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28 Oct 2024

Tens of thousands of taxpayer accounts hacked as CRA repeatedly paid out millions in bogus refunds

Author: admintech | Filed under: Finance/ Money
A Fifth Estate and Radio-Canada investigation has found the CRA repeatedly paid in millions of dollars in bogus refunds to scammers . 62,000 Canadian tax accounts were hacked between March 2020 and December 2023, the agency now admits.

At the height of this year’s tax season, the Canada Revenue Agency discovered that hackers had obtained confidential data used by one of the country’s largest tax preparation firms, H&R Block Canada.