Occasionally, Logix will invite members of the community to contribute to our blog. These guest posters bring unique perspective to financial subject matter, but the opinions expressed may or may not represent those of Logix.
Open Season: Thoughts on Tax Time
Friday, March 11, 2016
Tax Refund Fraud - What You Need to Know this Tax Season
Friday, March 11, 2016
Fraudsters who use stolen personally identifiable information can perpetrate a wide variety of fraudulent financial schemes, such as hacking online accounts, submitting phony insurance claims, and applying for loans and credit cards to pad their bank accounts. Increasingly, though, identity theft tax refund fraud is becoming a favorite money-making scheme for criminals. The Logix Fraud Risk Management team has seen an increase in this type of activity. With tax season upon us you should be prepared to ensure you don’t become a victim.
Ways to Protect Yourself
