The Rise in State Tax Refund Fraud
Scam artists stole billions of dollars last year from the U.S. Treasury by filing phony federal tax refund requests on millions of Americans. But as Uncle Sam has made this type of fraud harder for thieves to profit from, the crooks have massively shifted their focus to conducting refund fraud at the state level. Or at least according to Intuit Inc., the makers of TurboTax: The company says it believes that shift is responsible for a whopping 3700 percent increase in fraudulent state tax refund filings this year in some states.
