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They warn that AI could increase fraud against older people in the US.

  • June 10, 2024
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Growing number fraud or cases financial abuse against older people in the United States may increase further with the advent of Artificial intelligence (IA), noted EFE experts who

Growing number fraud or cases financial abuse against older people in the United States may increase further with the advent of Artificial intelligence (IA), noted EFE experts who doubled down on their recommendations so they wouldn’t be ashamed to report it.

In that World Elder Abuse Awareness Monthwhich is celebrated every June, bank chase warned that with the help of AI, fraudsters could, among other things, play with precision family voicesand this may encourage fraud against this population.

According to the latest report FBI for fraud in general, in 2023 In the US, the number of reports of attempted fraud increased by 14% people over 60 years of age, while losses increased by 11% compared to the previous year.

losses due to fraud and exploitation of older people in this country they reach $28.3 billion annually, according to the report American Association of Retired Persons (AARP, in English), which shows that 70% of cases are scammers Close relativesrelatives or caregivers.

Few reports of scams targeting seniors

Another fact that is attracting the attention of organizations fighting this problem is that 87.5% deceived family or people they know They never report the incident to the authoritiesbut if, on the contrary, if they are strangers, then only in a third of cases are they not reported.

“You should never be ashamed, fraud can happen to anyone. The worst thing you can do is remain silent.“, he points out to EFE. Maribel Ferrerrepresentative Chase Bankwhich emphasizes that early discussion of suspected fraud with a family member can allow action to be taken before it is too late.

As reflected in the latest report Internet Crime Complaint Center (IC3, English abbreviation), the largest number of frauds against people over 60 years of age is associated with fake technical supportfollowed by identity theft and those involving “trust and romance fraud.”

The executive branch emphasizes the importance of education in prevention and that it includes basic measures such as ignore calls from unknown numbers, delete text messages from senders we don’t know, and eliminate And ignore emails or physical emails that are unknown.

Experts emphasize that this is necessary eliminate or reduce That check spellinga custom ingrained among older people and it should be automate all possible monthly payments the sense of urgency to pay for basic services will disappear.

AI is a new tool for fraudsters

“Older people sometimes still appreciate that the phone is always answered,” the executive adds, hinting at a different way to reach strangers, as well as new forms of AI-protected deception.

He message always be alert and don’t be afraid delete or eliminate unknown numbersbut also be alert to purported 911 calls made by a family member, as they are likely a hoax call made by AI.

“One piece of advice we give consumers is to install a key that only you and your family knowFerrer said, adding that it is equally important to remain calm.

Don’t be afraid to hang up. If the urgency is real, the loved one will call again, Ferrer says. Once the deception is discovered, there is one more important step to take. make a reportboth to the bank and to Federal Trade Commission (FTC, in English), which also contains a lot of information.

EFE

Source: Aristegui Noticias

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