The AI Scam Epidemic: Record $12.5 Billion in Fraud Losses Prompts New Consumer Defense Strategies

By Consumers’ Checkbook Updated: August 20, 2026 Main Facts The landscape of financial crime has undergone a seismic shift. Con artists and digital predators are no longer relying solely on poorly worded phishing emails or obvious telemarketing scripts. Armed with advanced artificial intelligence, cybercriminals are now capable of generating hyper-realistic fake websites, convincing voice cloning,…

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The Cost of Blind Trust: New Mexico Supreme Court Sanctions Defense Attorney Over AI-Generated "Hallucinations" in Murder Appeal

By: PYMNTS Published: September 13, 2026 Main Facts The intersection of artificial intelligence and the legal profession reached a stark and sobering milestone last week when the New Mexico Supreme Court formally held defense attorney Stephen Aarons in direct contempt of court. The disciplinary action stems from a high-stakes murder appeal in which Aarons submitted…

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Empery Digital Pivots Strategy: Bitcoin Liquidation Fuels AI Expansion and Legal Defense

In a move that underscores the evolving role of cryptocurrency in corporate finance, Empery Digital Inc. has significantly reduced its Bitcoin holdings, offloading nearly half of its treasury reserves since early May. According to a regulatory filing submitted to the Securities and Exchange Commission (SEC) this week, the publicly traded firm liquidated 1,400 BTC to…

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The Death of a "Gotcha" Defense: Analyzing the Supreme Court’s Landmark Ruling in Keathley v. Buddy Ayers Construction, Inc.

By: Geoff Walsh June 25, 2026 In a major shift for consumer protection litigation, the Supreme Court of the United States has effectively reined in the aggressive use of "judicial estoppel" in bankruptcy proceedings. The unanimous ruling in Keathley v. Buddy Ayers Construction, Inc., 608 U.S. __ (2026), marks a watershed moment for plaintiffs who…

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