It is important for you and your staff to be aware of possible fraudulent activity, particularly if you begin working with new clients whose services require the use of your trust account.
The Alberta Lawyers Insurance Association (ALIA) strives to provide information about fraudulent schemes targeting Alberta lawyers through their ALIAlert program, by sharing tips and information to help lawyers prevent fraud and losses from occurring. In addition to this information, we also have a series of links to other websites that can act as additional references for protection against fraud. There is rarely one single indicator or red flag that will tip you off, but more likely you will notice a pattern of behaviour that raises your suspicion. By using the resources and support systems available and following your instincts, fraud can be prevented.
To report suspicious or potentially fraudulent activity of which your colleagues should be aware, please send an email to the ALIAlert mailbox. If you are aware of any theft from your or your firm’s trust or general account, you must immediately report it to the Executive Director of the Law Society.
The Law Society of Alberta’s Practice Advisors are also an excellent source of confidential advice and support.