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Property Fraud

It is a daily event for a law firm to have to verify clients and other parties to the transaction including other firms of solicitors to ensure that they are who they say they are.

Fraudsters are targeting law firms and cyber crime is a constant worry with a majority of property transactions being dealt with by law firms electronically through email communication and the banking system.  

It is common practice now for law firms not to provide their bank account details by email due to cyber crime.   If bank account details are received by email the recipient should telephone the sender on their usual telephone contact number to check the bank account details are correct before sending any funds.   QualitySolicitors Parkinson Wright have a stringent verification process in place not only to safeguard our firm but also our clients from possible property fraud.

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