Who wouldnāt want some tax benefits in the current economic times? Donāt phishers and scammers know that all too well! In a new phishing scheme, We found that Child Tax Credit is being used as bait to lure parents to disclose their financial data. This attack specifically tries to convince users to make claims for credit and lower their tax burden by using their childrenās education expenses.
According to the Internal Revenue Service (IRS) website [PDF], taxpayers may be able to reduce their federal income tax by up to $1,000 for each qualifying child. Making use of this information, spam email discusses the expensive education of children and quickly advises recipients to use this expense to make claims for tax credits under the numerous tax benefits provided by the IRS. They make a further appeal that as a U.S. citizen or resident, recipients should apply for their tax returns. According to the email, users can get a tax refund of $75,000 for their childrenās education. To apply for a refund, users need to complete a form attached to the email message. The fraudulent email has an HTML attachment named ā#1924819299.pdf.htmā.
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