Thieves Steal Confidential Taxpayer Info Via IRS Website

Just when you thought you were safe to access important and confidential information via the IRS website, it turns out scammers are at it again. According to reports from the IRS, thieves have managed to break into one of the government agency’s website services and steal the confidential information of thousands of taxpayers.

In fact, according to reports, the IRS says that the personal information of more than 100,000 taxpayers has been compromised. The idea behind the scam is to steal people’s private information in order to use the victims’ identities to then file false tax returns. The scam occurred through the IRS’s “Get Transcript” service, where taxpayers are able to access their returns and other filings from prior tax years. 

According to IRS Commissioner John Koskinen these scammers are not amateurs. They appear to part of a large criminal syndicate that is attacking the entire financial industry in an effort to defraud both taxpayers and the government of millions.

The IRS discovered the issue after technicians noticed a large bump in the number of taxpayers that were asking for transcripts. While this kind of elaborate tax fraud continues to increase, the IRS claims that so far this year tax scammers have successfully claimed less than $50 million via false tax returns. However this new threat appears to very complex and the information that has been stolen could also be used in future tax seasons to defraud the IRS and taxpayers out of even more money.

Posted in
Stephen Silver

Building a Jewelry Company | Stephen Silver

  About Stephen Silver Stephen Silver Fine Jewelry is considered one of the United States’ premier jewelry houses. Founder, Stephen Silver, is a gemologist, artist, and philanthropist. Toronto born, Stephen moved to the San Francisco Bay Area as a teenager. Intrigued by science and minerals from a young age, Silver studied geology at San Diego…

Jerry Brenholtz

Rising from Rubble to Build an Empire | Jerry Brenholtz

  About Jerry Brenholtz Jerry Brenholz co-founded ATR International, Inc. in 1988. He has been instrumental in developing ATR into an important provider of contract staffing for Information Technology. In his current role, he is responsible for establishing a corporate-wide vision and defining strategic direction. Prior to ATR, Jerry held various technical positions with General…

Saving Lives Through Glycoproteomics, Aldo Carrascoso

Serial Entrepreneur | Aldo Carrascoso

  About Aldo Carrascoso Aldo Carrascosois the Founder and COO / CTO of Veem, a company that utilizes Blockchain to allow individuals to make cross border payments in local currencies. The company was conceptualized by Aldo when learned that individuals making cross border payments were having to pay up to 25% of the transfer amount…

Gerald Carroll

Turning Tragedy into Positive Experiences | Gerald Carroll

  About Gerald Carroll Gerald Carroll is a partner with Burnham Brown law firm in their Oakland office. He specializes in Construction and Professional Liability Law. Prior to coming to Burnham Brown, Jerry along with his partner ran their own law practice, Hartman and Carroll for 20 years. Jerry graduated with honors in English from…