The FBI has issued a warning about a surge in identity theft linked to fraudulent tax returns, with over 1,000 complaints received, marking a 26% increase.
Criminals are redirecting refunds to accounts they control, including
- bank accounts,
- prepaid debit cards,
- mail drops,
- third-party accounts.
The FBI and IRS recommend setting up an Identity Protection Personal Identification Number (IP PIN), a 6-digit code that helps safeguard against unauthorized use of taxpayer details for filing returns. This preventative measure is crucial in combating tax-related identity theft.
Tags #Business, #Government
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