Chairman Boustany Holds Hearing Cracking Down on Identity Theft and Tax Fraud (5/8/12)

May 9, 2012

House Ways and Means Oversight Subcommittee Chairman Charles Boustany, Jr., MD (R-LA) and Social Security Subcommittee Chairman Sam Johnson (R-TX) held a hearing on tax fraud involving identity theft. The hearing will took place on Tuesday, May 8, 2012 in Washington. Chairman Boustany stated, "Identity theft allows criminals to file false tax returns and claim thousands of dollars in refundable tax credits. In a recent case in Florida, identity thieves allegedly obtained $30 million in fraudulent refunds and nearly obtained $100 million more before being caught. They spent the money on expensive cars and homes, living lavishly under the impression that they could steal from taxpayers with impunity. Recent news stories have also told of identity thieves so brazen that they hold seminars on how to steal identities and commit tax fraud. In another case, scam artists uploaded a music video onto YouTube showing the cars they were able to purchase with stolen taxpayer dollars and instructing others how they can do the same." View Chairman Boustany's opening statement in its entirety here: http://waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=294362