By Diane Curtis
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.
Read entire article here.
This piece makes clear an important point; i.e., when bank employee on the other end of the phone say the funds are “available”, that is not the same as saying the funds are “cleared”.