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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