Topic: financial abuse

Updated March 4, 2024; previously published April 14, 2021

Being caught in a tax scam can happen to anyone, even though most of us think we’re too smart to get fleeced. Unfortunately, even the most cautious person can get ripped off. When older adults are defrauded, the effects can be devastating.

One insidious fraud making the rounds during tax season involves IRS impersonators. Swindlers claiming to be from the IRS tell intended victims they owe taxes and must pay using a pre-paid debit card, money order or a wire transfer. They threaten those who refuse to pay with a grand jury indictment, immediate arrest, deportation or loss of a business or driver’s license. …

IRS Impersonators & Tax Scams Targeting Older AdultsRead More »