Scammers target potential victims through a text messaging scheme that claims the target is entitled to a $1,400 stimulus payment.

A new scam is making the rounds, with fraudsters posing as Internal Revenue Service (IRS) agents and sending text messages promising a substantial rebate. The trap is a phishing attempt designed to steal your personal and financial information.

Taxpayers are being tricked into sharing personal information via fraudulent messages that look official, but are not.