Tag Archives: Fraud

IRS Scams Continue to Pose Serious Threats

IRS Scams Continue to Pose Serious Threats by Howard LipsetThe Internal Revenue Service has some advice for taxpayers this April Fool’s Day that may prevent them from being the victim of a tax scam: Don’t be fooled by scammers. Stay safe and be informed. Here are some of the most recent IRS-related scams to be on the lookout for:

Telephone Scams: Aggressive and threatening phone calls by criminals impersonating IRS agents remain an ongoing threat. The IRS has seen a surge of these phone scams in recent years as scam artists threaten taxpayers with police arrest, deportation, license revocation and more. These con artists often demand payment of back taxes on a prepaid debit card or by immediate wire transfer. Be alert to con artists impersonating IRS agents and demanding payment. Continue reading

DON’T BE A VICTIM TO A TAX SCAM

DON’T BE A VICTIM TO A TAX SCAM by Howard LipsetEach year, people fall prey to tax scams. Stay safe and be informed – don’t become a victim.

If you get involved in illegal tax scams, you can lose money or face stiff penalties, interest, and even criminal prosecution. Remember, if it sounds too good to be true, it probably is. Be on the lookout for these scams:

Telephone Scams

Threatening phone calls by criminals impersonating IRS agents remain an ongoing threat. The IRS has seen a surge of these phone scams in recent years as scam artists threaten taxpayers with police arrest, deportation, license revocation, and more. These con artists often demand payment of back taxes on a prepaid debit card or by immediate wire transfer. Be alert to con artists impersonating IRS agents and demanding payment. Continue reading

The iTunes Scam

The iTunes Scam by Howard Lipset, CPAWe interrupt our Failure is Feedback series to bring you the latest scam.

I would like to take a moment to thank the perpetrators who send these things to me, thinking that we will fall for it.  Continue reading

FedEx Phishing

FedEx Phishing by Howard Lipset, CPAThe email below is not from Federal Express. Note their mailing address is not FedEx.com

I verified this with Federal Express directly, who told me that they are getting large volumes of customers calling and asking. If you were to click on the “Get Shipment Label” bar, you will have let the hackers into your computer. Continue reading

IRS Updates Phone Scam Warnings

IRS Updates Phone Scam Warnings by Howard Lipset, CPAThe IRS is again warning the public about phone scams that continue to claim victims all across the country. In these scams, thieves make unsolicited phone calls to their intended victims. Callers fraudulently claim to be from the IRS and demand immediate payment of taxes by a prepaid debit card or wire transfer. The callers are often hostile and abusive.

The Treasury Inspector General for Tax Administration (TIGTA) has received 90,000 complaints about these scams. TIGTA estimates that thieves have stolen an estimated $5 million from about 1,100 victims. To avoid becoming a victim of these scams, you should know:

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IRS Impersonators

IRS Impersonators by Howard Lipset, CPAHopefully, most of you are aware that I write a blog, and that one of my favorite topics is how scams operate.

Recently, I have written about scams that involve the Internal Revenue Service.

Well, recently they tried it on my office. When I got back after a breakfast meeting, there was a message that a Mr. DM had called from the IRS and left his phone number. He was a “Case Consulting Officer” and needed to discuss discrepancies in my own tax return. The individual who called demanded that I return the call immediately. Continue reading

Are You Sure You Can Trust that Most Trusted Deposit?

Are You Sure You Can Trust that Most Trusted Deposit? Howard Lipset, CPAWhat you do not understand can make you poorer.

I have a client who delivered to me a series of transactions and documents in one email.

The first concerned the deposit of a cashier’s check on a bank in Ohio. The second, an email from the agent who sent the check, requesting their commission payment by wire transfer immediately. The agent explained to my client that since the cashier’s check would be available immediately, that there was no problem sending the wire immediately, as well.

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IRS Warns of Phone Scam

IRS Warns of Phone Scam By Howard LipsetThe IRS is warning the public about a phone scam that targets people across the nation, including recent immigrants. Callers claiming to be from the IRS tell intended victims they owe taxes and must pay using a prepaid debit card or wire transfer. The scammers threaten those who refuse to pay with arrest, deportation or loss of a business or driver’s license.

The callers who commit this fraud often:

  • Know the last four digits of the victim’s Social Security number
  • Use common names and fake IRS badge numbers
  • Make caller ID appear as if the IRS is calling
  • Send bogus IRS emails to support their scam
  • Call a second time claiming to be the police or DMV, and caller ID again supports their claim

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TO SERVE & PROTECT

“To Protect & To Serve” Originally the motto of the Los Angeles Police Department (1963), its meaning was to “serve the community by protecting their constitutional rights.”

To Serve & Protect: I like to think of it as the goals of Progressive Management Inc. but with a different context.

To Serve our clients everyday by being available for their problems and their needs, in addition to taking care of the basic functions for which we were hired: The administration of the day-to-day financial aspect of their businesses and their personal lives.

To Protect their assets and identity against the modern threats of cyber-attacks and identity theft, as well as preventing fraud and governmental bullying against them.

To Protect them from themselves. This is one of the examples I intend to share: Continue reading

Don’t Fall for Phony IRS Websites

This is reprinted from the IRS’ own website

Don’t Fall for Phony IRS Websites

Howard Lipset of www.thecfo.wordpress.com shares an article from the IRS website warning about scams and how to avoid them.The Internal Revenue Service is issuing a warning about a new tax scam that uses a website that mimics the IRS e-Services online registration page.

The actual IRS e-Services page offers web-based products for tax preparers and payers, not the general public. The phony web page looks almost identical to the real one.

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