To file the fraudulent tax returns he used the personal information (PII) of people he obtained from a relative who stole the data from the bank where she worked. The conspirators filed 526 fraudulent returns claiming $5,063,954 in refunds.
"[He] obtained the personal identifying information from a relative who had stolen the data from a financial institution where she worked."It seems the ID thefts were discovered by law enforcement, rather than the bank that held the PII. Organizations seeking proactive detection of identity theft can utilize low-cost on-demand SaaS analytics services.
- US Attorney's Office, Middle District of Florida
Learn how to proactively detect identity theft and unauthorized breaches of data privacy, even by authorized users - with no hardware and no on-site software.Sources:
(a) FL: Identity Thief Sentenced To More Than Ten Years In Federal Prison - www.DataBreaches.net, 01/30/2015