Scam Alert! Fake IRS Bills Say You Owe Even More

As if it’s not hard enough already to keep what you pay to the IRS at the legal minimum, the scammers keep coming up with additional ways to make you think you owe them even more! The latest one involves fake emails that say they are from the IRS and have a fake “CP2000 notice” …

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Fraud: 2016 Report to the Nations

Every two years the Association of Certified Fraud Examiners issues its bi-annual study known as the Report to the Nations on Occupational Fraud and Abuse. The study looks into the costs, schemes, perpetrators and victims of occupational fraud. According to the study, occupational fraud is “the use of one’s occupation for personal enrichment through the …

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Don’t Mess with the IRS – Their Budget Includes Guns

The IRS not only has to deal with taxpayers that are as harmless as you can imagine (think your grandma who wouldn’t hurt a fly), but increasingly, they also have to deal with taxpayers who are involved in such things as identify theft cases which can involve organized crime. Taxpayers come in every size and …

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IP PIN Tool Returns to IRS Website

The Internal Revenue Service has re-launched the “Get an IP PIN” tool on IRS.gov. By adding multi-factor authentication, the IRS hopes to prevent future fraudulent applications and automated attacks. An Identity Protection Personal Identification Number (IP PIN) is given to taxpayers who are already victims of tax related identity theft. The six-digit IP PIN verifies …

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Scammers impersonating IRS to get your money

According to the IRS, the phone scammers are back at it; targeting taxpayers with aggressive and threatening phone calls. Scammers making unsolicited calls claiming to be IRS agents are using false credentials, false badge numbers and victims’ personal information to make themselves appear official. Additionally scammers can alter caller ID numbers to make it look …

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How Do You Not Notice $17 Million Missing?

$16,764,128.95 – let’s think about that for a minute. Almost $17 million gone over a 9 year period – a mere $1.86 million per year. Would you notice? That’s how much the former controller for the Collin Street Bakery in Corsicana, Texas embezzled from the business. He used his ill-gotten gains to finance a lavish …

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Did Messi’s Mess Get Him “Locked Away”?

Finally a verdict to what we know you’ve all been waiting for since our last blog together! (Click to view our previous blog.) The Spanish court system came out with a decision on the fate of Lionel Messi (World’s best soccer player) and his father after a month of deliberations following the allegations of tax …

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Tax Return Identity Theft – Not Just a Problem at the Federal Level

Many are aware of the big problem of identity theft relative to federal income tax filings. More and more individuals have been filing their federal income tax returns, only to find out from the IRS that someone already filed one using their information and they absconded with your refund. What many don’t know is that …

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When Does Computer Fraud Occur?

Most information in organizations is now created, managed, and stored electronically, which has caused an increase in the rate of computer-related criminal activity. There are four situations in which a computer device may be involved in a crime: when the computer is (1) the target of the crime, (2) the medium through which the crime …

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Effectiveness of fraud hotlines

The Association of Certified Fraud Examiners (ACFE) recently released its 2016 Report to the Nations on Occupational Fraud and Abuse. Once again, the number one method for detecting fraud was through tips. Of the frauds that were discovered, 39.1% were discovered by tips. That number differs between companies based on the size of the organization. …

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