Your Money: IRS Issued $1B in Fraudulent Refunds in 2007

Posted By Staff

Date: October 30th, 2008

Category: Uncategorized

WASHINGTON — The government sent out more than $1 billion in fraudulent refunds last year and offered this explanation Thursday for the bad checks in the mail: The Internal Revenue Service has too few resources to pursue every tax fraud case. IRS investigators never even looked at an estimated $742 million in fraudulent refunds, according to a report by the Treasury Department office that monitors the agency. When they did identify an additional $264 million in bad refunds, it was too late to stop them from being issued. More… Magazine LaneDiscount Cigarettes & TobaccoNutty News MarketplaceBig Dogs Sportswear
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3 Responses to “Your Money: IRS Issued $1B in Fraudulent Refunds in 2007”

  1. Anonymous Says:

    One form. Fair-Tax. End the IRS.

  2. Anonymous Says:

    Now that they’ve caught it, just don’t give them anything when they claim again this year! So they can make YOUR money back! (and no that’s not a typo in wording!!!!!!!)

  3. Anonymous Says:

    They certainly didnt give me any fraudulent refunds. I can sure use one too. Probably all the damn politicians that got them.

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