AI is fueling a massive surge in crypto fraud schemes, IRS investigators say

Kyle Holder’s entire life savings were stolen from her by sophisticated scammers who used artificial intelligence to perfectly manipulate her. Her $300,000 in retirement and savings accounts, saved over decades, disappeared into the cryptocurrency universe in under three months. Holder was one of thousands of Americans swindled out of a total estimated at $20 billion … Read more

Vance says Biden admin ‘turned off’ anti-fraud protections, debuts new task force with focus on Somali schemes

NEWYou can now listen to Fox News articles! Vice President JD Vance on Friday hosted the first anti-fraud task force meeting, where he delivered opening remarks saying the Biden administration “turned off” anti-fraud protections that “existed in our government for a very long time.” Vance was joined by Cabinet and administration officials, including White House … Read more

Everything we know about Minnesota’s massive fraud schemes

As national attention focuses on the growing fraud scandal in Minnesota, which federal prosecutors estimate could top $9 billion, the state’s Democratic Governor Tim Walz announced he is dropping his reelection campaign. Right before New Year’s, a viral social media video by YouTuber Nick Shirley, which was amplified by Elon Musk, Vice President J.D. Vance … Read more