The AI Fraud Epidemic: Record-Breaking Losses Demand a New Era of Consumer Vigilance
Author: Consumers’ Checkbook Updated: August 20, 2026 Main Facts As artificial intelligence rapidly evolves, it has unlocked a sinister new frontier for cybercriminals. No longer confined to poorly translated phishing emails and clunky text messages, con artists now deploy sophisticated AI algorithms to engineer hyper-realistic websites, deepfake audio, convincing video calls, and immaculate digital correspondence….
