Toronto Star Article on Frauds Targeting Lawyers
Today’s Toronto Star has an article on the email-based scams that have been plaguing lawyers the last few years.
It claims that these frauds have cost law firms in North America $70 million. That sounds like a huge figure at first, but from what we’ve seen the size of these scams are about $200,000 to $300,000, so it would only take about 250 or so lawyers to fall for it to reach that total. practicePRO’s fraud-reporting email address has received thousands of emails since it was set up, but that’s probably only represents a small portion of the lawyers who . . . [more]


