In the New York Times, Lizette Alvarez reports on a "tsumani of fraud" in the form of tax-refund identity theft. Using only a very little information, crooks file tax returns in their victims' names (the IRS helpfully corrects any mistakes they make in the particulars), then collect the victims' tax refunds:
The criminals, some of them former drug dealers, outwit the Internal Revenue Service by filing a return before the legitimate taxpayer files. Then the criminals receive the refund, sometimes by check but more often though a convenient but hard-to-trace prepaid debit card.
The government-approved cards, intended to help people who have no bank accounts, are widely available in many places, including tax preparation companies. Some of them are mailed, and the swindlers often provide addresses for vacant houses, even buying mailboxes for them, and then collect the refunds there.
...J. Russell George, the Treasury inspector general for tax administration, testified before Congress this month that the I.R.S. detected 940,000 fake returns for 2010 in which identity thieves would have received $6.5 billion in refunds. But Mr. George said the agency missed an additional 1.5 million returns with possibly fraudulent refunds worth more than $5.2 billion.
With Personal Data in Hand, Thieves File Early and Often
A Freedom of Information Act request reveals that the DEA spent $575,000 buying access to weaponized zero-day exploits sold by Hacking Team, the hacked and disgraced Italian cyber-arms dealer who outfitted despots, dictators, the FBI, and America’s local police departments.
Ad-blockers begat ad-blocker-blockers, which begat ad-blocker-blocker-blockers, with no end in sight.
The mysterious tragicomic hacking group The Shadow Brokers continues to dump incredibly compromising cyberweapons and internal information looted from the NSA, accompanied by Borat-compliant gibberish that reads like someone trying to make you guess whether there’s a false flag in play, and if so, who is waving it.
They probably just sleep a lot. But still, you can remotely keep an eye on them when you’re at work and missing them deeply with this HD monitor from Kodak.If you have a new puppy that destroys everything in sight, or you just want to be a little more security-conscious, this WiFi camera is a […]
Thinking of a business idea is the easy part. Doesn’t even have to be a “good” idea, you can still get people to throw money at a non-existent venture, but to do that you need to at least have something even resembling a viable business plan. Why doesn’t anyone do it then? Because building that semi-viable […]
The Twisty Glass Blunt is an intriguing product that claims to abolish the need to ever buy or use rolling papers. And, well, it does if you so choose. You can cut down on the waste this 4/20, and everyday after when you’re smoking with this clever piece.Built with a German-engineered glass tube and inner […]