Business

AI and Financial Scams

Updated 2026-10-08 11:55 UTC 1 source Negative

A report from the Consumer Federation of America highlights a $148 billion loss to online scams and crimes in 2025. The rise in AI-driven financial fraud is raising concerns among policymakers.

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The Hill
The Consumer Federation of America puts 2025 losses to online scams and crimes at $148 billion — up nearly 26 percent in a year.
2026-10-08 11:30 UTC
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