14 Arrested in Romania for £47 Million UK Tax Phishing Scam

14 arrested in major HMRC phishing scam raids across UK & Romania. Learn about the multi-million-pound tax fraud operation...

Beware: Fake IRS tax email wants your Microsoft account

Last week, the IRS reminded taxpayers that Tax Day, April 18, is Tuesday this week. However, in some states like Alabama, California, and New York, the federal office extended the filing deadlines due to natural disasters. This is an excellent reason for scammers to keep launching tax scam...

Vulnerable children's identities used in tax fraud scheme

Fraudster Ariel "Melo" Jimenez has been sentenced to 12 years in prison for leading a "tax fraud and identity theft conspiracy" that resulted in the fraudulent claiming of tax credits, earning him millions of dollars. "Ariel Jimenez was the leader of a long-running fraudulent tax business that...

Tax Day Fraud: “Identity Theft Subscriptions” in High Demand on the Dark Web

With billions of stolen usernames, passwords, banking information and more circulating on the dark web, identity theft is an evolving and lucrative business, one notorious for exploiting vulnerable times and vulnerable populations. COVID-19 was no exception, opening up a world of new opportunitie...

IRS Launches “Identity Theft Central” Webpage

The Internal Revenue Service IRS has launched its “Identity Theft Central” webpage to provide 24/7 access to online information regarding tax-related identity theft and data security protection. Tax-related identity theft occurs when someone steals personal information to commit tax fraud. The...

Carbon Black Report Finds Tax Fraud & “Identity Theft On Demand” Continuing to Take Shape on the Dark Web

While online sales of identity and banking information have both been easily accessible to malicious actors for a decade or more, there has been a recent maturation in the dark web economy focused on tax identity theft. Carbon Black’s recent research into various marketplaces on the dark web foun...

RSA Conference 2019: BEC Scammer Gang Takes Aim at Boy Scouts, Other Nonprofts

SAN FRANCISCO – A Nigeria-based scammer gang dubbed “Scarlet Widow” has been launching email fraud attacks against thousands of targets – including universities, the Salvation Army, and Boy Scouts of America. Researchers with Agari detailed the attack during an RSA Conference session on Tuesday...

A week in security (April 16 – April 22)

Last week, we took a stroll down memory lane talking about Facebook and MySpace, noticed a change in the Magnitude exploit kit—wherein it started adopting the GandCrab ransomware, took a good look at a new form of adware that is based on Python, chatted a bit about Russian hacking with a...

When Identity Thieves Hack Your Accountant

The Internal Revenue Service has been urging tax preparation firms to step up their cybersecurity efforts this year, warning that identity thieves and hackers increasingly are targeting certified public accountants CPAs in a bid to siphon oodles of sensitive personal and financial data on...

Money Laundering Via Author Impersonation on Amazon?

Patrick Reames had no idea why Amazon.com sent him a 1099 form saying he'd made almost $24,000 selling books via Createspace, the company's on-demand publishing arm. That is, until he searched the site for his name and discovered someone has been using it to peddle a $555 book that's full of...

Bitcoin Exchange Operator Arrested For $4 Billion Money Laundering Scheme

Greek police have arrested a Russian man who is believed to have been the operator of the popular BTC-e Bitcoin exchange on charges of laundering more than $4 billion in bitcoin for culprits involved in hacking attacks, tax fraud and drug trafficking. A United States jury indicted 38-year-old...

Fraudsters Exploited Lax Security at Equifax’s TALX Payroll Division

Identity thieves who specialize in tax refund fraud had big help this past tax year from Equifax, one of the nation's largest consumer data brokers and credit bureaus. The trouble stems from TALX, an Equifax subsidiary that provides online payroll, HR and tax services. Equifax says crooks were ab...

Tax Identity Theft Awareness Week

This is Tax Identity Theft Awareness Week, and many federal agencies are offering consumers information and resources on the topic. US-CERT encourages taxpayers, business owners, and tax preparers to educate themselves on tax identity theft by reading Internal Revenue Service IRS publication...

Threat Outbreak Alert RuleID10975: Email Messages Distributing Malicious Software on August 6, 2014

Medium Alert ID: 35187 First Published: 2014 August 6 20:28 GMT Version: 1 Summary Cisco Security has detected significant activity related to spam email messages distributing malicious software. Email messages that are related to this threat RuleID10975 may contain the following files: Name | Si...

22 years-old Chartered Accountant student hacks into Celebrities E-taxation Accounts

Last week a 21-year-old chartered accountant student from Hyderabad was arrested for hacking into E-taxation Account of Industrialist Anil Ambani. During the probe Mumbai Police’s crime branch has emerged that Anil Ambani's account was also fraudulently accessed from Noida. After investigation,...

Threat Outbreak Alert: Fake Tax Documentation Email Messages on August 27, 2013

Medium Alert ID: 30103 First Published: 2013 July 16 17:42 GMT Last Updated: 2013 August 27 13:05 GMT Version: 3 Summary Cisco Security has detected significant activity related to spam email messages that claim to contain tax documentation for the recipient. The text in the email message attempt...

ID Thieves Took $4 Million from Tax Returns

A group of sophisticated identity thieves managed to steal more than $4 million by filing bogus tax returns using the names and Social Security numbers of other people, many of them deceased, according to a 74-count indictment unsealed in Arizona. Read the full article. Wired...