Tuesday, July 1, 2008

Let The Lawyer Beware

Here's a link to an interesting article on the web page of the California Bar Journal about lawyers falling victim to Internet scams. From the article:

Internet scammers have found a new and sometimes vulnerable target: American lawyers. And some take the bait. “I didn’t have my radar high enough to see what was going on,” says one chagrined Long Beach lawyer who entered into an agreement with a bogus client and went so far as to send $193,000 from his client trust account to a Hong Kong bank because he believed a cashier’s check he had received from a well-known financial institution was good.

Fortunately for the attorney, who asked not to be identified, his bank, City National in Los Angeles, acted quickly enough — but just. After learning that the cashier’s check was fake, the bankers stayed late at work so they could contact the Hong Kong bank when it opened in the morning and they were able to stop the money from being deposited into the scammer’s account.

(Mike Frisch)


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