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Scam Alert: Tax Refund Bank Deposit

The IRS issues warnings regarding “a new twist on an old scam.” Criminals file fraudulent tax returns but have the refunds deposited into the victims’ actual bank accounts. Posing as a debt collection agency working on behalf of the IRS, the criminals tell victims the deposit was in error and attempt to reclaim the refunds. Or, the victims receive phone calls with a recorded voice claiming to be from the IRS and threatening criminal charges, an arrest warrant and a “blacklisting” of their Social Security numbers. Read the IRS alert here:

Bradley H. Kearns, CPA,

Nathaniel L. Fissel, CPA, MST,

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