Florida Home Security Employees Sell SSNs for $100+ Million in Tax Fraud


Tampa-area police have uncovered hundreds of millions in tax fraud, according to the Tampa Bay Tribune. Two employees of a local home security system provider, Tampa Signal, have allegedly been implicated in selling sensitive customer information – including Social Security Numbers – to criminals for up to $200 a record. The criminals in turn filed fraudulent tax returns and had the refunds deposited in fake bank accounts.

The article rightly identifies the ”lucrative market” in selling customer information, which is why it’s important for companies as well as individuals to exercise caution. In this example, the employees in question gained the data by claiming it was necessary to run credit checks – but Tampa Signal had changed its credit check process earlier in the year to exclude the need for SSNs. The bottom line: when you’re asked for personal information, don’t just hand it over – you should question why you’re being asked for that information.. Otherwise, you could have your security compromised by anyone – even your security company.

Source: Today’s ”Fraud of the Day” is based on an article entitled, ”Police: Alarm system customers victimized by identity theft,” by Elaine Silvestrini published by the Tampa Bay Tribune, Sept. 10, 2011.

Tampa – Thousands of local homeowners became victims of identity theft perpetrated by at least one employee of their home security system provider, police say.

”I went to them for security and I felt violated,” said Marilyn Varriale, 60, of Gibsonton, whose information was stolen, Tampa policy say, after she bought a home security system. ”Obviously I gave them my Social Security Number, and it ended up being turned against me.”


Read More

Previous articleDead Federal Retirees Paid $120 Million Yearly, Report Says
Next articleBig Government: In Jail and Getting Unemployment? Yep.
Larry Benson
Larry Benson is currently the Director of Strategic Alliances for Revenue Discovery and Recovery at LexisNexis Risk Solutions. In this role, Benson is responsible for developing partnerships for the tax and revenue and child support enforcement verticals. He focuses on embedded companies that have a need for third-party analytics to enhance their current offerings.