“In one example, investigators found a single address in Lansing, Mich., that was used to file 2,137 tax returns. The IRS issued more than $3.3 million in refunds to that address. Three addresses in Florida, the center of the identity theft crisis, filed more than 500 returns totaling more than $1 million in refunds for each address. In another troubling scenario, hundreds of refunds were deposited into the same bank account — a red flag for investigators searching for ID thieves who may be filing for refunds for multiple people. In one instance, the IRS deposited 590 refunds totaling more than $900,000 into one account.”
http://www.usatoday.com/money/perfi/taxes/story/2012-08-02/irs-tax-fraud-refunds/56713268/1
(Visited 33 times, 1 visits today)
Related posts:
Tehran residents urged to flee ‘dangerous’ pollution
Australian Central Bank Cuts Key Rate to Record-Low 2.75%
Sugar industry would wither without big government
Lying To Congress Is Legal, If You're Intelligence Chief James Clapper -- Now Apologizing
Late Marc Rich’s Swiss mansions for sale
Ford's Trade-In: Truck to Use Aluminum in Place of Steel
50 Cent forgot he had a stash of Bitcoin now worth $8m
Kentwood police chief pleads not guilty to stealing burglary proceeds
New documentary puts Donald Rumsfeld on the hotseat about Iraq
Survival Tips From the World's Second Oldest Bank
Facebook bans all crypto-currency ads
Secret NSA cybersecurity program to protect power grid confirmed
Mexico says marijuana legalization in U.S. could change anti-drug strategies
How did a modern feminist become a brutal dictator's wife?
Welcome to the Future: Congress Takes on 3-D Printing