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Child tax credit scams still trapping the unwary
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cnbc.comScammers are using the child tax credit to try to steal from unsuspecting Americans, according to the Federal Trade Commission.
Often, these criminals perpetuate a type of "government impersonator" scam. They contact people by phone, text, e-mail and social media, pretending to be IRS agents and directing victims to fake websites that seem legitimate.
The American Rescue Plan, a pandemic relief law passed in March, temporarily enhanced the value of the child tax credit and authorized the IRS send funds in monthly installments through 2021.
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