Lawyers e-Journal

Thursday, Oct. 10, 2013

New IOLTA scam targets attorneys

The Massachusetts Bar Association urges Massachusetts attorneys to be vigilant about recent scam reports involving IOLTA accounts.

There have been numerous e-mail messages sent bearing a forged return address. The messages allege that the recipient's IOLTA account has insufficient funds to pay an outstanding check and includes a .zip file attachment containing additional information and malware.

There is a strong possibility that these messages are part of a broader phishing attack targeted to legal professionals.

The full text of a message includes:

"Please see the attached Iolta report for 7448-1996.We received a check request in the amount of $19,521.42 for the above referenced file. However, the attached report reflects a $0 balance. At your earliest convenience, please advise how this request is to be funded."

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