Fraud Blog by Fraud Expert Frank Mckenna
Employees at some of the largest hedge funds are picking up the phone and think they are talking to their boss but they re not. That s because hackers have launched a coordinated AI voice clone phishing attack targeting investment banks across the country. The sophisticated attacks, which mimicked key executives voices, attempted to trick employees [ ] The post AI Voice Clone Cyberattacks Hit…
The phone call started like a routine fraud alert. American Express, or at least someone claiming to be American Express, told a customer that a second account had been opened in their name. Then came the twist. The new account, the caller said, had been used to buy child exploitation videos. That s when the shock [ ] The post Your Credit Card Has Been Used In A Crime Scam Spreads appeared first…
A voice message came from his Wu s fathers WhatsApp Account. The voice matched his fathers exactly. It had the same speech patterns as his dad and the same urgency his busy father often had when he needed to close a business deal. His father needed HK$1 million (about $127,000) wired into a business friends account. [ ] The post New WhatsApp AI Voice Clone Scam Is Hitting Hard appeared first on…
David Reed doesn t work for the government. He is a private citizen in North Carolina, and over the past six months, two car dealers have cut checks to the Justice Department for $3.6 million because of him. So what happened? He filed False Claims Act lawsuits against Jeff Wyler Automotive and Garber Management Group, two [ ] The post The Best-Paying Job In Fraud Right Now Is Reporting It appeared…
Kitboga the nicest scam-baiter in the world is back at it. Last week, during his live Hunting AI Scammers show, he manipulated a scammer s own artificial intelligence bot into confessing what it was built to do. The scam bot picked up his call as an agent named Cindy who worked for the processing [ ] The post Kitboga Gets AI Scam Bot To Confess, Then It Starts Oinking appeared first on Frank on…
Every night in March of this year, a man who called himself the night officer watched a college professor sleep. It was not in person, but rather on a Microsoft Teams video call. He was making sure she did not escape from her home and monitoring her every move. His feed came from the college [ ] The post US Woman Was Terrorized In Brutal Digital Arrest Scam appeared first on Frank on Fraud .
I was browsing Telegram, and a wild recruiting advertisement caught my eye. The job is called Face Motion Video Project, and it offers recruits $7 for a few minutes of work. But that work involves uploading selfie videos of themselves, and it s highly unclear what those videos could be used for. Why on earth would [ ] The post Super Sketchy $7 Gig Recruits People To Send Selfie Videos appeared…
Some of the people found out that they had been robbed of their identities when a detective showed them a short video of their own face. On the screen, they were smiling, blinking, and turning their heads, but the clips they watched were not real. Israeli investigators say the videos were generated using artificial intelligence [ ] The post He Used AI Agents To Wear Other People s Faces And Steal…
Her name is AI Ko. She isn t real. She is an AI, created by the police in Osaka to help educate residents about the rising threat of digital arrest sweeping across Japan. She speaks in a calm voice, even as she walks viewers through the terrorizing scam that many are falling for. Is she effective? [ ] The post Japan Built An AI Police Officer To Fight The Fake Ones appeared first on Frank on Fraud…
A new kind of phone farm is being used in dating scams. And they are going to look a lot more human than the old bot farms. Mechanical fingers and robotic AI are now being used to swipe, type, and interact on social media in a way that has never been seen before. Videos posted [ ] The post New Robotic AI Bot Farms Are The Latest Scam Threat appeared first on Frank on Fraud .