Cashier's Check Scam Targets Attorneys
Julie Andersen Hill
University of Alabama - School of Law
March 1, 2011
Journal of Consumer & Commercial Law, Vol. 14, p. 54, 2011
U of Houston Law Center Paper
A modern version of advance fee fraud involving cashier's checks and wire transfers is targeting attorneys. Attorneys are contacted by a purported client and asked to collect a debt or perform other legal work. The attorney typically performs only a small amount of legal work before receiving a cashier's check on behalf of the client. The client instructs the attorney to keep his or her fee and wire the rest to the client. After the wire has been completed, the attorney learns the cashier's check was fraudulent. This article discusses the legal implications for attorneys caught in the fraud and offers suggestions for spotting and avoiding scam.
Number of Pages in PDF File: 5
Keywords: cashier's check, wire transfer, Uniform Commercial Code, fraud, good faith, attorney trust accounts
JEL Classification: G20, G21, K20, K23
Date posted: September 27, 2012
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