Thieves Stealing Tax Refunds Helps Increase ID Theft forty seven %

Hoping to get an enormous tax refund this yr? So are id thieves.

Final yr, there was a forty seven % bounce in complaints about id theft, the Federal Commerce Fee introduced on Thursday. A big proportion of them have been associated to tax refund fraud.

"As most People know, we reside in an age when it isn’t a matter of if, however when you’ll turn into a sufferer of id theft," stated FTC Chairwoman Edith Ramirez in a press release.


autoplay autoplay

Copy this code to your web site or weblog

She was selling as a part of the FTC’s "Tax Id Theft Consciousness Week." The web site permits individuals to file official complaints about id theft to the federal government and supplies recommendations on what do do when you turn into a sufferer.

In 2015, there have been 490,220 id theft complaints within the U.S. — a forty seven % improve from the earlier yr. Somewhat greater than forty five % of them (221,854) have been complaints about tax or wage theft. Typically, that includes any person stealing private info after which utilizing that to say a tax refund.

Thieves Stealing Tax Refunds Helps Boost ID Theft 47 Percent Thieves Stealing Tax Refunds Helps Boost ID Theft 47 Percent


"Your greatest protection towards tax refund fraud?" wrote cybersecurity professional Brian Krebs. "File your taxes as quickly as potential."