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For fraudsters, conveyancing is a prime target. With transactions involving thousands of pounds and correspondence often occurring online, it’s no wonder that it’s the most popular area of legal practice for criminals to take advantage of.

Conveyancers have seen a number of cases go through the courts involving identity fraud, resulting in the loss of client money; each causing them to carefully consider their practices to avoid liability.

Last year saw some noteworthy decisions made in the courts relating to the conveyancing industry. These decisions, coupled with the Code of Conduct in particular Principle 10, are of paramount importance to conveyancers when considering the protection of client money and the significant risk which cybercrime presents.