AI fraud

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What types of scams involve AI?

Deepfakes

This kind of AI scam is already widespread, particularly targeting financial fraud. Several celebrities have been impersonated to trick victims into handing over money and personal information.

Synthetic voice fraud

A voice cloning scam involves capturing a person’s voice and using AI technology to generate phone calls that mimic their speech. Scammers use these recordings to make it seem like the person has said whatever the fraudsters want, tricking victims into believing the calls are genuine.

Fraudulent messages

Phishing scams have been around for a long time, with fraudsters sending emails and text messages designed to trick victims into thinking they come from trusted sources. However, AI has dramatically transformed how scammers create these deceptive messages, making them more convincing and harder to detect.

Understanding AI scams

Multiple varieties

Various types of AI scams involve AI-generated videos, audio, images, or text. Typically, scammers use generative AI tools—such as content creation software or chatbots like ChatGPT and Gemini—to produce and craft these fraudulent schemes.

Free for all users

AI software is often free to use, making it easily accessible to anyone with an internet connection. As AI gains legitimate traction, it is being applied in various ways across multiple industries.

Ready to support you

We assist individuals affected by AI scams in reclaiming funds lost via cryptocurrency fraud, online banking theft, or other types of internet-based scams.

FAQs

  • Do AI scams pose a major threat?

    AI scams represent a growing and serious threat that is expected to escalate in sophistication in the near future. As artificial intelligence technology advances rapidly, criminals are continuously seeking new ways to exploit these tools—not only to simplify their fraudulent schemes but also to increase their financial gains. By using cutting-edge AI-driven techniques, scammers can craft convincing interactions that are difficult to detect and trace once the fraud has occurred.

    Recent estimates suggest that in just the first quarter of 2024, losses due to AI-related scams have exceeded $1 billion. A survey conducted recently found that nearly half (48%) of respondents feel more exposed to the risk of scams, largely due to scammers adopting more refined and technologically complex methods. Here at InterClaim Alliance, we encounter a wide variety of fraud schemes, but AI scams are particularly alarming because they are engineered to mimic real-life communications with alarming accuracy. The sophistication of these scams means victims often do not realize they are being deceived until significant damage has been done. Moreover, AI scammers frequently employ emotionally manipulative and distressing tactics, making these scams not only financially damaging but psychologically harmful as well.

  • In what ways do AI scams operate?

    AI scams operate much like traditional frauds, with scammers aiming to trick victims into sending money or revealing personal information. While there are various forms of AI scams out there, they all share the common objective of deceiving individuals for financial gain or data theft.

  • Ways to defend against AI scams

    AI scams can be extremely convincing, but there are several steps you can take to protect yourself from becoming a victim.

    Stay Vigilant Online

    AI scams like deepfakes may look, sound, and feel authentic, so it’s crucial to stay cautious when receiving messages from unknown emails, phone numbers, or social media profiles.

    Don’t Act Under Pressure

    Scammers often rush you to act quickly to prevent you from questioning their motives. They might warn you about fines or missed opportunities if you hesitate. If you feel pressured or rushed, don’t send money or share personal details. Legitimate companies will still be available after a short wait.

    Avoid Clicking on Suspicious Links

    If you get emails, messages, or social media comments containing links, it’s safest not to click on them. You can hover over or right-click the link to check its actual destination before deciding to open it.

  • How to recognize the indicators of AI scams?

    While AI has made it easier for scammers to create convincing communications, there are still clear signs that what appears genuine may actually be a scam.

    Although scammers can clone voices or use AI to mimic legitimate messages, they cannot replicate a person’s memories, knowledge, or personality. If the individual on the other end struggles to provide clear answers, gives incorrect information, contacts you from unfamiliar numbers or email addresses, or makes unusual and urgent demands or requests, it’s wise to stay cautious, as this could be an AI scam.