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Online hackers have accessed the personal financial data of hundreds of Canadians via H&R Block, leading to significant fraud against the Canada Revenue Agency (CRA). Reports indicate that tens of thousands of taxpayer accounts were compromised, resulting in the CRA disbursing millions in fraudulent refunds. In one notable incident from 2023, a Canadian taxpayer falsely amended tax returns and claimed over $40 million in refunds, which the CRA began processing without proper verification. This breach highlights vulnerabilities in the tax preparation and revenue collection systems in Canada.
"In the summer of 2023, a Canadian taxpayer logged into his Canada Revenue Agency account, falsely amended previous tax returns and wrongly claimed he was suddenly owed more than $40 million in refunds. Then, without verifying the newly filed tax slips, the Canada Revenue Agency… https://t.co/PiWmtOloul
In 2023, a Canadian taxpayer logged into his Canada Revenue Agency account, falsely amended previous tax returns and wrongly claimed he was owed more than $40M in refunds. Without verifying any of this, the CRA began making the initial payments. https://t.co/d5abvQ1lGH
Online hackers managed to access the personal financial data of hundreds of Canadians through the tax preparation company H&R Block to scam the Canada Revenue Agency out of millions of dollars. Read more: https://t.co/yB6c8JgACE https://t.co/h4F0oxQk2t
