Tax scams and fraud are nothing new, but criminals keep finding new ways to work an old game. As a result, the IRS is warning taxpayers about a new refund scam that actually waits until money is in the victims’ account before stealing funds from them.
Identity theft is not a single crime.
Tactics like check washing, stealing mail, and snatching wallets or driver’s licenses can still lead a thief to your information and your finances.
Security experts have warned consumers for years that their smartphones could be an easy gateway to their identities.
The IRS is inundated with scam activity every year, from fraudulently filed tax returns to tax refund theft to victim calls about threatening phone calls. There is so much tax-related scam activity, in fact, that this year the agency is issuing widespread warnings about what the public can do to help minimize the threat.
Posted by Eva Velasquez, CEO, Identity Theft Resource Center
It feels like criminals are one step ahead of the latest loss preventive strategies, and that may very well be the most accurate assessment of crimes like identity theft. Synthetic identity fraud a newer form of identity theft, is already believed to be responsible for about $6 billion in theft in 2016 alone, and shows no signs of slowing down.
Tax Identity Theft Awareness Week 2018
Scammers and identity thieves have been gearing up for this time of year for a while now in hopes of stealing your refund before you ever get around to filing.