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AI Tools Drive Surge in Fraud, Experts Warn

3/26/2026

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Story summary
  • Artificial intelligence is significantly changing the fraud landscape, with nearly half of scams now using AI tools, including deepfakes.
  • Soups Ranjan, CEO of Sardine, warns that AI-generated fraud is set to grow rapidly.
  • Demonstrations showed how accessible apps can create convincing deepfakes and allow scammers to generate fake identities and replicate legitimate websites.
  • Experts emphasize that even those who protect personal information remain at risk due to small digital traces.