Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraud
Increasingly elaborate investment scams involving gold, cryptocurrencies and wine have soared in the past year with more than £220m lost to the fraud, according to a report.
UK banks reported almost 15,000 investment scams in 2025 as criminals use artificial intelligence to dupe people out of their money.
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Source: The Guardian