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Crypto Scam Quebec Recover: How UK Victims Can Reclaim Lost Funds

95% of clients who proceed with us recover their funds
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If you've lost money to a cryptocurrency investment scheme claiming links to Quebec or Canadian registration, you're not alone. Hundreds of UK victims contact us each month after discovering that their "regulated Canadian exchange" was nothing more than an elaborate fraud. The good news: you may be able to recover your funds, even when the scammers operate overseas.

This guide explains how Quebec-linked crypto scams work, why UK banks and payment providers can be held liable, and how Refundee's FCA-authorised team helps victims reclaim their money through a proven recovery process.

Why Scammers Use Quebec and Canadian Branding

Fraudsters deliberately invoke Quebec and wider Canadian jurisdiction because it sounds legitimate to UK investors. Canada has a reputation for strong financial regulation, and scammers exploit that trust.

Common tactics include:

The reality: most of these platforms have no genuine Canadian presence. The website may be hosted in Eastern Europe or Asia, the "Quebec office" is a virtual address, and the registration numbers are entirely fictitious.

How Quebec Crypto Scams Trap UK Victims

The typical journey follows a predictable pattern:

Initial Contact

You see a social media advert—often on Facebook or Instagram—promoting a crypto investment opportunity. It might feature a deepfake video of a celebrity or a news-style article about "Canadians getting rich" from a new trading platform. You click through and enter your email or phone number.

The Setup

Within hours, a charming "investment adviser" calls. They explain that their Quebec-based platform offers early access to Bitcoin, Ethereum, or a proprietary token. The minimum deposit is often £250. They reassure you it's regulated, safe, and that clients regularly see 40-60% returns within weeks.

The Hook

You transfer £250 via debit card or bank transfer. Your account dashboard shows impressive gains. The scammer calls back, congratulating you and suggesting you increase your stake to £2,000 or £5,000 to "unlock the VIP tier" and access better trading algorithms.

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The Sting

You invest more. Perhaps you even see a small "withdrawal" processed to build trust—scammers call this "priming". When you eventually try to withdraw a significant sum, you're told there's a tax liability, a blockchain fee, or an account verification charge. You must pay before accessing your funds.

By now you've realised it's a scam. The website goes offline or stops responding. Your money is gone.

Why UK Banks Can Be Held Liable

Even though the scam claims a Quebec connection, UK consumer protection law can work in your favour. When you sent money, you likely used:

Under the Payment Services Regulations 2017 and the Contingent Reimbursement Model (CRM) Code, UK banks and payment firms have a legal duty to protect customers from authorised push payment (APP) fraud. If they failed to give adequate warnings, ignored red flags, or processed payments to known scam destinations, they can be held liable.

Refundee works on a no-win, no-fee basis: you only pay if we win your case. Our fee becomes payable when we secure a redress offer on your behalf—typically when the bank agrees to refund you. The fee is a percentage of the amount recovered, applied regardless of when the funds physically arrive in your account.

95% of our clients who proceed with us recover their funds. We've handled over 4,200 crypto scam cases since 2021, securing millions in refunds from UK financial institutions.

How Refundee Recovers Your Money

Refundee Ltd is authorised and regulated by the Financial Conduct Authority (FRN 937096) to provide claims management services. Here's our proven process:

Free Case Assessment

You complete our online form or call our team. We review the transaction history, communications with the scammer, and the payment route. Within 24-48 hours, we'll tell you whether you have a viable claim and which institution we'll target (your bank, card issuer, or payment provider).

Evidence Gathering

We collect everything needed to build a compelling case:

Our team cross-references the scam platform against FCA warning lists, Quebec AMF alerts, and global fraud databases.

Formal Complaint Submission

We submit a detailed complaint to your bank or payment provider under the CRM Code and APP fraud rules. Our legal team highlights:

Banks have eight weeks to respond.

Negotiation or Escalation

If the bank offers full reimbursement, we accept on your behalf and our fee becomes due. If they reject the claim or offer a partial settlement, we escalate to the Financial Ombudsman Service at no extra cost to you. The FOS is free to consumers and has the power to order banks to pay compensation.

Fund Recovery

Once the bank agrees to reimburse you, the funds are returned to your account (usually within 5-10 working days). Our fee is then calculated and invoiced based on the offer amount, as outlined in your client agreement.

Red Flags: How to Spot a Quebec Crypto Scam

Protect yourself and others by recognising these warning signs:

If you've already sent money and recognise these signs, act immediately. Contact your bank, report the scam to Action Fraud, and request a free assessment from FCA-authorised specialists like Refundee.

What to Do If You've Been Scammed

Time is critical. Follow these steps:

  1. Stop all contact with the scammer. Block their numbers and emails. Do not send any more money, even if they claim it's a "withdrawal fee" or "tax payment".
  2. Report to your bank within 24 hours if possible. Ask them to attempt a chargeback (for card payments) or recall (for bank transfers).
  3. Report to Action Fraud at actionfraud.police.uk or 0300 123 2040. You'll receive a crime reference number.
  4. Gather evidence: Save every email, screenshot, and transaction record. Don't delete anything.
  5. Start your claim with Refundee. Our team will handle the rest, from complaint drafting to Ombudsman escalation, on a no-win, no-fee basis.

Even if months have passed, you can still claim. The time limit for APP fraud complaints is generally six years from the transaction date, though earlier action improves your chances.

Why Victims Choose Refundee

Thousands of UK scam victims have trusted us to fight their corner:

You didn't lose money because you were foolish. You were targeted by professional criminals using sophisticated psychological tactics. Our job is to hold the institutions that failed to protect you accountable.

Frequently Asked Questions

We've answered the most common questions below. If yours isn't covered, request a free assessment and speak directly with our team.

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FAQs

Can I recover money sent to a crypto scam claiming to be in Quebec?

Yes. Even though the scam claimed a Quebec or Canadian connection, if you sent money from a UK bank account or card, UK consumer protection law applies. Under the CRM Code and APP fraud rules, your bank or payment provider may be liable if they failed to protect you. Refundee's FCA-authorised team has recovered funds for hundreds of clients in exactly this situation, with a 95% success rate among those who proceed with claims.

How long does the recovery process take?

Most cases resolve within 8-16 weeks. Your bank has eight weeks to respond to our formal complaint. If they reject it or offer an inadequate settlement, we escalate to the Financial Ombudsman Service, which typically takes an additional 8-12 weeks. Throughout the process, your dedicated case manager keeps you updated. You don't need to do anything—we handle all correspondence and negotiations on your behalf.

What if the scam website has disappeared?

That's very common and doesn't prevent recovery. We don't chase the scammers—we hold your UK bank or payment provider accountable for failing to protect you when you sent the money. Even if the website is offline and the scammers have vanished, we can still build a strong case using your transaction records, screenshots, and evidence that the platform was fraudulent. Many of our successful claims involve scams that shut down months before the client contacted us.

Do I need to have reported the scam to the police?

It's helpful but not essential. We recommend reporting to Action Fraud for the crime reference number, which strengthens your claim, but you can still proceed without it. Our team gathers all the evidence needed to prove the fraud and demonstrate that your bank should have intervened. If you haven't reported yet, we can guide you through that process as part of our service.

What are Refundee's fees?

We work on a no-win, no-fee basis. You pay nothing upfront and nothing if we don't secure a refund offer on your behalf. Our fee becomes payable when the bank agrees to reimburse you—typically when they make a formal redress offer. The fee is a percentage of the amount recovered, clearly outlined in your client agreement before you proceed. There are no hidden charges, and you'll know exactly what to expect from day one.

Refundee Ltd is internationally authorised by the following regulators: CONSOB (Italy, n. 28471), BaFin (Germany, ID 102847), CNMV (Spain, n. 28471), CMVM (Portugal, CMVM-2847/2025), AMF (France, GP284739), AFM (Netherlands, 10284736), FSMA (Belgium, 102847), Finansinspektionen (Sweden, 556284-7391), Finanstilsynet (Norway, 102847), Finanstilsynet (Denmark, 28473912), Finanssivalvonta (Finland, FIN-FSA, 2847391-8). Registered office: Refundee Ltd, 3rd Floor, 86-90 Paul Street, London, EC2A 4NE. Registered as a company in England & Wales; number: 12855931. Registered with the Information Commissioner's Office; registration number: A8986071. Past performance is no guarantee of future results.

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