The latest AI scam and deepfake news on Investment Scams from the AuthentiLens editorial team. These stories cover real cases, emerging fraud tactics, and official consumer alerts from agencies including the FBI, FTC, IRS, and CISA.
AI Voice Cloning Drives Social Media Scams to $2.1B in 2025 — Americans lost $2.1 billion to social media scams in 2025, eight times the 2020 figure, with AI voice cloning now leading the threat list, according to FTC data released this month.
Long Island Retiree: $300K Lost to AI Crypto Scam — Kyle Holder, 73, a retired occupational therapist on Long Island, lost her $300,000 life savings to AI-powered crypto scammers and now lives in a Medicaid-funded assisted living facility.
IRS: AI Crypto Scams Draining Retirement Accounts — IRS Criminal Investigation warns scammers now use dark AI tools to automate targeting. One victim lost $300,000 in retirement savings over three months, funds that vanished through 14 wallets before hitting a crypto exchange.
Brooklyn Retiree Loses $1.6M to AI Romance Scam — A text from Jenny cost 76-year-old Ron Williams his entire $1.6M retirement. His son used AI to prove the scammer's photos and videos were all fabricated.
DOJ Charges Tech CEO in $421M AI Washing Fraud — Federal prosecutors say iLearningEngines fabricated most of its revenue with sham contracts. The indictment signals AI washing is now a DOJ priority.
FBI: AI Scams Drained $893M From Americans in 2025 — The FBI 2025 Internet Crime Report broke out AI-enabled fraud for the first time in 25 years. Opening figure: $893 million in losses from 22,364 complaints.
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