IRS Warns of Tax Information for Sale on the Darknet Through W-2 Fraud

BEC scams had circulated various financial sectors for years, but the IRS only warned of the W-2 scam in 2016. The BEC scam expanded as rapidly as it did due to the numerous methods of profiting from the stolen information. Scammers often immediately filled taxes on the victim’s behalf, delaying detection for months. The scammers also sold the victim’s information on the darknet, the IRS revealed. This practice is increasing in popularity.

Source: IRS Warns of Tax Information for Sale on the Darknet Through W-2 Fraud

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