Financial fraud is getting more sophisticated and expensive.
The FBI is warning the public about a “phantom hacker” scam that’s drained more than $1 billion from seniors’ retirement accounts. The fraudsters are going beyond traditional tactics; they’ve started using AI.
It can start with a phone call that sounds like a loved one, or maybe it’s an email that looks like it’s from your bank. Instead, it’s artificial intelligence trying to fool you into giving up your money.
Read more | CBS NEWS