Business debt collection scam by Ken Moore
Date First Reported: September 2012
Primary Name Associated: Ken Moore
Description of Potential Fraud:
Two Ontario lawyers have notified us that they’ve received an email from the purported Ken Moore looking to retain them with regards to a breach of a business loan agreement. This is similar to other frauds of this kind we have seen. For a full description of how this fraud works and to see other names attached to it, see our Confirmed Fraud page that deals with business loan frauds.
Here is the email:
From: Ken Moore
To: lawyer email
Date: 09/20/2012 10:08 PM
Subject: Assistance required
My company is currently looking for a Law Firm that can assist us with the issue of an overdue loan of ($850,000.00 )that I had provided to a former business partner of mine Benjamine Ford. If you or your firm can handle this matter, get back to me at your earliest convenience so that I can provide detailed information and related documents on this issue.
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.
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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.