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October 20, 2022 at 03:05 PM
The Internal Revenue Services announced Monday that it is joining the international fight against fraudulent charitable organizations during Charity Fraud Awareness Week, Oct. 17–21.
The IRS cited research by the Fraud Advisory Panel, a U.K.-based organization, that charities will lose 5% of their revenue each year to fraud. Cybercrime is on the rise, according to experts, including attacks on charities, their supporters and beneficiaries.
“We’d like to thank the Fraud Advisory Panel for reminding donors to remain vigilant,” IRS Director of Exempt Organizations & Government Entities Robert Malone said in a statement.
“Unfortunately, natural disasters, like Hurricane Ian, provide an opportunity for charity scammers to take advantage of genuine efforts to help. I urge donors to verify a charity’s tax-exempt status at Tax Exempt Organization Search before donating goods, services or money.”
