Wednesday, December 13, 2017

Family Tree of Fraud

Sometimes there is nothing quite as enjoyable as family time. Bringing together the gang to bond and celebrate the pure joy of committing fraud together. Wait, what? While some families prefer to play sports or go to church together, others take to fraud. According...

You Can’t Make This Up

The Internal Revenue Service (IRS) has a great list of tips for choosing a tax return preparer. One tip mentions the importance of reviewing the entire return before signing it. (This is obviously so any errors can be caught before sending it in.) A...

Finding New Ways to Fraud

The fraud business is not always an easy one. To state the obvious: the practice of fraud is illegal, and federal, state and local government officials make continuous efforts to end such activities. But we must ask ourselves, how does fraud continue to exist?...

A Taxing Pyramid Scheme

Whenever you think of a pyramid scheme, you tend to think about product gimmicks out to take advantage of the not-so-savvy consumer – eventually reeling them in to sell the product themselves. Well here's a new one. Now pyramid schemes are going so far...

A Stand-Out Effort

I like to commend individuals when they go above and beyond to put additional effort toward a task. There is a certain joy in watching the hard work of another turn into success, especially when we are talking about fighting fraud. I get that...

Busting International Fraud

Using stolen identities to commit tax refund fraud has become such a fast-growing and common fraud, that it now has its own acronym. Otherwise known as SIRE, Stolen Identity Refund fraud is a sophisticated crime that devastates its victims' reputations and credit histories, while...

Tax Refund Fraud Roundup

Officials are cracking down on any individuals found guilty in connection with tax refund fraud cases. According to today's Fraud of the Day from WCTV.com, two Florida residents discovered the hard way that the Department of Justice is making no exceptions. The article reports...

The Glass Half Empty

I am sure you are familiar with the mantra? ''Think of the glass as half full, not half empty.'? A positive outlook is often prescribed for making the best out of a less than satisfactory situation. But, how can one make the best out...

Like Mother Like Son

The law is complicated, and sometimes you find yourself on the wrong side without even knowing it. For example, who would have thought that submitting fake tax returns for a host of your fellow inmates, opening multiple bank accounts to receive the money, and...

Booming Business in Fraud

TNT might be a dynamite name for a business—until it blows up in your face. Believe it or not, TNT Taxes is the name of a firm that advertised tax preparation services specializing in individual taxes and ''amendments,'' according to a report by the...
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