Political Quotes

“Identity theft is a crime that leaves its victims feeling exposed and vulnerable while simultaneously inflicting serious financial damage upon them and the financial institutions and government agencies they do business with. Unfortunately, identity theft is an expanding problem that has recently shifted its target to include the tax refund dollars owed to many hardworking Americans. The Federal Trade Commission routinely issues statistics listing identify theft as the number one consumer complaint, with American adults having a roughly 1 in 5 chance of being victimized. Fraud related to government benefits and documents regularly comprises the large majority of identity theft reports. The IRS has recognized the problem and begun shifting assets in response to this expanding threat. In a typical example from earlier this year in Norfolk, Virginia, two hospital workers were sentenced following their convictions for tax-related aggravated identity theft. Their scheme included stealing the personal information of hospital patients and using that information to apply for Federal tax refunds. All told, nearly 80 fraudulent returns were filed, seeking more than $400,000 in illegitimate refunds. For the victims of this type of fraud, the original notice is often a rejection by the IRS of their legitimate tax returns.…”