AI is rapidly changing our lives, but it’s crucial to be aware of the potential dangers. This article sheds light on the fraudulent schemes that leverage AI to deceive and defraud individuals.
Scammers use AI in various ways, such as creating fraudulent software and analyzing companies’ defenses against fraud. Generative AI is a key tool for scammers targeting individuals.
Voice Cloning Scams
AI tools can clone voices from short video clips. Scammers exploit this to impersonate the voices of loved ones and request money. This scam particularly targets the elderly, with scammers fabricating emergencies involving grandchildren.
Deepfake Video Scams
Deepfake videos, created by AI, feature remarkably realistic individuals. The addition of cloned voices makes these videos highly convincing. Scammers employ deepfake videos of celebrities, sometimes posting them on social media to direct viewers to websites where personal information is collected.
AI-Generated Websites
Scammers use AI to create websites for fraudulent purposes. They then distribute these websites through emails or social media posts. Fake online stores lure people with steep discounts on popular products, running limited-time sales to push for instant purchases. Scammers steal payment details or empty accounts after.