Report a Scam: Your Definitive Guide to Taking Action

In an age where online transactions and investments have become the norm, the unfortunate reality is that scam artists are also at the forefront of technological advancements. It’s crucial to know how to protect yourself and others from falling victim to these fraudulent schemes. In this article, we’ll explore the process of reporting a scam, ensuring that you have the tools and knowledge to take action against malicious actors.

Recognizing the Signs

Before delving into the reporting process, it’s important to be able to identify a scam. Scammers often promise unrealistic returns on investments, pressure you to act quickly, or impersonate legitimate businesses. In the digital realm, their websites might lack essential security features or have inconsistencies in their branding.

Step-by-Step Guide to Reporting a Scam

1. Gather Evidence: Collect all relevant information about the scam. This includes emails, text messages, or any communication you’ve had with the scammer. Take screenshots of websites, transactions, and any other interactions.

2. Contact Your Bank or Financial Institution: If money is involved, get in touch with your bank or financial institution immediately. They can guide you on freezing transactions or recovering funds, if possible.

3. File a Report with Authorities: Contact your local consumer protection agency, such as the Federal Trade Commission (FTC) in the United States or Action Fraud in the United Kingdom. Provide them with the evidence you’ve gathered.

4. Report Online: If the scam occurred online, file a complaint through the appropriate channels. This might include the platform where the scam took place, such as social media platforms, online marketplaces, or cryptocurrency exchanges.

5. Use Trusted Reporting Websites: There are websites dedicated to reporting scams, such as the Better Business Bureau’s Scam Tracker, FX Brokeview or the Anti-Phishing Working Group. These platforms help track and prevent scams.

6. Warn Others: If you’ve encountered a scam, spread the word to prevent others from falling victim. Share your experience on social media, online forums, or community groups.

Reporting Crypto-Related Scams

The rise of cryptocurrencies has brought about new opportunities for scammers. If you’ve been scammed involving cryptocurrencies, take these additional steps:

1. Contact Your Wallet or Exchange: Alert your cryptocurrency wallet provider or exchange about the scam. They might be able to trace transactions or provide guidance.

2. Use the Appropriate Reporting Channels: Cryptocurrency-related scams often have dedicated reporting platforms. For instance, the Anti-Phishing Working Group has a Crypto Anti-Abuse Working Group for such reports.


Taking action against scams is not only about protecting yourself; it’s about safeguarding others as well. By being vigilant, gathering evidence, and using the right reporting channels, you contribute to a safer online environment for everyone.


  1. How can I recognize a scam?
    Look out for promises of unrealistic returns, high-pressure tactics, and inconsistencies in communication or branding.
  2. Should I contact the authorities even for a small scam?
    Yes, reporting all scams, regardless of their size, helps authorities track and prevent fraudulent activities.
  3. Can I recover my money after being scammed?
    While recovery is not guaranteed, quick action improves your chances. Contact your bank and relevant authorities immediately.
  4. Are cryptocurrency scams different to report?
    Yes, cryptocurrency scams have their reporting platforms due to their unique nature. Use these channels for efficient reporting.
  5. How can I help prevent others from being scammed?
    Share your experience on social media and relevant forums to raise awareness and caution others about potential scams.