EFRI is the abbreviation for European Funds Recovery Initiative. The legal entity behind this Initiative is a not-for-profit organization (EFRI-Association) registered in Vienna, Austria. Here you can find the statutes of the not-for-profit organization.
In a nutshell, EFRI fights cybercrime and asks for refunds for its ripped off members from the scammers and from the European organisations (like payment service providers and banks) which support them.
We strongly believe that a big group victims fighting the scammers and asking the authorities for help in a structured way can make a difference and can help to stop this kind of fraud in Europe.
Please read more here about our Mission.