New IRS Tax Scammers Use Personal Data For Big Returns

Recently, the Department of Justice brought charges against Babatunde Olusegun Taiwo for using personal information acquired on the Dark Web. He used the information from data breaches to file fraudulent tax returns with the IRS.

He was able to gain enough information to file more than two thousand income tax returns that attempted to claim more than $12 million. The IRS paid out nearly $900,000 before the authorities caught wind of the scam and shut it down, arresting the St. Louis man and sentencing him to four years in prison.

The Special Agent in charge of the investigation, Thomas Holloman, had this to say about the matter:

"We will continue to pursue criminals who prey on innocent victims and we will continue to enforce our nation's tax laws. Today's sentencing should send a clear message to would-be criminals - you will be caught and you will be punished."

Taiwo isn't the only criminal to have recently been caught by the Department of Justice's drag net. In a separate announcement, the DOJ released details of the case against Hitesh Madhubhai Patel, an Indian national. Between 2013 and 2016, he leveraged call centers to scam victims out of millions of dollars by impersonating the IRS and USCIS. He was threatening victims with deportation, arrest, and jail time unless they paid bogus fines over the phone to his employees.

Patel is due to be sentenced on April 3rd of this year and could face up to twenty years of prison time, in addition to fines of up to a quarter million dollars.

Kudos to the Department of Justice for bringing these crooks to justice. One has to wonder though, for every criminal caught and jailed for activities like these, how many more remain uncaught? Too many, but progress is progress!

Call SpartTec, Inc. in Fayetteville if you need the help of IT experts in setting up the most effective methods to secure your devices, network, and sensitive business information.

SpartanTec, Inc.
Fayetteville, NC 28304
(910) 745-7776
http://manageditservicesfayetteville.com

Cities Served:
Fayetteville, Spring Lake, Hope Mills, Dunn, Aberdeen, Southern Pines, Pinehurst, Sanford, Clinto

CoronaVirus Scare Is Being Used By Scammers To Trick People

There is no low that hackers and scammers won't stoop to.

The US Federal Trade Commission (FTC) has issued a warning about a worldwide scam in progress relating to fears surrounding the CoronaVirus. The FTC's announcement speaks for itself.

Their announcement reads, in part:

"Scammers are taking advantage of fears surrounding the Coronavirus. They're setting up websites to sell bogus products, and using fake emails, texts and social media posts as a ruse to take your money and get your personal information.

The emails and posts may be promoting awareness and prevention tips, and fake information about cases in your neighborhood. They also may be asking you to donate to victims, offering advice on unproven treatments, or contain malicious email attachments."

Even worse, it appears that there are multiple campaigns like this, running in tandem.
Francis Gaffney is the Director of Threat Intelligence for Minecast, which is one of several companies tracking the issue.

Francis added this:

"The sole intention of these threat actors is to play on the public's genuine fear to increase the likelihood of users clicking on an attachment or link delivered in a malicious communication to cause infection, or for monetary gain."

In short, this is about as despicable as it gets. Then again, hackers and scammers have been known to send emails targeting children, so it shouldn't come as a great surprise.

Even so, the standard precautions apply here. Unless you know and trust the sender of a communication, even if it's about something scary and important like the CoronaVirus, don't click on links or open attachments. You never know where it might take you or what type of malware might end up on your system. Better safe than sorry, and you can always get CoronaVirus information from official sources.

Protect your business from scammers and hackers. Call SpartanTec, Inc. in Fayetteville now and let our team help you with your cybersecurity needs. 

SpartanTec, Inc.
Fayetteville, NC 28304
(910) 745-7776
http://manageditservicesfayetteville.com

Cities Served:
Fayetteville, Spring Lake, Hope Mills, Dunn, Aberdeen, Southern Pines, Pinehurst, Sanford, Clinto