Scams Appear More Legitimate with the use of Artificial Intelligence - The Motley Fool

With the use of Artificial Intelligence (AI), you must be more alert than ever before with emails, texts and phone calls that you receive. The scammers can now duplicate almost anything: Your voice, friends’ and family voices, official looking emails and websites.

They collect their information from media sites, so always be careful what you say online, post online, or answer online!

The FBI Internet Crime Complaint Center reported over 859,500 complaints of fraud resulting in losses of over $16 billion dollars. Of those losses, $5 billion were 60 years old or over.

Never give out your bank account or Social Security number over the phone or in response to an email or text. If you are worried, it may be true, go directly to your account and verify it; do not click on any links in the text or email. To read the full article by Dana George of The Motley Fool, click here…..

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Comments On This Topic

  1. Tell me why nothing has been done to ensure SS is guaranteed to those who have paid into it. The 1960 Supreme Court ruling in Flemming vs Nestor as far as I know still stands.

    • Lisa:

      Under current law, Social Security benefits are slated for uninterrupted payment to beneficiaries who are legally eligible based on a valid work record, or to someone dependent on a worker who has a valid work record. As you probably know, Social Security’s looming financial problem may affect the value of these benefits if appropriate corrective action is not taken by Congress quickly enough to avoid the forecasted point of insolvency. If this were to occur, benefits would continue, but on a reduced basis.

      Gerry Hafer, Social Security Advisor
      AMAC Foundation
      The above is intended for information purposes only and does not represent legal or financial guidance. It presents the opinions and interpretations of the AMAC Foundation’s staff, trained and accredited by the National Social Security Association (NSSA). NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (amacfoundation.org/programs/social-security-advisory) or email us at ssadvisor@amacfoundation.org

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