The article discusses how scammers are exploiting artificial intelligence (AI) to perpetrate elder fraud schemes worth billions of dollars. AI tools like ChatGPT and voice cloning software are being used to create convincing impersonations of trusted individuals, tricking seniors into sending money or revealing sensitive information. The AARP has warned that AI-enabled scams are on the rise, with scammers using AI to mimic voices of family members or create fake but realistic videos. The article cites examples of AI-generated voices being used to impersonate military officers or bankers, defrauding victims of large sums. Experts advise caution when receiving unexpected calls or messages, even if they seem legitimate, and recommend verifying identities through other channels. As AI becomes more advanced, the risks of exploitation by scammers increase, highlighting the need for greater awareness and safeguards.
Source: https://apnews.com/article/scammers-billions-elder-fraud-aarp-ai-f9530303e10b998720414e88430bcf6b