Law Society warns home buyers about risk of payment diversion fraud
The Law Society of England and Wales, along with the National Economic Crime Centre (NECC), has issued flyers warning home buyers of the risk of payment diversion fraud.
Fraudsters have targeted property purchases and defrauded victims out of hundreds and thousands of pounds by using spoofed email accounts and ‘tricking people into transferring over their house deposit and /or the balance of purchase monies to them.’
The frauds almost always involve the criminals pretending to be the victim’s lawyer to con them into diverting their payment to an account the crooks control.
See the flyer in full here
