ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Scammers Use 'Voice Clone' to Dupe Elderly in 'Grandparent Scam' | "It Sounds Just Like You, but It's Not You"

Scammers are primarily targeting the less tech-savvy demographic, mostly the elderly, who are unaware of such technology.
UPDATED AUG 24, 2023
Cover Image Source: Pexels | Cottonbro Studio
Cover Image Source: Pexels | Cottonbro Studio

Scammers are now using advanced technology to scam unsuspecting citizens into paying them money and revealing personal details. The latest string of scams involves con artists using Artificial Intelligence technology to mimic the voices and/or facial features of people to trick their family and loved ones. "It looks just like you. It sounds just like you, but it's not you," tech expert Craig Agranoff told CBS12.

Image Source: Marcus Aurelius/Pexels
Image Source: Marcus Aurelius/Pexels

Scammers are primarily targeting the less tech-savvy demographic who are unaware of such technology. The target demographic mostly includes older people, thus, it's called the 'Grandparent Scam.' The scam was reported by Attorney General Ashley Moody who announced the Cyber Fraud Enforcement Unit for Florida earlier this month.



 


What is the 'Grandparent Scam'?

Attorney General Ashley Moody also launched a new Summer Scams Series called Tech Traps to spread awareness of how fraudsters use technology to fool people. The first feature in the series is the ‘Grandparent’ scam, which involves imposters who claim that they have kidnapped a family member like their grandchild or any other loved one. Scammers use sophisticated algorithms and voice-synthesis technology to mimic human voices to fool people into believing a phone call is from a known individual or a loved one. Using the new technology, the scammer pretends to have kidnapped a family member in an attempt to coerce them to give ransom money.



 

Apart from grandparents, people are also getting scammed on dating scams through catfishing scams as well, according to Agranoff. Over 42,000 Floridians lost a combined total of more than $844 million in 2022 to cybercrime, as per the Federal Bureau of Investigation’s Internet Crime Complaint Center. To help people get justice and spread awareness against such scams, Attorney General Ashley Moody established the Cyber Fraud Enforcement Unit for the state of Florida. On the portal, citizens are warned about new scams which target people using technology.

Scammers are using Smart TVs 

Another new scam shown on the website portal of the unit involves the use of Smart TVs to fool people. The scammers show pop-up messages on the victim’s smart TV and try to gain remote access to the device once the user clicks on them. Then they steal personal or financial information stored in the online account on the device. The scheme usually starts with a pop-up appearing on a smart TV, which has instructions to call tech support or to visit a website to fix an issue with their smart TV. As soon as the users click on these links, malware is downloaded in the system or they are asked to pay a fake fee or even give up personal information.



 


How to be safe from such scams?

Even though scammers are using advanced technologies to fool people, there are ways to stay protected from such fraud. One way to ensure safety is to double-check the information given by the scammers. Asking personal questions that only the supposed loved ones could answer is another way to verify their identity. Further, people should be wary of any urgent requests, especially when money is involved.

Image Source: Pixabay
Image Source: Pixabay

For victims of cyber fraud, the Cyber Fraud Enforcement Unit recommends:

1. Securing devices and changing all passwords

2. Collecting and preserving evidence by taking screenshots

3. Immediately report the crime to FDLE’s Computer Crime Center

4. Notifying the bank and credit card company and monitor accounts to check for identity theft

5. Updating all antivirus, firewall, and security software.

The Cyber Fraud Enforcement Unit is a team of criminal and civil attorneys who work with Florida Department of Law Enforcement analysts and other law enforcement agencies. The unit is already working with the Florida Department of Law Enforcement and law enforcement on cybercrime investigations across the state to help victims of cybercrime get justice and spread awareness on how to be safe from fraud and prevent cybercrime.

MORE ON MARKET REALIST
New Zealand eased restrictions for its golden visa and Americans are dominating the applications
1 hour ago
ZOA Energy agreed to settle a case alleging it misled customers with its zero preservatives claim
3 hours ago
Despite being bald, Harvey knew some of the answers didn't make sense.
5 hours ago
Yang claims if one company cuts workers, it will turn into a competition which will be devastating.
22 hours ago
The President called it a "Democrat Shutdown" blaming his political opponents for stalling talks.
1 day ago
After learning about the item, Harvey politely requested everyone to never gift him that.
1 day ago
After spotting a contestant in an all white family, Harvey had to make sure he was doing okay.
1 day ago
The contestant, Alison Betts hedged a massive bet on her opponents getting the answer wrong.
2 days ago
While customers may benefit, U.S. automakers could suffer due to the cut-throat pricing competition.
3 days ago
According to data from Zillow, couples can save over $20,000 by sharing the burden
3 days ago
The player who annoyed the host was quickly put in his place with a roast.
3 days ago
Harvey, a music lover was taken on a ride by the contestants.
3 days ago
Trump warned Canada could face a 100% tariff if it signs a trade agreement with China.
6 days ago
The Secretary of Health and Human Services loves the President for giving him creative liberty.
6 days ago
CEO Brian Moynihan negated the concerns of a K-shaped economy, claiming January spending is up.
6 days ago
Howard Lutnick claimed the U.S. GDP could grow by 6% in the first quarter, thanks to the tariffs.
7 days ago
When Harvey heard how much KC was willing to spend on his anniversary dinner, he was shocked.
7 days ago
The December retail report and the bond market have undermined expectations of strong growth.
7 days ago
Citing Trump's four engines of growth, Peter Navarro says non-inflationary growth is coming.
7 days ago