Canyon News reported:
The Beverly Hills Police Department (BHPD)
The BHPD has identified multiple incidents impacting Beverly Hills residents and businesses, consistent with similar cases reported throughout the United States, in which large IRS tax payments, often ranging from $100,000 to $500,000, were mailed through the United States Postal Service (USPS) but never reached the Internal Revenue Service (IRS). In these instances, the IRS payment checks were intercepted from the mail, altered, and deposited into the suspect’s bank account.
Victims often do not discover the crime until several months later, when they receive notice from the IRS that their tax payment was never received. By that time, the altered check has already cleared, the funds have been withdrawn in cash, and the suspect account has been closed.
Find the original article with what to watch out for here.
Key Takeaway: Pay the IRS online and do not send checks. If you must send checks reconcile your bank account daily and add payee positive pay to ensure the altered check is not accepted when presented.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat
The Beverly Hills Police Department (BHPD)
The BHPD has identified multiple incidents impacting Beverly Hills residents and businesses, consistent with similar cases reported throughout the United States, in which large IRS tax payments, often ranging from $100,000 to $500,000, were mailed through the United States Postal Service (USPS) but never reached the Internal Revenue Service (IRS). In these instances, the IRS payment checks were intercepted from the mail, altered, and deposited into the suspect’s bank account.
Victims often do not discover the crime until several months later, when they receive notice from the IRS that their tax payment was never received. By that time, the altered check has already cleared, the funds have been withdrawn in cash, and the suspect account has been closed.
Find the original article with what to watch out for here.
Key Takeaway: Pay the IRS online and do not send checks. If you must send checks reconcile your bank account daily and add payee positive pay to ensure the altered check is not accepted when presented.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat