Beware of Extensive Phone Fraud Scam Targeting Taxpayers

On March 20th, the Treasury Inspector General for Tax Administration (TIGTA) reported that this is the “largest ever” phone fraud scam targeting taxpayers. The scammers have collected over $1 million from the thousands of victims.

The scam works like this. Callers claim to be from the IRS agents and indicate that you owe taxes and you must pay the taxes using a pre-paid debit card or by wire transfer. If you don't pay, the scammers threaten you with arrest, deportation, or loss of your driver's license.

If you get a call like this, hang up. The IRS typically contacts people by mail first not by phone. The IRS won't ask for payment by pre-paid debit card or wire transfer. Nor will the IRS ask for a credit card number over the phone.

For More Information

TIGTA Warns of "Largest Ever" Phone Fraud Scam Targeting Taxpayers

IRS Releases the "Dirty Dozen" Tax Scams for 2014

Tax Scams/Consumer Alerts


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