Another Law Firm Hit By Check Fraud Scheme Fails To Shift Loss To Its Depository Bank

LexisNexis (July 6, 2017, 2:46 PM EDT) -- In recent years we have witnessed a continuing flow of litigation in which a law firm is scammed by a con artist who gets a big wire payment from the law firm in exchange for a bogus check.  When the check is bounced by the drawee bank, the law firm's provisional credit is reversed.  The law firm is convinced that the bank shouldn't have let this happen, but the courts have repeatedly rejected attempts to shift the fraud loss to the gullible customer.  The most recent...
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