Revolut issued a prepaid Mastercard for me and I transferred 100 to top up my account. However they refuse to credit your account due to a "technical issue" on their side. If this is not a fraud, please kindly explain the fraud definition to me.
I filed a complaint with the FCA and the information I provided has been logged against Revolut as part of FCA regulatory responsibilities. Moreover, FCA forwarded my complaint to the Financial Ombundsman Service AND asked me to to communicate this case to ACTION FRAUD, who are the UKs fraud and internet crime reporting organisation. I will make a police report still today.
I am by far not the only one, who suffered from Revolut, the internet is full with reports from unfortunate Revolut clients, whose money "disappeared" after being sent to Revolut. Again, if it is not a fraud, what is that? Greediness, stupidity, incompetence, or combination of all above?
Any case, combating fraud is important for every individual and the entire community. I lost "only" 100, but I will not stop until the founders and executives of Revolut have been brought to justice.