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AI fraud costing victims millions of dollars

AI News August 23, 2026 07:30 PM
AI fraud costing victims millions of dollars

AI fraud costing victims millions of dollars

Deepfake scams are becoming harder to spot as criminals use AI to impersonate officials and public figures. In Singapore, one victim lost nearly $4m to a deepfake scam, while researchers warn the technology is becoming easier to create. Al Jazeera’s Patrick Fok reports.