Tag: Friday Fraud
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Finally…good news for conveyancing lawyers
I can understand why a conveyancing lawyer might have a persecution complex. During the last twenty years the industry has been subjected to ever more risks at a time when fees are being driven down. As if to add salt into the wound, it is often to lawyers who are the first port of all…
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Does a Friday Fraud start with a Spoof Sale Memorandum ?
Conveyancing fraud is on the rise and the consequences for victims are devastating and often life-changing. It is a major concern for law firms and PI Insurers alike. New figures show that the rewards for the gangs are potentially huge, with each successful scam worth on average more than £112,000. It is believed that…
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Phish on Fridays
‘Friday afternoon scams’ continue to be on the increase and cybercrime is set to be one of the hot areas of risk for conveyancing firms in 2016. Such scams may involve cyber crime fraudsters hacking into a law firm’s systems.This could apparently be done by the simple expediency of sending an seemingly trustworthy email with…