Please see the following Alert recently sent by LawPRO in Ontario to its insureds. Fraudsters were able to access several law firm trust and general accounts and transferred funds from them.
It appears likely that the insureds or someone in their firms gave up basic bank login credentials through imposter calls or phishing messages.
If you or your staff receive suspicious calls about your credit cards or bank accounts, at a minimum you should:
- call your bank immediately using a trusted and verified phone number;
- review recent transactions; and
- take steps to secure your account (e.g., change your login and authentication credentials).
Read “Watch for unauthorized wire transfers from your trust account” (LAWPRO, January 5, 2026)