Forget ChatGPT. Adobe’s AI Tool Is Scammers Favorite
Social Media lit up this week as ChatGPT launched a new image creation tool that flawlessly created fake receipts and manipulated photos to inflict fake damage on cars. But did you know, these AI tools have been used by scammers for at least the last 18 months. Allianz UK reported a 300% increase in AI-related […]
AI Extortion Fraud Could Be Executives Nightmare
You’re the CEO of a major company. One day, you receive an email with a video showing you in a compromising situation that the sender says they will share with your board, shareholders, and family. The video is a deepfake, but even you think it looks real. What would you do? This nightmare scenario is […]
New Sneaky ATM Card Swap Scam Hits Old People
Imagine going to an ATM to get $40 for lunch and realizing your bank account had been drained for thousands of dollars after you left the machine. According to fraud investigators from major banks, this new devious scam is affecting hundreds of older customers in California, Florida, and Massachusetts. The scheme is so tricky, that […]
Fraudster Vacation – Fraud Plunges On Black Friday
In an unexpected twist, fraud rates during the busiest week of the year have plunged over 30% compared to last year. According to fresh data from TransUnion, only 4.6% of global e-commerce transactions were flagged as suspicious during the “Cyber Five” period – the critical shopping days from Thanksgiving through Cyber Monday. This marks a […]
Crazy AI Video Shows How Scammers Use Chatbots
Yahoo Boi, a Nigerian Yahoo Boy Influencer, posted a crazy video showing how romance scammers use artificial intelligence chatbots to scam their victims. Watch the video below, which shows how realistic these calls are. Anyone, and I mean anyone, could get fooled by this! The only thing that seems off is that the Chatbot keeps […]
Digital Arrest Could Become Next Big US Scam Wave
For Dr. Ruchika Tandon, a respected neurologist at one of India’s top hospitals, August 2024 began like any other month. But a single phone call one morning plunged her into what would become a surreal week-long nightmare of psychological manipulation, coercion, and covert surveillance. Scammers, posing as “Federal Investigators,” fabricated a digital arrest of Tandon […]
Scammers Can Now Clone Your Personality With AI
Your personality may not be as unique as you might think. In fact, scammers can now replicate your voice, image, and personality to create a replica that acts just like you. In a landmark study, Stanford researchers created an artificial intelligence system to almost perfectly clone people’s personalities. The study, which involved 1,052 human participants […]
New Click Farm Scams Are Spiking, Millions Lost
Hong Kong police are warning of a new scam that stole over $22 million (HKD) from victims in just a week. Click Farm scams are a new variant of task scams but far more devious. Typical task scams have victims clicking on links endlessly for commissions while this new scam fools victims into using their […]
No Help For 15 Million Victims Of Synthetic Identity
1 in 22 Americans could be victims of synthetic identity, and they haven’t a clue they are. But regardless, even if they do know, there is nothing they can do about it. There is no help for victims of synthetic identity. Synthetic identity has been called a victimless crime, but that isn’t true. When a […]
Visa’s New Fraud Program May Stun Merchants
US online merchants may be stunned to discover that in four months, they will be subject to massive changes in how Visa measures and penalizes them for fraud. Some large merchants don’t like the new program, complaining that Visa is using a “poison and antidote” approach to sell its fraud solution. Excessive Chargeback Thresholds Dropping […]
They’re Alive: AI Scam Bots Beat Human Fraudsters
AI researchers are warning that new AI voice technology could be exploited. To prove their point, they used ChatGPT 4.0 to carry out seven common scams, many of which were successful at an alarming rate. The peer-reviewed research published this month proves that advanced AI models equipped with voice capabilities could potentially automate common phone […]
The Zelle Stalker – He Used App To Terrorize His Ex
Imagine how desperate you must be to use Zelle to try to get in touch with your ex. But that is exactly what Dustin Francis Haxho did to try to get in touch with his ex-girlfriend, who wanted nothing to do with him. He Used Hundreds Of Burner Phones and Zelle – “You’re At Your […]
You Dialed Your Bank, But A Scammer Answered
Imagine turning over your debit card and calling your bank’s customer service number to ask a question. But thanks to dangerous new malware called FakeCall, when the person answers, you are speaking to a scammer who can see your screen, track your location, and record everything you say. FakeCall Controls Phones, Intercepts Calls According to […]
This Deepfake AI Missing Person Scam Is Horrible
Imagine you have been looking for a friend or loved one that has been missing. You’ve posted photos of them online and desperately want to find them. You are heartbroken. In the midst of it all, a scammer on the other side of the world is stalking social media, looking for a desperate person just […]
Chase Drops Legal Hammer On Chase Glitch Scammers
JP Morgan Chase is suing its customers who committed fraud. On Monday, the bank filed lawsuits in three federal courts, seeking to recover over $661,000 in funds. Lawsuits were filed in Los Angeles, Houston, and Miami against two people and two companies who allegedly kept money from deposited checks, which were later determined to be […]
Claude.AI New Analysis Tool Is Fraud Fighter Power-Up
Claude.AI has launched a new tool, a power-up for Fraud Analysts and Investigators ? . The solution is a new built-in feature for Claude.ai that enables Claude to write and run JavaScript code. Claude can now process data, conduct analysis, and produce real-time insights. The analysis tool is available for all Claude.ai users as a […]
Yahoo Boy Reveals His Deepfake AI Scam Secrets
Yahoo Boys are latching on to Artificial Intelligence and deepfakes like magnets to metal, and it’s poised to reshape and improve their scam techniques dramatically. How do we know this? Because it’s all over social media, telegram, and even YouTube. In the last month, a YouTube channel called Yahoo Boii released over ten instructional videos […]
Telegram Bounty Hunters Pursue Escaped Scam Slaves
A seedy Telegram channel is exposing the seedy underworld of people who post bounties for people who appear to have escaped from Pig Butchering scam compounds. The channel, called Dubai Southeast Asia Bounty Warrant, appears to serve two purposes: recovering scam compound slaves who have escaped and returning them to the bosses, and recovering victims […]
Report : Credit Washing And Synthetic Identity Soaring
Got fake accounts and fake identity theft claims? You are not alone. A newly released report from TransUnion, H2 2024 Update to the State of Omnichannel Fraud Report, sheds light on the dramatic rise of synthetic identity and credit washing at fintechs, banks, and lenders in the United States. Both frauds are experiencing unprecedented increases as credit […]
AI Deepfakes Will Infiltrate Thousands of Zoom Calls
Ai-powered deepfakes in Zoom meetings have arrived. Today, HeyGen announced a new release of their Interactive Avatars, allowing a deepfake version of yourself to attend “thousands of meetings” using your cloned image and voice. HeyGen announced the release, saying, “Your avatar won’t just look and sound like you; it’ll think, talk, and make decisions, just […]
27 Arrested In $360 Million DeepFake Scam Syndicate
It’s happening. Hong Kong police have just decimated a fraud syndicate that was using deepfake technology and face swapping to steal over $360 million, or USD $46 million, from victims worldwide. Police said today that they arrested 27 people, including college students, who created a fake crypto trading platform to lure victims into Pig Butchering […]