This podcast episode discusses the role of the Secret Service in handling wire fraud recovery. Unlike local police or the FBI, the Secret Service specializes in seizing funds from fraudulent transactions within a critical 72-hour window. The host shares key insights, including their authority to freeze assets and recover stolen money without a conviction. A case example of $850,000 recovered after fraudulent wire instructions illustrates their effectiveness. Listeners are urged to act quickly if victimized by wire fraud by contacting their local Secret Service office, preserving evidence, and notifying financial institutions. The episode emphasizes the urgency of intervention and provides practical advice to mitigate financial losses. Chapter 1: Understanding Wire Fraud and the Secret Service's Role (0:07 - 0:50) -Introduction to the podcast and today's topic. -Explanation of why the Secret Service, not local police or the FBI, is the appropriate agency for wire -fraud cases. -Overview of the Secret Service's unique authority to seize funds without a conviction. Chapter 2: How the Secret Service Recovers Stolen Funds (0:51 - 2:05) -Description of the Secret Service's jurisdiction over wire fraud, credit card fraud, and computer-based crimes. -Explanation of the 72-hour window to freeze transactions and prevent further financial loss. -Example case: Recovery of $850,000 stolen via hacked email and altered wire instructions. Chapter 3: Steps to Take if You’re a Victim of Wire Fraud (2:06 - 3:46) -Practical advice: Contact the Secret Service immediately, preserve evidence, and inform financial institutions. -Importance of acting quickly, as the Secret Service's intervention capabilities diminish after 72 hours. -Closing remarks encouraging listeners to share this knowledge and stay prepared in the digital age. Learn More nytfire.com Text 📱 210-972-1842 Help support the show. https://podcasters.spotify.com/pod/show/nytfire/support