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AI INVESTMENT SCAMS
SEC exposes $15 million alleged scam: How WhatsApp groups, AI trading promises and fake SEC claims lured investorsThe SEC has charged multiple entities over two alleged investment scams totaling more than $15 million. The agency says WhatsApp groups, AI...
COAI, British High Commission ink MoU for cooperation on AI, digital trust, intelligent connectivityCOAI and the British High Commission signed a pact for AI and digital trust. This collaboration aims to strengthen responsible technology-l...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
The more AI banks deploy, the bigger the cyber battlefield getsIndian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financia...
GFF 2026: Fintech industry should step up investments to counter risks from emerging tech, says FATF vice-presidentFintech firms must increase investments to combat new technological threats. Emerging technologies like AI pose significant risks to India'...
Banks need to invest more in digital, financial literacy to tackle cyber fraud: Bank of Baroda MDBank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to...
AI fuels low-value cybercrimes, use of 'salami slicing'The rise of low-value cybercrimes is alarming, as scammers increasingly focus on individuals rather than systems. Driven by AI and the digi...
Visa beefs up cybersecurity offerings with $2.4 billion BioCatch dealVisa is acquiring fraud intelligence provider BioCatch for $2.4 billion. This acquisition aims to significantly bolster Visa's cybersecurit...
Text message scams jump 146% in India amid rise in scam-led digital fraud: ReportText message-based scams in India have surged 146 per cent, highlighting a sharp shift in the country's digital fraud landscape towards sca...
Security is no longer a human scale thing, it is machine scale: Pankaj Rohatgi, GoogleGoogle's Pankaj Rohatgi has stressed the urgent need for post-quantum cryptography adoption by 2029. He notes that AI is now actively used ...
Did PM Modi announce a Rs 25 lakh monthly income scheme? Here's the truthA fake video using artificial intelligence shows Prime Minister Modi promoting an investment scheme. This fraudulent platform falsely promi...
'A video on Facebook, a chat on Telegram': Deepfake Nirmala Sitharaman scam costs Bengaluru professor Rs 61 lakhA Bengaluru professor lost over sixty-one lakh rupees in a sophisticated cyber fraud. She was lured by a deepfake video featuring Finance M...
How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...
Rs 40 lakh return from Rs 22,000 investment? How ‘Quantum AI’ scam is misusing Nirmala Sitharaman’s name to lure investorsQuantum AI scam: A viral message falsely claims Finance Minister Nirmala Sitharaman is promoting a 'Quantum AI' investment scheme. It promi...
ChatGPT was used 'to help scammers do their thing' at Asia fraud compoundKenyan jobseeker Duncan Okindo was trafficked to Myanmar under false promises of work in Thailand, where he endured forced labor in a scam ...
ET World Leaders Forum 2025: Be ready to reap the benefits of AI, but wake up to the risks tooIndustry stakeholders at a recent discussion highlighted AI's potential to revolutionize various sectors, bringing improved efficiencies an...
Frankenstein Monster: Aswath Damodaran says upcoming NYU bot in his name could out-fake scammers, gives Insta scam 'A-' gradeAswath Damodaran warns about AI scams using his image. He highlights an Instagram scam and its flaws. Damodaran discusses an NYU AI project...
Bengaluru techie loses Rs 91 lakh in stock market fraud, Nithin Kamath dreads AI useNithin Kamath expressed concern over increasing online investment scams, especially with the potential use of AI by fraudsters. He advised ...
Beware! High-tech thieves use AI to create deepfakes of Elon Musk, scam millions from Americans; here's how they do itIn a recent development it has been known that several high tech thieves are nowadays using AI to create several kinds of deepfakes of Elon...
OpenAI’s newsroom account on X hackedA cryptic post on OpenAI newsroom account on X persuaded users that they could claim a share of its initial supply and gain uninterrupted a...