Category: Scam Alert!
Be aware of new collections scam
According to the Michigan Department of Treasury, Michigan taxpayers with past-due tax debts should be aware of a new scam making the rounds through the U.S. Postal Service, according to the Michigan Department of Treasury. In the scheme, taxpayers are...
Understanding business fraud warning signs
According to a recent article in the Journal of Accountancy, accountants and business owners should watch for these five common fraud red flags. Living beyond means Unusual email Loose controls Not-so-friendly kickbacks Exceptional performance or cooked books? These are the...
IRS warns of scams related to natural disasters
With hurricane season underway, the IRS is reminding taxpayers that criminals and scammers often try to take advantage of the generosity of taxpayers who want to help victims of major disasters. Hurricane season runs June 1 to November 30, and...
SCAM ALERT: New Refund Scam using deposit and reclaim phish
** ShindelRock has already had a client solicited with this type of scam! Fortunately he called us before he deposited the mysterious check from the IRS. Always confirm with your ShindelRock tax professional if you receive unexpected communications or money of any sort...
Scam Alert: IRS warns taxpayers of new email scam targeting Hotmail users
The Internal Revenue Service today warned taxpayers and tax professionals of a new email scam targeting Hotmail users that is being used to steal personal and financial information. The phishing email subject line reads: “Internal Revenue Service Email No. XXXX...
Monitoring fraud risks in the supply chain
Nearly one-third of about 2,600 supply chain professionals said their companies experienced supply chain fraud, waste or abuse the previous year, but only 40% had a program in place to detect or prevent these issues. Companies can probe one of...
Equifax Security Breach: Have you been affected?
As most of us know, Equifax recently identified a cybersecurity incident potentially impacting 143 million U.S. consumers. To determine if you've been impacted, please visit https://www.equifaxsecurity2017.com/potential-impact/. If your information has been compromised, you can enroll in a credit monitoring and...
Fraud controls may be lacking at smaller organizations
Organizations with fewer than 100 employees significantly trail their larger counterparts in the implementation of formal antifraud controls, according to a worldwide survey by the Association of Certified Fraud Examiners (ACFE). The industries most commonly victimized by fraud are banking...
Are your business assets vulnerable to theft?
The United States Trustee ("UST") encourages every chapter 11 small business owner to think about whether assets essential to the business are protected against theft or fraud. The potential for employee dishonestly, the most common type of business theft, increases...
Protecting your child from identity theft
Just when you thought identity theft couldn’t get any worse, an emerging market for identity theft thieves is now children. This crime, unfortunately, has the ability to go undetected as young children likely won’t use their social security numbers for...