A business client is suing UMB Bank and a Memphis law firm for honoring an intercepted and altered check involved in a scheme where a fraudster used the law firm as a proxy.
Ward-Kraft Inc. of Fort Scott, Kan., and its insurer, Twin City Fire Insurance Co., are suing UMB Bank and law firm Farris Bobango Plc. The suit was filed May 1 in Kansas federal court.
Ward-Kraft sent a $7,500 check dated April 9, 2018, from its UMB account to a vendor in Ontario called Arcis Digital Security Inc. But the…
A business client is suing UMB Bank and a Memphis law firm for honoring an intercepted and altered check involved in a scheme where a fraudster used the law firm as a proxy.
Ward-Kraft Inc. of Fort Scott, Kan., and its insurer, Twin City Fire Insurance Co., are suing UMB Bank and law firm Farris Bobango Plc. The suit was filed May 1 in Kansas federal court.
Ward-Kraft sent a $7,500 check dated April 9, 2018, from its UMB account to a vendor in Ontario called Arcis Digital Security Inc. But the…