San Diego Wire Transfer Fraud Attorney

Legal Help Seeking Reimbursement from Your Bank

Fraudsters can use wire transfer fraud, ACH fraud, online money transfer fraud, or other unauthorized electronic withdrawals to steal from victims. Wire transfer fraud (or electronic funds transfer fraud) is a dangerous threat to your bank account, and recovering stolen funds can be nearly impossible if you don't take the proper steps with your bank. Banks do not automatically reimburse victims for lost funds from wire transfer fraud, and frequently victims are left to fight with their bank over the issue of the stolen money. 

As such, it's important to understand the steps you must follow to protect yourself and receive reimbursement. However, understanding how to navigate banking laws and your bank's own fraud-reporting processes is much easier said than done. In these cases, having strong legal representation by your side is crucial to increasing the likelihood of getting your bank to reimburse you for the stolen funds. 

If you live in Southern California and were the victim of wire transfer fraud, The Mirkhan Law Firm can help. Contact us today to discuss your situation.

Safeguarding Against Electronic Funds Transfer Fraud 

An example of wire transfer fraud is when a criminal gains access to an online banking system and transfers funds from one account to another without authorization. This may also be done as a wire transfer or other electronic debit. In these cases, the victim can lose thousands of dollars. 

Tips for safeguarding against wire transfer fraud include: 

  • Avoid online transactions with unknown merchants 
  • Only work with legitimate businesses you trust 
  • Continuously monitor your bank accounts and credit score 
  • Use two-factor authentication whenever possible for an added layer of security 
  • Set up activity and/or fraud alerts on your financial accounts 

Unfortunately, wire transfer fraud is becoming more and more common, especially as online and mobile banking become more prevalent and widely used. It can happen to anyone at any time and even affects businesses and corporations. Below we discuss what to do if you discover you’ve been the victim of wire transfer fraud. 

Why Dealing with Wire Transfer Fraud Is So Challenging 

Dealing with wire transfer fraud can be a very challenging process for the average person. As previously mentioned, if the correct steps are not taken when disputing the fraudulent activity with the bank, you risk losing your legal rights and money. Banks will likely disclaim liability for your lost funds, and you will be left holding the bag. 

If you suspect fraud on your account, you should: 

  • Contact your bank or financial institution and inform them of the suspected fraud 
  • Request a full breakdown of all transactions on your account from the period when you suspect the fraud occurred
  • Monitor your credit report closely 
  • Keep an eye out for other unauthorized purchases, transfers, or debits from all your accounts 
  • Collect any evidence or documentation that the transfer was not authorized or performed by you 
  • Keep records of all communication with your bank
  • Contact our law firm to discuss how best to deal with your case 


Due to the nature of the crime, investigating wire transfer fraud cases is incredibly difficult. Victims may feel at a loss on how to restore their stolen funds. As such, it is incredibly important to take all necessary precautions when dealing with wire transfer fraud and consult an attorney to preserve your legal rights and avoid further losses.

Experienced Legal Guidance Can Make the Difference 

Once a scammer has gained access to your account, they can transfer money out of your account into their own bank account in the blink of an eye. To protect yourself from fraudsters, it is important to keep your passwords secure and be aware of phishing attempts and malware attacks. However, even someone with strong attention to online privacy and banking security can become a victim of wire transfer fraud. 

If this happens to you, you aren’t alone. We all like to think that our money is safe in the bank. Yet, as scammers get more sophisticated and aggressive, fraudulent wire transfers are becoming more common and difficult to deal with. This is where the Mirkhan Law Firm can help you. We understand the complexities of this situation and are familiar with all pertinent California state banking laws. With us on your side, you can have confidence knowing that we are ready to fight to help you recover what was unjustly taken from you.

Discovering someone has fraudulently transferred money from your account can be overwhelming. We are here to help you recover. Contact The Mirkhan Law Firm at (858) 281-2381