Caroline D. Ciraolo was quoted in a Tax Notes article, entitled “Direct Deposit Portal May Be New Vehicle for Old Scams.”
“There will always be those who seek to abuse the system, but I suspect that individuals caught stealing much-needed relief funds will face law enforcement determined to hold them accountable and harsh consequences,” Caroline D. Ciraolo, a former head of the Justice Department’s Tax Division and now with Kostelanetz & Fink LLP, told Tax Notes.
Ciraolo said she expects the substantial time and resources the IRS devoted to the fight against identity theft refund fraud, and the filters developed in that process, will be put to good use protecting the direct deposit information portal.
