Difficult to Get Money Back From Online Scammers: Chilton

The video discusses the challenges faced by regulatory bodies like the CFTC in investigating financial schemes that affect retail investors. It highlights the limited resources and difficulties in international cooperation. The role of banks in preventing fraud through customer education and due diligence is also explored. The video emphasizes the need for consumer education and compares the regulatory capabilities of the US with other countries, noting the global issue of financial literacy.

What is the significance of having a single accountable regulator in combating financial fraud?

What steps should investors take if they believe they have been duped in a financial scheme?

How do different jurisdictions complicate the investigation of financial fraud?