<p>WASHINGTON – The Treasury Department’s Office of the Comptroller of the Currency has sent an alert regarding a new identity fraud scam. A fake IRS form and letter are sent to victims requesting personal and banking information to avoid a “withholding tax” of 31%. Information on the form such as mother’s maiden name, passport number, PIN, passwords, nationality, and amount of last deposit, then arms the thief with enough information to appear credible and gain access to the victim’s accounts, credit and credit history. Any credit union members or bank customers that have completed and faxed the form are urged to promptly notify all financial institutions they do business with, contact the fraud department of all three credit bureaus and file a report with the local police department. Those who have only received the form should report the incident to the IRS at (800) 829-0433.</p>

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.