The New Frontier of Fraud: AI-Driven Scams Push FTC Loss Reports to a Record $12.5 Billion
By Consumers’ Checkbook Updated: August 20, 2026 Main Facts The landscape of financial crime has undergone a seismic shift. No longer dominated solely by crude phishing emails with blatant spelling errors or unconvincing foreign lottery windfalls, modern fraud is an industrial-scale, technologically sophisticated enterprise. Armed with generative artificial intelligence (AI), con artists are now capable…
