Fake law firms on the rise

Posted By: James

Thursday 5th March 2015

Figures from the SRA show reports of fake law firms have increased by 125% in the last two years. The regulator said it recorded 701 reports about bogus law firms in 2014, up from 312 in 2012. It follows a warning from the Law Society of Scotland that the number of fake firms is on the rise. "The type of thing is [when] you receive a text message or email that tells you that you can claim compensation when you have no reason to expect that you can," said Paul Philip, chief executive of the SRA. Mr Philip also told the BBC that more reporting of cases might be behind the rise in numbers that the SRA was seeing. “Given that we are raising awareness, it is not completely surprising that we are getting more reports," he said. The Law Society is in the process of launching a system offering additional checks on the identity of conveyancers.

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