Sophisticated overseas scammers steal tens of billions from Americans annually, with internet and phone fraud growing exponentially.
Sophisticated overseas scammers steal tens of billions from Americans annually, with internet and telephone fraud growing exponentially. Police and prosecutors struggle to catch and convict perpetrators, leading to few recoveries for victims. Crime is projected to worsen as AI technology aids fraud and the US population ages. AARP's Fraud Watch Network's Kathy Stokes calls it a "crisis level" in fraud.
July 13, 2024
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