scam: a dishonest trick used to cheat someone out of money
Scammers Use AI Software To Steal From The Elderly
Benjamin Perkin’s elderly parents were scammed out of $21,000 over the phone. The scammer used voice cloning technology to imitate their son’s voice. The scammer said he had killed someone in a car accident and needed money for legal fees. Perkin’s parents were convinced they were speaking to their son. They sent the money through a bitcoin terminal. When the real Perkin called his parents later that night, they realized they had been scammed. The family has filed a police report, but the money is gone.
Sample sentences
1. The company was accused of running a scam to lure investors into buying their shares.
2. The company lost thousands of dollars due to an email scammer who tricked employees into revealing sensitive information.
3. He was arrested for running a Ponzi scheme, a type of financial scam where investors are promised high returns.
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They thought loved ones were calling for help. It was an AI scam.