"Expert Warns of 2024 Financial Scams: AI to Lead Top Frauds"
Originally Published 2 years ago — by CNBC
Fraud prevention experts warn that financial scams are at a crisis level, with AI tools and advanced technology making it harder for consumers to detect. The top financial scams to watch out for in 2024 include grandparent scams, romance scams, cryptocurrency scams, employment scams, and online account tax scams. To avoid falling victim, experts advise discussing potential scams with family and friends, setting up a "safe word" for emergency situations, being cautious of new love interests asking for money, avoiding mixing online dating with investment advice, researching potential employers, and setting up IRS online accounts directly through IRS.gov.