Yes, even sophisticated, well-educated attorneys have been the victims of scams. Not all of them are run by a guy in his mom's basement; there are sometimes complex criminal organizations behind the deception. Even firms who routinely perform significant due diligence have been duped for thousands of dollars. In fact, one scam was so clever it successfully tricked over eighty different firms. But not all hope is lost. Being aware of the issue and taking the right precautions can prevent you or your firm from becoming the next headline.
The United States Government may seem all-knowing and powerful, but in truth, it is often susceptible to fraud and deception. Everyday, especially during tax season, individuals or companies attempt to defraud the government in order to receive or avoid paying money. To combat this fact, the U.S. decided to pass the False Claims Act which incentivizes the disclosure of fraudulent activities by rewarding citizens who come forward with information a percentage of any recovered funds. Since its enactment in 1987, the government has recovered over $30 billion of fraudulent funds. Nearly $3.5 billion of that amount has been paid out to the citizens who helped uncover the fraud.