January 2, 2025

IRS deploys AI tools to combat emerging tech’s role in new fraud schemes

AI Featured, AI Governance, AI Risk, Benefits of AI, News

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The IRS is increasing its investigator workforce to combat various criminal activities.
Criminals are leveraging AI tools to execute more sophisticated and high-volume fraud schemes.
The IRS Criminal Investigations branch is also evaluating the use of AI tools to counteract these schemes, using them in some cases while analysing their effectivity in tax recovery cases.
They are not being used currently in tax recovery, though that exact scenario is being looked at
The IRS is generally using AI to make more effective use of the data already available to its workforce.
Online payment fraud surpasses $360 billion annually, with check fraud rapidly rising, according to Jarod Koopman.

IRS deploys AI tools to combat emerging tech’s role in new fraud schemes

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