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ABA Warning

Posted by David Hardy · 26 June 2010 11:11 AM

The ABA (of which I am a proud non-member) reminds us that a JD and partnership in a major firm give no protection against being fleeced by really dumb internet scams. The comments are interesting, too.

Comments

Is nothing sacred? Whatever has become of professional courtesy?

Posted by: Jim D. at June 26, 2010 11:40 AM

I don't see how banks can afford to let this continue. In this case the bank could get the money back from the law firm, but what if the depositor of the $500k fake cashiers check sent the money to an accomplice instead of to the scammers, and then disappeared. Then the bank would be out the $500k for having accepted the fake check. It seems like verifying the authenticity of cashiers checks over $50k would be simple and routine.

Posted by: Critic at June 26, 2010 03:11 PM

I'm not an ABA member, either. They can kiss my squirrel before they'll get any money out of me.

Posted by: Letalis Maximus, Esq. at June 26, 2010 05:07 PM

Pretty old news, but that's what I expect from the ABA and the FBI.

However, years ago, I spent some time working for a firm that handled call-in group legal questions. It astonished me how often attorneys in the firm could not spot scam setups in the questions they received.

Posted by: SPQR at June 26, 2010 05:36 PM

Gee, don't lawyer know everything?

Posted by: Rich at June 27, 2010 07:42 AM

That's supposed to be lawyers and you would be surprised how many highly educated people get sucked in by these things.

Posted by: Rich at June 27, 2010 07:43 AM

These scams only work on greedy people....

I'm normally in the "greed is good" camp, but when someone says "cash this $500k check, take $20k for your trouble and wire me the rest", an intelligent person puts his greed on hold and engages his brain.

Posted by: Brian at June 28, 2010 09:27 AM

Also a proud non-member of the ABA. What a joke of an organization. Purporting to speak for all lawyers. Please. Bunch of gun-hating morons. Paying dues to ABA negates the effects of paying dues to NRA.

Posted by: Utah Man at June 29, 2010 12:09 AM

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