Beware This Tax Refund Scam: IRS Warns U.S. Taxpayers

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Beware This Tax Refund Scam: IRS Warns U.S. Taxpayers
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The Internal Revenue Service is warning U.S. consumers of a new tax refund scam that’s going around right now. Apparently, hackers are breaking into tax preparers’ client files and stealing data. Then they file a fraudulent tax return in the victims’ names, using their real bank account to get a refund. Finally, they use various methods to get the cash from their victims. According to the IRS, there’s more than one version of this tax refund scam being used right now.

The IRS issued a warning about the tax refund scam this week as a follow-up to a Security Summit alert that was issued earlier this month. The agency now says that it has discovered that even more tax preparers’ files have been breached, and the number of taxpayers who may have fallen victim has jumped from hundreds up to several thousand in a matter of days.