PYMNTS

DECEMBER 17, 2020

The IRS and a coalition of state tax agencies and tax industry officials are warning individuals that fraudulent text messages are circulating promising people a way to access their $1,200 direct deposit with a link to “complete the last step to finalize the transaction.” The “stimulus” scams are already out there, reports NBC News.

Scams 84

Scams IRS Federal Trade Commission FTC 84

Payments Source

APRIL 11, 2019

Tax-related identity theft can be especially worrisome, not only for the monetary consequences it carries, but tax documents often contain highly sensitive information, like Social Security numbers, writes Paige Schaffer, president and COO of Generali Global Assistance’s Identity and Digital Protection Services Global Unit.

Identity Theft 69

Identity Theft Security Social Security Innovation 69

FICO

MARCH 8, 2021

This year the Internal Revenue Service (IRS) will start accepting 2020 tax returns on February 12 , about two weeks later than usual. IRS records indicate they received wages from an employer unknown to them.”. Don’t share your Social Security Number. Why is that important? How do fraudsters commit tax refund fraud?

Tax Refunds 52

Tax Refunds Identity Theft IRS Returns 52

PYMNTS

MARCH 26, 2016

According to court documents , Montgomery, Alabama resident Wendy Huff, who worked at two different insurance companies between January 2013 and August 2015, stole personal information of her employers’ customers, including their names, social security numbers and dates of birth.

Identity Theft 56

Identity Theft Treasury Checks Debit Card IRS 56

FICO

AUGUST 12, 2019

Industry estimates attribute around 80% of credit card fraud losses to synthetic identity fraud and child identity theft. (On On a clarifying note, synthetic identity creation is sometimes considered first-party fraud, whereas identity theft is considered third-party fraud. How Fraudsters Target Children.

Identity Theft 40

Identity Theft Federal Trade Commission Credit Cards Social Security 40