STOLEN IDENTITY REFUND FRAUD
Every year, unlawful actors target US persons and visa holders for Stolen Identity Refund Fraud (SIRF). SIRF is defined once the acquisition that is fraudulent utilization of the Personally Identifiable Information (PII) of US individuals or visa holders to register taxation statements. The tax that is fraudulent are provided for bank reports or pre-paid cards which are held under their control. SIRF is relatively simple to commit and very profitable for unlawful actors. The homeless, prisoners, the deceased, low-income individuals, children, senior citizens, and military personnel deployed overseas while all U.S. taxpayers are susceptible to SIRF, over the past year, criminal actors have targeted specific portions of the population, including: temporary visa holders. This can be as a result of the perception by unlawful actors why these people are less likely to want to know about or accept notification that their identification is taken.
After unlawful actors steal PII, they normally use corrupt income tax planning companies or online tax software to register fraudulent taxation statements using the taken identity information during the federal and state degree. Truly the only legitimate information necessary to register a fraudulent taxation return is really a title and security number that is social.
