IRS “Security” Program Can’t Stop $3.1 Billion Scam

[rangerrebew]

IRS “Security” Program Can’t Stop $3.1 Billion Scam

JULY 12, 2016

While it’s absorbed persecuting law-abiding conservative groups the Internal Revenue Service (IRS) can’t seem to stop crooks from scamming it to the tune of several billion dollars in one year alone via bogus tax refunds. It’s the latest of many transgressions at the agency that’s doubled as an Obama administration tool to crack down on political adversaries.

A special IRS security feature called Taxpayer Protection Program (TPP) couldn’t prevent criminals from scamming the agency out of an eye-popping $3.1 billion in one year, according to a federal audit. TPP was implemented to curb an epidemic of identity theft that allows criminals to fraudulently get tax refunds. Supposedly, identity theft fraud is reduced through a verification process but the federal probe, conducted by the investigative arm of Congress, the Government Accountability Office (GAO), found serious loopholes. “TPP uses single-factor authentication procedures that incorporate one of the following authentication elements: ‘something you know,’ ‘something you have,’ or ‘something you are,’” the GAO report states. “TPP’s single-factor authentication procedures are at risk of exploitation because some fraudsters obtain the PII (personally identifiable information) necessary to pass the questions asked during authentication.”

http://www.illegalaliens.us/immigrationblognews.htm

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[oldmomster]

Guess they still havent fixed the problem.....

'The Internal Revenue Service sent 23,994 tax refunds worth a combined $46,378,040 to “unauthorized” alien workers who all used the same address in Atlanta, Ga., in 2011, according to the Treasury Inspector General for Tax Administration (TIGTA).'

http://www.cnsnews.com/news/article/irs-sent-46378040-refunds-23994-unauthorized-aliens-1-atlanta-address

Maybe they should bring in a high schooler to at least set up a program that would 'flag' more than a couple refunds to ONE address.

OR....they could hire Michelle obama's buddy in Canada and pay them MILLIONS to do the same - and fail.

[geronl]

You would think sending 24,000 tax returns to the same address would be flagged.