The recent bust of a large fraud and money laundering conspiracy highlights one key takeaway for you: Be wary of who is on the other end of your phone line — particularly if they claim to be the IRS.
Rebecca Schulte, 24, was at her apartment in West Hollywood, California, when she received a call from a familiar area code. She picked up.
If you've picked up the phone only to hear the start of an automatic recording, you're not alone. Roughly 16.3 billion of these calls have been placed just in the first five months of 2018, according to the YouMail Robocall Index.
The phone rings, pauses, and then a recording on the line says: "Hello! This is Rachel at cardholder services," or "This is an important notice about your automobile."
Despite all the warnings and news coverage, telephone scammers continue to run very successful "businesses" posing as Internal Revenue Service agents.