Wednesday, March 20, 2019

Disqualified

Listen to this Story Qualifications are some of the trickiest and most critical components of tax filings. (What income tax bracket do you qualify for? Which exemptions apply to your circumstances? Is your tax preparer professionally qualified to do your taxes?) KTUU-TV tells the story...

Layoffs at the Fraud Factory

Creating a rap label to cover up massive fraud fiefdom shows a level of hubris and extravagance that's beyond the average fraudster. The Associated Press reports that a self-proclaimed ''Money King'' attempted to channel more than $100 million in stolen income tax refunds into...

Oh Sister, Why Fraud Thou?

As any fan of crime shows can attest, criminals' patterns are usually what lead to their capture. If one get-rich-quick scheme seems to be working, why not keep it going? (Trick question.) The answer can be found in the experience of three Wisconsin sisters...

Soldiers Feel Financial Burden of Tax Refund Fraud

Today we have an example of a woman who stole and exploited soldiers' identities to make a quick buck. (Well, $65,356.84, to be exact.) According to a press release published by the U.S. Attorney's office, a Maryland woman abused her access to soldiers' personally...

Exportation Lesson

Remember those economics lessons from college? The countless chapters read, differentiating between imported and exported goods and learning the methods and laws of importing/exporting? Turns out...it doesn't take an economic genius to make a little money using a foreign destination. No – all you...

Tampa Business Owner Accused of Laundering Stolen Tax Refunds

Some people learn from history; others do not. For example, if a business is raided in connection with fraud, it might make sense to take a break from engaging in activities connected to the fraud. You know, lay low for a bit. Of course,...

Guilty Victims of Fraud

Criminals are always on the prowl for victims. Most are innocent, but once in awhile even fraudsters prey on other criminals while they are serving out a prison sentence. (That's an ironic twist – guilty victims.) An article in the Montgomery Adviser details a...

Full House

There are days in this business that make me just want to curl up in the tiny space underneath my desk and cry. This is one of them. According to today's ''Fraud of the Day'' from The Huffington Post, 741 tax returns were filed...

National Trending

It takes effort to stay trendy. You can't walk around in the coolest clothes, drive the hippest car and sing lyrics to the most popular songs without good research. That being said, you may have one question, ''Does the same effort apply to staying...

Pouring Salt on a Wound

The Ohio Department of Taxation intercepted fraudulent income-tax filings seeking approximately $180 million in refunds for the 2013 tax year. In previous years, the agency was able to catch an average of about $10 million. Why the sudden increase in tax fraud? It appears...
Advertisement

Get Your Fraud Fix!

Five days a week wake up to the most current fraud article in your mailbox.