AI FRAUD

Mar 26 2026TECHNOLOGY

Streamlining Small‑Business Invoices with Smart Automation

Small firms juggle about 500 bills each month. When these are handled through emails, spreadsheets and manual checks, the cost per invoice rises to between $15 and $40. This isn’t a tech issue—it’s an operational tax that many finance teams accept without question. The main expense is labor: a staf

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Mar 21 2026CRIME

AI‑Song Scam Hits $8 Million, Man Must Pay Back

A North Carolina resident admitted to fabricating thousands of AI‑generated tracks and using fake listeners to trick major music services into paying him more than $8 million in royalties. He pleaded guilty to a single wire‑fraud conspiracy charge before a federal judge and will be sentenced in July

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Jan 13 2026CRYPTO

Crypto Firms Shift Gears on Security as AI Fraud Rises

Crypto firms are rethinking their security strategies. They are moving away from traditional methods like multi-factor authentication (MFA). This shift is happening because AI-powered fraud is on the rise. Only 28% of crypto firms now rely on MFA as their primary defense. Instead, they are turning t

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Dec 13 2025FINANCE

The AI Hedge Fund Hoax: A Costly Lesson in Trust

A Florida man's clever lie about an AI-powered hedge fund has come to an end. A judge in Brooklyn has approved a deal where he must pay back over $4 million. This is what happened. Mina Tadrus claimed his company, Tadrus Capital LLC, used artificial intelligence to make big profits. But it was all

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