WASHINGTON—The IRS Service may have delivered more than $5 billion in refund checks to identity thieves who filed fraudulent tax returns for 2011, Treasury Dept investigators said Thursday.
They estimate another $21 billion could make its way to ID thieves' pockets over the next five years. The IRS is detecting far fewer fraudulent tax refund claims than actually occur, according to a govt audit that warned the widespread problem could undermine public trust in the U.S. tax system.
Although the IRS detected about 940,000 fraudulent returns for last year claiming $6.5 billion in refunds, there were potentially another 1.5 million undetected cases of thieves seeking refunds after assuming the identity of a dead person, child or someone else who normally wouldn't file a tax return.
In just one example, investigators found a single address in Lansing, Mich, was used to file 2,137 separate tax returns. The IRS issued more than $3.3 million in refunds to that address.
Florida is the epicenter of the identity theft crisis (a state overrun with latinos---many of whom are Cuban---who are also involved in massive Medicare/Aid fraud). Just three addresses in Florida filed more than 500 returns totaling more than $1 million in refunds for each address.
In another troubling scenario, hundreds of refunds were deposited into the same bank account—--a red flag for investigators searching for ID thieves-- who may be filing for refunds for multiple people. In one instance, the IRS deposited 590 refunds totaling more than $900,000 into one account.
SOURCE http://www.twincities.com/national/ci_21218839/irs-missing-billions-id-theft
(Excerpt) Read more at twincities.com ...
REFERENCE ICE's "documents and benefits fraud task force" found a common practice among "impoverished" illegals is to buy several faked identities for several thousand dollars each----the illegal then votes and rides the US gravy train under several names.
<><> Jose Madrigal---the Washington state rapist---had some 30 identities. And probably voted and collected US benefits under every single identity.
<><> Another illegal used multiple identites to bilk UI systems of some $3.5 million.
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REFERENCE US Dept of the Treasury Says Illegal Aliens Collecting Billions in Tax Credits According to the US Dept of Treasury’s Inspector General, more than $4.2 billion in additional child credits were paid out in 2010 to illegal immigrants. In 2005, the pay outs totaled $924 million. This program allows low income earners to claim a $1,000 per child credit. $20 billion EITC is estimated to have been paid out to these cunning "impoverished" illegals. Most of them are collecting over and over again-----using multiple identities-----falsifying official apps---claiming children they do not have and/or falsely stating kids are back in their homelands.
REFERENCE ILLEGAL ARRESTED FOR SELLING FORGED W-2 FORMS WITH STOLEN SS NOS
March 8, 2012 KENNER, La. Kenner police arrested illegal Marvin Baca who sold false W-2 forms to another illegal immigrant for $1,500. Baca sold fraudulent W-2 forms for $1,500 to other Hispanics here illegally.
Police said that on one of the forged W-2 forms had a SS no of a person living in Virginia. Police said illegal Hispanics purchase fictitious W-2 forms and file false tax returns with the government to receive EITC refunds. Baca was charged with one count of ID theft and two counts of forgery.
Do you have the original article URL on that?