The Coronado Police Department is sharing this information from the IRS to help people avoid being scammed.
Criminals are always looking for ways to scam us out of our money. Let’s not make it easy for them. Please pass this information on.
The Treasury Department and IRS announced that the automatic distribution of the upcoming economic impact payments has begun. The payments will be distributed automatically. The IRS urges taxpayers to be on the lookout for scams relating to economic impact payments. Criminals could exploit these confusing and stressful times to take advantage of taxpayers by committing fraud and identity theft.
Ways to spot a potential scam:
Usage of phrases like “stimulus check” or “stimulus payment.” The official term is economic impact payment.
Being asked to sign over your economic impact payment in exchange for receiving additional funds.
Requests by phone, email, text or social media for verification of personal and/or banking information.
Fraudsters may claim the information is needed to receive or speed up your economic impact payment.
The IRS will not call you asking you to verify financial information to expedite a payment.
Being asked by someone for personal information in order to get an economic impact payment faster by working on your behalf.
Being mailed a bogus check and asked to call or verify information online in order to cash it.
For more information, visit the IRS website.