Are You A Victim Of These Scams Targeting Seniors

February 15, 2017

An IRS impersonation fraud that has victimized thousands of Americans leads a 2017 U.S. Senate ranking of the Top 10 scams targeting senior citizens.

Dubbed by the Treasury Inspector General for Tax Administration as the most pervasive impersonation fraud in IRS history, the swindle involves suspected scammers based in the U.S. and India who telephone Americans and threaten arrests unless purported tax debts aren’t paid immediately. At least 1.97 million people have been targeted, with as many as 200 victimized per week during the scam’s peak last year, according to the inspector general...