Peer-to-peer (P2P) payment apps like Venmo, Zelle, and Cash App have made sending money between family and friends easier than ever. But consumers beware: while these apps make exchanging money fast and convenient, they also make it quick and seamless for criminals to steal your money through a variety of tactics.
Artificial intelligence (AI) is making it even easier for criminals to steal people’s money, and American’s anxiety is rising. Concern is especially high around financial services, where scammers can use deepfake technology — AI-generated audio and video — to impersonate people and hack into bank accounts.
Keeping up with the latest scams and all the red flags that warn us of each one is exhausting. Scams constantly evolve, and each comes with its own red flags to remember. But some warning signs apply to a wide range of scams, and recognizing them can help you to react safely.
Scammers are using fake travel websites to steal your money. Learn how to spot bogus deals, protect your vacation plans and safely book your next trip online.