An elderly woman gets a call from her grandson. Or at least, she thinks she does. He sounds panicked and says he needs money immediately. Although the voice is spot-on, it’s completely fake. Within hours, her savings are gone — wired through a maze of accounts, converted into cryptocurrency, and moved out of reach. By the time anyone realizes what happened, the trail is cold.
The scale in which this is now occurring is eye-popping. For example, just days ago, the FBI issued an alert that artificial intelligence and cryptocurrency scams — often operated by fraud cartels — bilked Americans to the tune of over $20 billion last year.
TRUMP IS RIGHT TO TARGET FRAUD CARTELS. HERE’S WHAT SHOULD COME NEXT
Fortunately, the White House is treating rectifying this problem with the urgency it deserves.
This month, acting Attorney General Todd Blanche, under the leadership of President Donald Trump’s appointed fraud
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