Sophisticated overseas scammers steal tens of billions from Americans annually, with internet and phone scams overwhelming law enforcement.
Sophisticated overseas scammers are stealing tens of billions from Americans annually, a crime wave expected to worsen with AI and an aging population. Internet and telephone scams are overwhelming law enforcement, with few convictions. Victims rarely recover lost funds, often including elderly targets of romance, grandparent, and tech support scams. Fraud expert Kathy Stokes refers to this as a "crisis level" issue in society.
July 07, 2024
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