Feds bust Wells Fargo, SunTrust and PNC bank employees in tax refund scam

David Allison reports:

Federal investigators have indicted several Atlanta bank employees in a tax refund fraud scheme in which they filed more than 2,000 fraudulent tax returns in an effort to pocket more than $2 million in fraudulent tax refunds.

What’s more, the feds say, the fraudulent tax returns were filed using personally identifying information belonging primarily to elderly retirees and children aged 10 and younger.

Read more on Atlanta Business Chronicle. The indictment does not indicate how/where the defendants allegedly obtained the personal identifying information used in their scheme.

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