If you think filing your taxes is a nuisance now, imagine doing it after a scammer steals your identity or your tax return check. While electronic tax filing has eased the task of preparing and filing tax returns, the convenience of electronic filing has also created a channel for the growing number of criminals who commit tax-related identity theft, a crime that has continued to rise since 2011, when the IRS identified more than 1 million incidents.
If you think filing your taxes is a nuisance now, imagine doing it after a scammer steals your identity or your tax return check. While electronic tax filing has eased the task of preparing and filing tax returns, the convenience of electronic filing has also created a channel for the growing number of criminals who commit tax-related identity theft, a crime that has continued to rise since 2011, when the IRS identified more than 1 million incidents.
The variety of investment scams out there is limited only by the imagination of the con artists who create them. The most common ones have been around for decades and are simply repackaged and perpetrated on a new generation of unsuspecting investors.
A white hat hacker, with over 30 years of experience as a cybersecurity analyst at a major Silicon Valley company, talks about why he turned his back on black hat hacking for the greater good.