US: IRS Warns of New Scheme to Steal Identity and Financial Data

AccountingWEB.com - June 02, 2004 - The Internal Revenue Service warned on Tuesday of a fraudulent scheme targeting non-resident aliens who have income from a United States source. The scheme uses fictitious IRS correspondence and an altered IRS form in an attempt to trick the foreign persons into disclosing their personal and financial data. The fraudulently obtained information is then used to steal the taxpayer’s identity and financial assets.

This scheme has surfaced in South America, Europe and the Caribbean so far.

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