The IRS has prevented an extra $6 billion in fraudulent
tax returns this year totaling $20 billion in blocked tax returns. Although
much progress has been made in only giving legitimate refunds, there is an
unusual type of claim being filed, from deceased individuals. Tax fraudsters
are stealing the names of those who are departed and filing taxes with their
information. This proves that identity thieves are willing to go to any length
to get personal information from you or your loved ones. In addition to
stealing the identities of the deceased, identity thieves are also stealing
identities from children to recent fraudulent returns. This year alone, almost $4 Million in tax
returns have been filed under childrens names.
The range of opportunities that identity thieves have to
commit their crime today makes it a smarter investment than ever to partner
with a third party identification
verifier. Youll find peace of mind knowing your personal information,
including your social security number, is constantly being monitored. The
instant your social security number is linked with someone other than you Electronic Verification Systems
will be there. As the fraudsters get
smarter about stealing your identity we getter better about protecting it. EVS
offers an integrated identity
verification solution that can return results for social security numbers
that are tied to someone who is deceased. In addition to that, our solution can
help authenticate personal information that is submitted for reasons other than
tax returns as well. If your business conducts any type request for personal
information, partnering with an online fraud
prevention company can benefit your business and keep your consumers
happier and safer.
[Contributed by EVS Marketing]
