Real estate bad cheque fraud
In this type of scam the fraudster pretends interest in a property and sends a certified cheque or bank draft as a deposit or full payment that will be deposited in the lawyer’s trust account. Soon after, some reason will be given for backing out of the deal and the fraudster will ask for the deposit or payment back, minus whatever legal fees and penalties the lawyer holds back. Of course, the original cheque was fraudulent, so any amount the lawyer sends to the fraudster will cause a shortfall in the trust account.
Here are the names we’ve seen attached to this kind of fraud. The date in bracket is the most recent report we’ve seen indicating this fraud is still active.
Baker Bin Saud, Abu [June 2011]
Chau, Pully [Jan 2013]
Chan, Yu [March 2013]
Cheung, Kin Hang [June 2012]
Hayate, Haru [June 2012]
Jiao, Huan [September 2011]
Joji, Shiukmoda [Jan 2013]
Kazuhiro, Hideki [June 2012]
Lei, Dah Sing [February 2012]
Matsui, Hideki [November 2011]
Rai, Siam [December 2010]
Scott, William [October 2011]
Sue, Yoshi Jones [July 2011]
Thomas, Yuang [February 2012]
Tu, Jyoung Chung [Nov 2012]
Wang, Yingge [September 2010]
Wayne, Ellis [April 2012]
Yuki, Hosni [October 2011]
