal rights to a refund.

Timing matters. Many of these legal actions have tight deadlines. If you wait too long, your claim could be dismissed. SmithMarco, P.C., has handled thousands of similar cases. We know what works and how to pressure institutions into doing the right thing.

How SmithMarco, P.C., Protects And Fights For You

We take your case personally. Our managing partners, Larry Smith and David Marco, have over 50 years of combined experience in consumer law. We have recovered millions for people just like you.

Our attorneys follow a complete approach that includes:

  • Careful investigation of fraudulent transactions.
  • Direct negotiations with financial institutions.
  • Filing lawsuits and representing clients in court.
  • Ongoing updates and support throughout the process.

One of our clients had this to say, “I wanted to take this time to thank you for the splendid job you did. Not only did you achieve the end result that I wanted, but you did it in a way that left no worries or extensive communications on my part. “Kudos” to your firm!”

Frequently Asked Questions About Fraud Recovery

Here are a few questions we often hear from clients:

What if my bank will not help me?

This is exactly when you need a lawyer. Banks often change their tune once our attorneys get involved fighting on your behalf.

How much does it cost to hire an attorney?

We work on contingency. If we do not recover money for you, you will not be required to pay us.

Contact SmithMarco, P.C., For A Free Case Review

If you have been hit by fraud in Chicago, Sarasota or anywhere in the U.S., SmithMarco, P.C., is ready to help you fight back.

We offer free, confidential case reviews and are committed to making the process straightforward. Call 888-915-0836 to speak with a fraud recovery attorney or fill out this online form.