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Scammers targeting lawyers with sophisticated frauds

Thursday, January 25, 2018 @ 12:56 PM | By Donalee Moulton

A B.C. law firm recently paid out a six-figure sum — to a fraudster. The sophisticated scam, known as a social engineering fraud, showed the degree to which scammers today will go to swindle law firms and their clients.

The Law Society of British Columbia said the fraud, which likely took weeks, even months, started when the perpetrators hacked the law firm’s computer. They then patiently waited for an opportunity to arise. When one lawyer was away on vacation, the fraudsters sent an e-mail directly from...