Students are latest tax scam targets

19 Aug
August 19, 2016

There is no federal student tax – that’s the message from the Internal Revenue Service, which is warning students and their parents about this fake tax which is part of yet another telephone scam.

IRS Commissioner John Koskinen says, “Although variations of the IRS impersonation scam continue year-round, they tend to peak when scammers find prime opportunities to strike”.

“As students and parents enter the new school year, they should remain alert to bogus calls, including those demanding fake tax payments from students,” he added.

In 2014, the IRS called the con in which scammers pretend to be IRS employees the largest tax scam ever. It’s been more than 2 years now, and the scam just keeps growing.

In this latest iteration, crooks impersonating IRS agents call students and demand that they wire money immediately to pay the fake federal student tax.

As with other versions of this pervasive telephone scam, the calling criminals become aggressive if the victim resists the payment request.

The tax scammers then typically threaten to report the student to the police, who the crooks falsely say will arrest the victims for not paying the tax.

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