A federal tax refund scam has been circulating several campuses, promising large refund gains, but is instead stealing students’ personal information and causing financial chaos.
IRS spokesperson Mark Green has sent out a press release warning college students of this scam.
Promoters of the scam are claiming that students with little or no income can receive a $1000 refund credit by allowing them to file their taxes for them.
They ask for personal tax and banking information.
To avoid similar tax refund scams, Green advises students to look out for homemade flyers, tax services with unfamiliar names, Internet solicitation, offers for “free money” and offers to prepare and share refund bonuses.
The scammers are also targeting low income citizens as well as seniors.