Cash is not king when it comes to the latest round of scams.
The Federal Trade Commission has issued a warning to consumers that criminals are posing as government officials and asking people to use a gift card to pay a bogus tax bill or get a new Medicare card.
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.
With stiff sentences for 21 conspirators last week in the United States and a round of indictments in India, the Justice Department says it has broken up what appeared to be the nation’s first large-scale, multinational telephone fraud operation.
Why can’t the government catch these guys? That was the sentiment echoed in my inbox over and over as those Internal Revenue Service (IRS) impersonation phone scams exploded. It felt painfully slow, but arrests were finally made in the United States and India. This week, many of those scammers were sentenced for their crimes.
It may be summer, but the bad guys aren’t taking a vacation. The Acting Inspector General of Social Security, Gale Stallworth Stone, has issued a warning about an ongoing phone scam from thieves pretending to be from the Social Security Administration (SSA).
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.
Income tax filing season brings an increase in activity by would-be thieves using phone calls and email to try to get money out of taxpayers. That warning comes from the IRS. Phone scams often involve someone calling a taxpayer, telling them they owe taxes and could be arrested if they don't pay.
Be careful out there. That's the word from the Internal Revenue Service (IRS) as the tax agency reminds taxpayers about continuing aggressive phone scams. Those phone scams are "a major threat to taxpayers" and as such, continued to hold down a top spot on the IRS "Dirty Dozen" list of tax scams for the 2018 filing season.
Tax scammers are a creative bunch. The IRS keeps track of the most common tax-related crimes, and the list is long and varied.
Only a few days into the tax-filing season, the IRS is sounding an alarm about a new tax scam. Specifically, it's warning tax preparers to be on guard about the scam, which is aimed at stealing taxpayers' refunds by using data compromised in tax preparers' offices.
(SALEM, Ore.) — A Nigerian man has been sentenced to seven years in federal prison for his role in the bilking of over $11 million via an identity-theft scheme from the Internal Revenue Service, the U.S. Attorney’s office for Oregon said Tuesday.
Anandkumar Nayee moved from India to Miami during the two years and four months he and his cohorts spent scaring money out of people using an IRS phone-call scam.
The U.S. Department of Justice on Thursday announced two more guilty pleas from men copping to the money laundering end of a massive fraud involving Indian call centers impersonating tax and other officials to extract hundreds of millions of dollars from victims nationwide, bringing the number of guilty pleas to 13.
WASHINGTON – The Internal Revenue Service today issued a warning that tax-related scams continue across the nation even though the tax filing season has ended for most taxpayers. People should remain on alert to new and emerging schemes involving the tax system that continue to claim victims.
Tech support and IRS scams have become as common as random emails proclaiming that you've won the lottery, or emails from prince in some foreign land who wants to share their wealth.
THANE: A key aide of Sagar Thakkar, the alleged kingpin of the IRS scam -- which duped thousands of Americans of over USD 300 million by reaching them via call centres posing as US officials to extort money -- has been arrested from Delhi, Thane Police said today.
Taxpayers across the country breathed a sigh of relief after the arrest of Sagar Thakkar, a 24-year-old Indian man accused of running those Internal Revenue Service (IRS) phone scams. Indian police arrested Thakkar earlier this month, claiming he was the mastermind behind the scam where callers posed as IRS agents to collect bogus tax debts. According to the local police, the lack of response from American law enforcement authorities familiar with the investigation has been deafening.
With the April 18 tax deadline approaching, Better Business Bureau is warning people about an IRS phone scam that circulates during filing season.
The “Dirty Dozen” list of Tax Scams for 2017 has been released by the Internal Revenue Service. Inside this list resides some all too common and devastating tax horrors of which to be aware and vigilant. The top 4 most common tax scams are: phishing, phone scams, identity theft and return preparer fraud. Let’s take them one at a time to make sure you have a seamless tax season.