Patch.com is reporting a sentencing in a tax related identity theft case for a single-victim crime to the tune of $1.4 million. This is probably the largest single-victim example of a tax related ID theft case I have heard of. The article can be found here.
The victim is Donald Bren, the Chairman of the Irvine Co. The perpetrator admitted to using Bren’s personal identifying information to open a bank account in Bren’s name to deposit Bren’s refund check, and then transferred some of the money out of the account. The sentencing was before Judge Morrow of the Central District of California.
Daniel Layton, the author of this post, is the principal of Tax Attorney OC.