Artificialintelligence is making it even easier for determined scammers to gain potentially huge cash payments from unsuspecting victims.
You’ve no doubt heard of the scam where the perpetrator calls up an elderly person and pretends to be their grandchild or some other close relative. The usual routine is to act in a distressed state, pretend they’re in a sticky situation, and ask for an urgent cash transfer to resolve the situation.
Related Data from the Federal Trade Commission suggests that in 2022 alone, there were more than 36,000 reports of so-called impostor scams, with more than 5,o00 of these happening over the phone. Reported losses reached $11 million. The scam can take many forms, too. The Post cites an example where someone pretending to be a lawyer contacted an elderly couple, telling them their grandson was in custody for an alleged crime and that they needed more than $15,000 for legal costs. The bogus lawyer then pretended to hand the phone to their grandson, whose cloned voice pleaded for help to pay the fees, which they duly did.
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