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BBC NEWS · GLOBAL ·

Financial losses from scams hit £1.3bn a year as criminals turn to AI

As reported by BBC News
On average, nearly eight cases of fraud in which money is stolen are reported in the UK every minute.
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Financial losses from scams in the UK have reached a staggering £1.3 billion annually, with criminals increasingly leveraging artificial intelligence. Approximately eight fraud cases involving stolen money are reported every minute across the UK, underscoring the growing scale…

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