Commercial debt collection scam using the names Kiyoshi Tin and Gems Medical Equipment
Date First Reported: September 2014
Primary Name Associated: Kiyoshi Tin
Description of Potential Fraud:
Seven firms in Ontario and the U.S. have notified us that they received an email from the purported Kiyoshi Tin of Gems Medical Equipmentlooking to looking to retain them with regards to a commercial debt collection.
This is a classic bad cheque scam that presents as legal matter requiring the assistance of a lawyer. In this scam lawyers will be duped into wiring real funds from their trust accounts after depositing a fake cheque received as payment from the debtor (who is part of the fraud). See our Confirmed Fraud Page for more of an explanation of how these frauds work and to see other names associated with it. Our Fraud Fact Sheet lists the red flags of a bogus legal matter that is really a fraud.
Here is the initial contact email sent by the fraudster to the lawyer:
From: firstname.lastname@example.org [mailto:email@example.com]
Sent: Monday, September 08, 2014 11:36 PM
Subject: Legal Assistance Required!
We require your assistance to sue our client for breach of contract, Please advise. Mr Kiyoshi Tin. Gems Medical Equipments Ltd.
Replying to the email brought this response:
Top of the day to you Attorney.sequel to your recent mail,First I must thank you for your interest in this endeavor but before we commence it will be better you know more about our company, GEMS Equipments Ltd is a surgical and medical equipment manufacturing company based in Japan & United Kingdom. We are one of the largest manufacturers and suppliers of health care products to America and overseas markets.
We have discovered that past dues are over $5,000,000.00 for Months now. We believed that we would have been paid this monies if we have a reputable Law Firm like yours to contact this customers on our behalf and demand payment. So we decided to contact you if you can and help in collection of these delinquent accounts.
Below are the areas we would require your expertise:
1) Provide legal consultation, collections of delinquent due accounts,required representation / bring actions in court against the delinquent customers based on
agreed amount per hour or percentage on collection made. and would be placed on a 10% contingency fee of the total sum you collect on behalf of the company
We are of the opinion that once our presence is established in your City via legal representative our customer will have no option but comply with payment request to avoid legal action/litigation.
We understand that a proper Attorney Client agreement must be entered into by both parties so we want you to send us your standard letter of engagement or retainer fee agreement for us to review and sign, then we will provide you with the retainer fee and the delinquent accounts.
Please accept my sincere appreciation for your willingness to render your services, as we look forward to your prompt response to my email. If you have any questions, you can contact me personally anytime by Phone or email, It will be very helpful if we receive your standard contingency agreement/engagement letter in order to proceed forward.
Gems Medical Equipments Ltd
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 firstname.lastname@example.org.
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. Instructions on how to report a claim are here.
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Fraud Fact Sheet More 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.