FTC Issues Warning About "Federal Student Tax" Telephone Scam

Tuesday, May 24, 2016

The Federal Trade Commission has reported on complaints from consumers who have received telephone calls from imposters posing as IRS agents. These imposters try to trick college students into paying a “federal student tax,” a tax that, the FTC says, doesn’t even exist.

A recent blog post by the FTC reports that so-called IRS agents are notifying students that they owe a “federal student tax,” and often have some piece of information that makes the call seem legitimate, such as the name of the school or other personal information. The caller then demands that the student wire money immediately through MoneyGram or another untraceable method, or else be reported to the police. Many of these calls use spoofed caller-ID information making the it appear that the call is from 911 or the U.S. Government, though the numbers are fake.

The FTC advises students ignore any such calls and notify the FTC immediately with any details they might be able to provide. For more information on this scam can be found at the FTC's blog page.

Printed from the Iowa College Student Aid Commission website on March 19, 2018 at 12:16am.