WARNING:  FRAUD ATTEMPTS TARGETING LAW FIRMS IN OKLAHOMA

The Oklahoma Bankers Association has posted the following warning involving individuals targeting law firms.
A typical case would involve assisting someone with a trust account or the purchase of property or a business.  The individual(s) will pose as a new client and send a corporate or cashier’s check for deposit.  Then, they will claim they have sent too much and ask for you to wire back the overage.  They will be in a hurry to get the overage back and request that you rush the process.  The fraud will be complete before the bank can notify you that the check was counterfeit.

RED FLAGS:
1.     Large cashier’s or corporate check from a new client on whom you have little information
2.    Request that you return funds by wire
3.    Request that wire be directed outside the U.S.
4.    Use of TDD hard of hearing relay or lack of any phone contact
5.    Urgency for any and all transactions