Commercial debt collection scam by Mark Rudic
Date First Reported: July 2011
Description of Potential Fraud:
In late June and early July two Ontario lawyers reported a business loan collection scam by someone purporting to be Mark Rudic. This is identical to fraud attempts occuring at the same time under the name Dr Richard Abramovic. For full details of how these kinds of frauds work see our Fraud Fact Sheet. For a full list of other names attached to this kind of fraud see our Confirmed Fraud Page.
The email exchange with one of the lawyers, as well as samples of the documentation provided by the fraudster, are below:
From: Mark Rudic [email protected]
Sent: Tuesday, May 17, 2011 1:16 PM
To: undisclosed recipients:
Subject: Mark Rudic.
My name is Mark Rudic and I provided a business partner of mine Mr Roger Bayda a business loan in the amount of $485,000.,
He needed this loan to buy some equipment for his business in 2008. Mr.Bayda is based in your Jurisdiction .
The loan was for 24 months and interest rate of 8.75%.
The capital and interest were supposed to be paid on April 15th 2010 but Mr. Bayda has only paid $92,100.
Please let me know if this fall within the scope of your practice so that i can provide you with the loan documents and answer any other questions you may have.
Please find enclosed a sample copy of our retainer agreement for your review. If you want to proceed to retain XXXXXXXXX LLP I will need to meet with you and obtain copies of proof of your identity and undertake a conflict search. Assuming that there are no conflicts we will need a signed retainer agreement and $5,000 to proceed.
From: Mark rudic [mailto:[email protected]]
Sent: Sunday, June 12, 2011 9:14 AM
Subject: RE: Need your Legal Assistance
Thank you for your email. Your retainer amount is aceptable by me as i have confidencce in your legal and administrative competence.
We agreed that my money will be refunded after two years, and the agreed period is past and he still has not paid me back. The loan was a personal loan in connection with the equipments he needed to by for his personal business.
He is aware of my intention to seek legal actions. He is a senior civil engineer, and i was reliably informed that he just got paid for the contract job he executed.
I want you to assist in the collection of these funds and represent me in connection with any matter with the resolution of the Agreement reached, particularly as he is presently within your location presently.
I have just advised him of my intention to retain your firm and from his responds he seem to be afraid of litigation. Please advise so that we may proceed. I live in Brantford but am presently on an assignment here in Kuala Lumpur, Malaysia. I look forward to hearing from you. Find attached the loan agreement.
How to handle a real or suspected fraud
If you have been targeted by any of these frauds, please forward any of the emails and supporting documents that you have received to [email protected]
If you suspect you are acting on a matter that might be a fraud, call LAWPRO at 1-800-410-1013 (416-598-5899). We will talk you through the common fraud scenarios we are seeing and help you spot red flags that may indicate you are being duped. This will help you ask appropriate questions of your client to determine if the matter is legitimate or not. If the matter you are acting on turns out to be a fraud and there is a potential claim, we will work with you to prevent the fraud and minimize potential claims costs.
If you have been successfully duped, please immediately notify LAWPRO as there may be a claim against you.
For more immediate updates on fraud and claims prevention, subscribe to the email or RSS feed updates from LAWPRO’s AvoidAClaim blog.
Fraud Fact SheetMore fraud prevention information and resources are available on the practicePRO Fraud page, including the Fraud Fact Sheet, a handy reference for lawyers and law firm staff that describes the common frauds and the red flags that can help identify them.