Fraudsters are now using deepfake audio to fake executive voices and approve bogus wire transfers, especially across Asia-Pacific.
With tools like fraud-as-a-service and generative AI, even people with little tech know-how can pull off complex scams.
Global losses were $442 billion in 2025.
Law enforcement isn't sitting back, Interpol reports a 54% jump in global fraud alerts since 2024, across Interpol member countries.
They've helped crack over 1,500 cross-border cases worth $1.1 billion and launched operations like Shadow Storm to target scam centers behind financial crime and cyberattacks.
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