The IRS warns taxpayers of a new twist on an old scam. Criminals are depositing fraudulent tax refunds into individuals’ actual bank accounts, then attempting to reclaim the refund from the taxpayers.
Here are the basic steps criminals follow to carry out this scam. The thief:
• Hacks tax preparers’ computers to steal taxpayer data.
• Uses the stolen information to file tax returns as the taxpayers.
• Has refunds deposited into taxpayers’ bank accounts. Read more