Arlington, VA (October 20, 2016) – The top scam reported to the Better Business Bureau is the tax scam (also known as the IRS scam), which has accounted for about one in four reports to BBB Scam Tracker during its first year of operation. But BBB has seen a dramatic drop in new reports on this scam since police in Mumbai, India, raided a call center earlier this month.
The tax scam involves call center con artists posing as IRS agents in the U.S. and Canadian Revenue agents in Canada. They threaten their targets with financial penalties, lawsuits, and even arrest if they don’t pay the back taxes they supposedly owe. In a typical week, BBB Scam Tracker receives approximately 200 reports on tax scams. That number has dropped to just 11 reports of this scam in the past week, nearly a 95% decline.
For more information on tax scams, click here.