In recent months, we’ve seen a scam aiming to social engineer payroll information out of employees hit well-known companies like Snapchat and Seagate. The fraudsters’ goal is to get employees’ personal information and salary data, and file tax returns to collect refunds under their names. Now the tax scammers have found the ultimate source of payroll data: they’re able to access some companies’ accounts with payroll processing company ADP. [More]
tax refund fraud
6 Things We Learned About The IRS’s Fight Against Fraud And Identity Theft
Things are difficult for the IRS right now. For the last few years, people contacting the IRS have encountered lengthy phone hold times, and identity theft and refund fraud drain billions of dollars’ worth of tax refunds into the pockets of international criminals. The Government Accountability Office has the job of overseeing government agencies, including the IRS, and it released a new report today about its issues and possible ways to fix them. [More]