Beware of Tax Refund Scam Targeting East Texas
Texas Attorney General Gregg Abbott is warning East Texans about a fraudulent tax return scheme that is targeting our area. The company responsible for this scam is identified as Syam Tax Services LLC.
Syam Tax Service has enlisted recruiters to focus on East Texas churches and elderly victims who receive Social Security and/or disability benefits. Victims are told that they are eligible for a cash benefit under a federal stimulus program. The victims are then asked to complete a form which asks for information like drivers license numbers, Social Security and bank account information in order to receive the federal benefits. The company then files a fraudulent tax return in the victims name. A least half of the tax return is then deposited into Syam’s own bank account.
There is no federal stimulus benefit payment for low-income Social Security recipients. If you believe you may have been the victim of this scam you are asked to file a police report with local law enforcement.