IRS says thieves are stealing tax refunds

The Internal Revenue Service (IRS) issued a warning to taxpayers this week to beware of “erroneous refunds.” According to the agency, there is an emerging scam where refunds are wrongly being deposited into taxpayers’ accounts. Thieves use victims’ real information to file a fake return, have the refund deposited into the taxpayers’ real bank accounts and then use various tactics to steal the cash.-- More...