Post Roundup: Fraud
CLIA has a strong commitment to loss prevention. We take a proactive approach to avoiding claims and developed a Loss Prevention Strategic Plan to more focus our energies on helping lawyers find the loss prevention resources they need. In case you missed it, here is a collection of fraud alert posts to help you better manage your practice and avoid errors:
Through notifications received by our Subscribers and partners, we aim to alert you about the most recent frauds against members of the profession. Information and tips for avoiding being a victim of fraud has been developed by several jurisdictions. See, for example, the notice provided by the Lawyers Indemnity Fund in British Columbia.
CLIA Subscriber jurisdictions continue to see claims involving hacked emails. This is also known as social engineering - where fraudulent electronic communications or websites designed to impersonate you or your firm cause you damage. In a recent example, a hacked email from a lawyer in the firm provided instructions for funds to be paid to a bank in another jurisdiction rather than the local financial institution on file.