Oct 29, 10:18 PM

Hackers Access H&R Block Data, Scam CRA Out of $40 Million in Fraudulent Refunds from Tens of Thousands of Accounts

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.

#Canadian #Canada Revenue Agency #CRA #Canada

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