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Stay One Step Ahead of Would-Be Scammers

Related Attorneys: David E. Harris

Most companies spend years establishing themselves as legitimate businesses, and to have that reputation be jeopardized because of fraud committed by others is aggravating, to say the least.

That's what happened to Bond Street Capital Cos., which recently reported that someone used its stationery to forge commitment letters in order to dupe two would-be borrowers into believing they had loans from the company. According to Joe Forman, the company's chief executive officer, it was the third time in two years that something like this had happened to Bond Street.