Man Behind IRS-Impersonation Scam Sentenced To 14 Years In Prison

Man Behind IRS Impersonation Scam Sentenced To 14 Years In Prison

(Renee Rendler-Kaplan)

One of the more insidious scams of this decade has been the IRS impostor phone scam, where someone posing as a police officer or federal agent calls you up and threatens to arrest you over your tax balance. Of course, that balance is payable immediately by prepaid debit card. A Pennsylvania man who pleaded guilty earlier this year to running such a scam from 2011 until his 2013 arrest has been sentenced to 175 months in prison and $1 million in forfeiture for his crimes.

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New Jersey Legislation Would Create Student Loan Lottery To Let You Gamble Away Your Debt

New Jersey Legislation Would Create Student Loan Lottery To Let You Gamble Away Your Debt

(Lisa Brewster)

While lottery proceeds may do an awful lot of good for state coffers, the odds of winning are microscopically small, and anyone who has lived in a poverty-stricken neighborhood has likely seen people who can’t afford to lose any money throwing away what little they have on a nose hair’s chance that they might win something. So why not apply that same model to the $1 trillion student loan debt problem?

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