Pre-paid card users, under scrutiny, find tax refunds frozen
PHOENIX — Thousands of people have had their prepaid debit cards frozen when they try to direct their tax refund to their accounts, a result of financial industry efforts to combat an escalation in tax fraud.
It's keeping people from their money, and delaying access to much-anticipated tax refunds. People who rely on prepaid debit card accounts are often poorer Americans who don't have traditional bank accounts.
Shannon King had her money frozen for two weeks. She had planned to use it for car repairs and to help pay for a move, both of which then had to be delayed. "It was very... read more
- 14:06 Game Day: Arizona Coyotes battle the Minnesota Wild
- 14:06 Game Day: Phoenix Suns face Golden State Warriors minus their stars
- 11:03 Obama to visit Singapore, New Zealand, Australia, Japan
- 03:01 Youth served as 20-year-old Daria Kasatkina outlasts valiant Venus...
- 01:55 ASU baseball opens Pac-12 play with comeback win over Oregon
- 01:11 ASU coach Herm Edwards braves flight with Blue Angels before Friday...
- 00:50 White House chief tells staff their jobs safeâ for now
- 00:42 Trump's possible China tariffs send opponents scrambling
- 00:32 Chaos rules: Left and right, Trump advisers in hot water
- 23:52 Predators clinch playoff spot, increase lead in NHL standings by...