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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
FinanceScams

Fake IRS Employees Scammed Victims Out of Nearly $9 Million, Officials Say

By
Julia Zorthian
Julia Zorthian
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By
Julia Zorthian
Julia Zorthian
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April 27, 2017, 2:44 PM ET
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Authorities arrested eight people for impersonating IRS employees over the phone and telling victims wire them money for “back taxes.”

The people involved defrauded over 7,000 people of nearly $8.8 million, according to a statement from the Department of the Treasury, by convincing victims to wire them money using services like MoneyGram. The IRS impersonators would allegedly threaten arrest or use other forms of intimidation to get people to send the money, court documents said.

“Over the past three years, this scam has resulted in reported taxpayer losses of more than $55 million,” said J. Russell George, Treasury Inspector General for Tax Administration (TIGTA), in the statement. “The scammers are relentless and so are we…Our investigators will not rest until we have brought those responsible for this scheme to justice.”

Read More: This Is What an IRS Scam Phone Call Sounds Like

The arrests took place in Miami, Fl. on April 25, and the indictments took place in Arkansas and Mississippi courts. Two other people involved in the fraud were arrested last year.

 

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