- Fraudsters impersonate tax authorities to steal banking information through fake refund messages.
- New York inflation refunds are automatic; no additional information required
- Governor Hochul Urges Vigilance, Warns IRS Never Contacts Citizens for Personal Information
Cybercriminals are relying on New York State's inflation check initiative in an attempt to steal their banking information and, quite possibly, money.
New York State Governor Kathy Hochul warned citizens about an ongoing phishing campaign. impersonating someone else New York State Department of Revenue and the Internal Revenue Service (IRS).
In the phishing message, which is distributed via SMS, voicemail, email and direct mail, scammers encourage their victims to provide them with accurate banking information so they can receive a refund.
Abuse of Key Dates
Inflation relief checks in New York are one-time payments designed to offset rising costs of living. Depending on income and filing status, residents who filed 2023 income tax returns automatically received between $150 and $400, and it appears about $2 billion was distributed this way.
“Your refund request has been processed and approved. Please provide accurate payment information by September 19, 2025. Funds will be deposited into your bank account or mailed via paper check within 1-2 business days,” the phishing message reads.
“Failure to provide the required payment information by September 19, 2025 will result in permanent forfeiture of this refund pursuant to NYS §5747.11.”
The refund process is automatic and citizens are not required to provide any information other than filing income tax forms.
“Regarding scams targeting the state's Inflationary Refund Initiative, let me be clear: The Tax Department and the IRS do not call or text individuals to obtain personal information. My administration encourages New Yorkers to remain vigilant and report these scams to the IRS to avoid becoming a victim,” the Governor said. I wanted it.
Fraudsters are known for using current events as themes for phishing and other scams. Tax and tax filing season is just one of them, and also includes major sporting events, religious events, key shopping dates and more.
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