• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy AI ‘voice clone’ scams increasingly hitting elderly Americans, senators warn
Economy

AI ‘voice clone’ scams increasingly hitting elderly Americans, senators warn

by May 19, 2023
by May 19, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Generative artificial intelligence systems are already making it easier for scammers to con elderly Americans out of their money, and several senators are asking the Biden administration to step in and protect people from this quickly emerging threat.

Sen. Mike Braun, R-Ind., the top Republican on the Senate Special Committee on Aging, spearheaded a bipartisan letter to the Federal Trade Commission (FTC) on Thursday that asks for an update on what the agency knows about AI-drive scams against the elderly and what it is doing to protect people. The letter, signed by every member of the Senate committee from both parties, asks about AI-powered technology that can be used to replicate people’s voices.

The letter to FTC Chairwoman Lina Khan warned that voice clones and chatbots are allowing scammers to trick the elderly into making them believe they are talking to a relative or close friend, which leaves them vulnerable to theft.

‘In one case, a scammer used this approach to convince an older couple that the scammer was their grandson in desperate need of money to make bail, and the couple almost lost $9,400 before a bank official alerted them to the potential fraud,’ the Senate letter said. ‘Similarly, in Arizona, a scammer posing as a kidnapper used voice-cloning technology to duplicate the sounds of a mother’s crying daughter and demand ransom.’

In an interview with Fox News Digital, Braun said ‘imposter’ scams lead to about $2.6 billion in losses every year, and he said the elderly are particularly at risk now that scammers have access to voice-clone technology.

‘We’re getting calls into our constituent services line back in Indiana already where this is coming in and happening to some extent,’ Braun said. He added that imposter scams can be done without using a fake voice but warned that ‘AI makes it even easier because it’s like talking to your grandkid.’

Braun’s staff said they have also heard a complaint about a scam that used a voice that sounded like movie and pop star Jennifer Lopez. Braun recalled a Senate hearing this week in which Sen. Richard Blumenthal, D-Conn., opened the hearing on AI with an AI-generated voice that sounded like him, reading off an AI-generated script, and said scammers have access to these same tools.

‘When you can replicate a voice to the extent I couldn’t tell if that was Sen. Blumenthal or a replication – it sounded exactly like him – just imagine,’ Braun said. ‘That is a tool that the scammers never had.’

The FTC has made it clear it will use its authority to protect consumers from AI to the extent it can as Washington policymakers look to expand their regulatory oversight of this new technology. The Senate letter to the agency suggested that the FTC update its ‘educational and awareness’ materials to help seniors understand that scammers may be looking to fleece them out of their money using AI-generated voices.

Braun said FTC efforts to create these sorts of public service messages is a good start, adding that the Senate Special Committee on Aging maintains a hotline on scams against the elderly that he expects to soon start hearing complaints about voice-clone technology. He said the reports collected by the committee could feed into legislative efforts.

Braun predicted that Washington is likely to take up more regulatory efforts in the future on AI, and it didn’t go unnoticed that OpenAI CEO Sam Altman and other industry officials who testified on AI this week seemed to be inviting more federal oversight.

‘I’ve never seen any new technology, new business, where the people that created it have been more worried about how you use it,’ he said. ‘They’re worried that if they’re going to get any monetary value out of it, they are going to have to make sure it’s well-regulated.’

‘I just think there’s no way that AI can go unchecked, and I’m glad to see the people … on the forefront are thinking the same way,’ he said.

Pete Kasperowicz is a politics editor at Fox News Digital.

This post appeared first on FOX NEWS
You Might Also Like
  • Trump, GOP skeptics of Ukraine aid balk at potential McConnell-Schumer border deal
  • Maine slated to mandate state funding for sex reassignments
  • Comer raises questions about $200k ‘direct payment’ from James Biden to Joe Biden in 2018
  • Sen. Blackburn concerned over Biden supplemental request to aid Gaza after Hamas reportedly stole aid
Share
0
FacebookTwitterPinterestWhatsapp

previous post
DeSantis says he is one of only three ‘credible’ 2024 options, chances for Trump ‘not great’: report
next post
Sen. Scott to spend massive $6 million on TV ads in Iowa, New Hampshire during 2024 Republican primary race

You may also like

Hamas’ Gaza health ministry under microscope as questions continue over...

May 24, 2024

Kamala Harris now backed by more than half of delegates...

July 22, 2024

Ticketmaster’s day in Congress met with bipartisan ‘bad blood’ and...

January 26, 2023

Marianne Williamson campaign manager previously accused of misusing group funds...

June 9, 2023

Kevin McCarthy reflects on history during tour of first speaker’s...

July 5, 2023

Trump suggests Manhattan DA Bragg ‘already dropped the case’ against...

March 27, 2023

Nvidia Stock Rises with DJIA Inclusion & AI Driving Growth

November 8, 2024

North Korea acknowledges votes against selected candidates for first time...

November 29, 2023

US dental care crisis: It should not be a luxury...

May 22, 2024

10 Democrats who have vowed support for Biden in 2024...

January 22, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,449 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    GREG GUTFELD: The great Joe Biden...

    July 9, 2024

    Ex-FBI director James Comey on 2024...

    June 5, 2023

    Defiant Dem attorney Kim Gardner blasts...

    February 24, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here