Oct 11, 2026 · 3 min · 5 segments
**Viewpoints Explained: How AI Is Making Scams More Convincing** - Investment scams are getting harder to spot as criminals use crypto, fake websites and AI to look legitimate. We break down the…
Ebony McMorrisHost
The Federal Trade Commission says consumers reported losing almost $16 billion to fraud last year.
Many of these cases involved one person losing more than $100,000 through one scam.
Scammers have more to work with now from fake social media accounts to clone voices and AI-generated videos that can make a bad investment look very real.
So how do you spot a bad deal? Look out for any promises of guaranteed returns or pressure to sell money quickly.
Also, be careful if you're asked to send crypto or pay extra fees to withdraw your money.
Some fake investment sites will make it seem real by allowing people to withdraw a small amount at first and then will lock access after receiving the rest of the money.
Experts say that the more convincing these scams become, the less you can rely on appearances.
A website that looks professional or a busy group chat with people sharing their positive experience doesn't mean much anymore.
The Federal Trade Commission says consumers reported losing almost $16 billion to fraud last year.
Many of these cases involved one person losing more than $100,000 through one scam.
Scammers have more to work with now from fake social media accounts to clone voices and AI-generated videos that can make a bad investment look very real.
So how do you spot a bad deal? Look out for any promises of guaranteed returns or pressure to sell money quickly.
Also, be careful if you're asked to send crypto or pay extra fees to withdraw your money.
Some fake investment sites will make it seem real by allowing people to withdraw a small amount at first and then will lock access after receiving the rest of the money.
Experts say that the more convincing these scams become, the less you can rely on appearances.
A website that looks professional or a busy group chat with people sharing their positive experience doesn't mean much anymore.
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