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Scamming Becomes $422 Billion Business With AI Assistance

  • PYMNTS--pymnts.com
  • published date: 2026-10-11 22:46:29 UTC

Like many industries, scamming is getting an artificial intelligence-powered upgrade. That’s according to a report Saturday (Oct. 10) by Bloomberg News, citing data from the Global Anti-Scam Alliance estimating victims lost $442 billion across 42 countries la…

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