Fraud alerts - 2015
Bogus banks calls - April 2015
Bogus bank calls
We have been made aware of a number of recent 'bogus bank calls' which coincides with the release of a further warning from the SRA to solicitors in England & Wales.
Cashroom Managers are reminded to ensure that all relevant staff are made aware of this threat and how to minimise risks.
Funds transfer instructions received by email
Marsh have recently issued a risk alert regarding funds transfers instructions received by email.
The alert from Marsh states “we have been made aware of thefts and attempted thefts of client funds and firm’s own money where, believing them to be genuine, law firms have acted on an email providing bank details or payment instructions for funds transfers”.