Holy ripoff Batman, $6.5 billion??? That is some major bling!
If you’ve ever given your social security number to a doctor, car dealership – anywhere – be sure to watch Randi Kaye’s report on tax refund robbery. Thieves are stealing that information, filing tax returns with the stolen identity and a false income, then taking the refund from the IRS in the form of a debit card. This type of crime is a potential threat to all taxpayers; the IRS reported about $6.5 billion in refund fraud in connection with identity theft last year. That’s just what they’re aware of, not including the amount of money stolen and never recovered. Tune in to AC360° tonight at 8 and 10 p.m. ET.