CLLA Newswire | Scam Alerts
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Important Information Regarding Trust Account Fraud

Staff, Staff | June 13, 2011

The Colorado Supreme Court Office of Attorney Regulation received specific information regarding a trust account scam operating out of Canada. The fraud involves purported collection on a promissory note and involves both the lender and the debtor. The “client” is seeking the assistance of the lawyer in collecting on the promissory note. Shortly after making a demand for payment, the lawyer receives cashier’s checks drawn on an Ohio bank. The checks total $80,000. The “client” expects the lawyer to run the checks through the lawyer's trust account and then forward the funds to the “client.” The cashier’s checks pass the typical fraud detection safeguards and appear legitimate. A slight spelling error is the only indication of fraud. All Colorado lawyers should be wary of any similar scheme. If you are the recipient of telephone calls or emails seeking legal assistance in matters similar to the above facts, you should take all necessary precautions to verify the negotiability of the checks. Please contact your office of attorney regulation and law enforcement with any information related to this scheme.

Office of Attorney Regulation
Colorado Supreme Court
1560 Broadway, Suite 1800
Denver Colorado 80202
United States
(303) 866-6400

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