ITHome · AI·· 14 days ago58
The U.S. Department of Justice investigates the AI fake student loan fraud case involving $200 million
Brief overview
The U.S. Department of Justice investigates student loan fraud through 'Operation Ghostbusters', where bad actors used stolen identities and AI to complete applications, defrauding $200 million and transferring it overseas; five have been charged. Over 40 cases involve 26 FBI field offices and 20 prosecutors' offices.
Source: ITHome · AI · ithome.com