FREE Income Tax Guidance for Students, Uber & Taxi Drivers (Share Riders) Every Thrusday From 10AM-11AM Book Your Spot Today !!!
loading

Bitcoin Scam Alert by ATO

ATO is issued warning for public to be careful of scammers imitating as ATO and taking Bitcoin as a
form of payment for fake tax debts. Recent report identified new payment method introduced by
scammers in late 2017, estimating to be $50,000 paid so far in Bitcoins to scammers. Over 80,000
reports of scams reporting almost $2.4 million lost to scammers claiming to be ATO.
ATO is concerned that fraudsters would adopt ‘cryptocurrencies’, taxpayers must remain aware of
fake tax debt scam. Cryptocurrencies means ‘a digital currency in which encryption techniques are
used to regulate the generation of units of currency and verify the transfer of funds, operating
independently of a central bank’. Over $900,000 worth of iTunes gift cards scammed.

Source: ATO

Related Post

New Labels In Yhe 2019 SMSF Annual Return Signals ATO’s Risk Profiling Of Trustees

21 August 2019

ATO Expects Many Laundry Claims Will Be Hung Out To Dry

16 August 2019

Fly-In and Fly-Out Workers Tax Deductions

02 August 2019

Login Account

Already a Rubnio Customer?

Invaild email address.

6 or more characters, letters and numbers. Must contain at least one number.

Your information will nerver be shared with any third party.
%d bloggers like this: