Fraud & Financial
Documented cases of fraud and financial harm enabled by AI and digital platforms — including deepfake video and voice cloning scams, AI-powered romance fraud, and algorithmic exploitation of consumers.
Based on incidents with a reported US location. Geographic coverage reflects what has been documented, not the full distribution of harm.
Recent Incidents
Retired Army officer loses ₹1 crore to deepfake investment scam using AI-generated Modi and Sitharaman videos
Middle-aged couple in Gujarat loses $300 to AI voice cloning fraud targeting their son
69-year-old Indiana retiree loses $10,000 to pig-butchering scam via Facebook and encrypted messaging apps
Finance director loses $499,000 to deepfake Zoom call impersonating senior executives in Singapore
78-year-old Birmingham widow loses $11,000 to AI voice cloning scam
UK woman loses £19,000 to pig-butchering romance scam
Los Angeles woman loses $81,000 and home equity to deepfake romance scam on Facebook and WhatsApp
69-year-old retiree loses $500,000 to pig butchering scam via ai-generated images and fake crypto platform in december 2025
Khammam businessman loses ₹2.05 crore to fake forex and crypto WhatsApp trading scheme by scammer posing as "Jessica Meenakshi" between November 2025 and March 2026 in Telangana
Arup finance employee loses HK$200 million to deepfake video call scam in 2026
Related Legislation
U.S. House Bill — Technology to Combat Elder Financial Fraud
HB 1954 — Relating To Identity Theft
HB 669 — Impersonation Of Certain Licensed Professionals By Chatbot; Definitions, Notice, Civil Liability
SB 2304 — Relating To Identity Theft
SB8 - Criminal Law - Identity Fraud - Artificial Intelligence and Deepfake Representations
Lawsuit against six individuals and three sham charities for $3.8 million fraud scheme at San Diego sports venues
SB 3719 — AGING-SCAM/ROBOCALLS INFO
HB 1447 — Mississippi Social Media Fraud Accountability and Consumer Protection Act
Related Litigation
United States v. Approximately 1,070,013.93441 Tether (USDT) Cryptocurrency
United States v. Approximately 1,070,013.93441 Tether (USDT) Cryptocurrency
Mitchell v. Skillz Platform Inc.
United States v. APPROXIMATELY 1,537,935 USDT
United States v. APPROXIMATELY 1,537,935 USDT
United States v. Approximately 127,271 bitcoin (BTC) previously stored at the virtual currency addresses listed in Attachment A, and all proceeds traceable thereto
United States v. 266,907 Tether (USDT) associated with cryptocurrency address 0x9798E11938DDf58f103410111c56dA9d2F00b9c8
United States v. 266,907 Tether (USDT) associated with cryptocurrency address 0x9798E11938DDf58f103410111c56dA9d2F00b9c8