Scams that once bilked victims out of hundreds or maybe thousands of dollars are now increasingly convincing them to move their investment and retirement accounts into phony investment schemes.
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I wonder how many scammers are using chatbots and AI to scale up their operations.
The human API has clear vulnerabilities and patching is next to impossible.
This is so sad. It’s a story as old as time, a pretty woman fleecing someone for their money, but it’s gotten so much easier, and less traceable - meaning scammers get away with it and continue to do it over and over.
