Scammers have successfully defrauded individuals in the UK and the US, with British victims losing £1.3 billion and Americans losing $3.5 billion. The report highlights the increasing sophistication of impersonation scams, often leveraging social media and AI technologies. AI
RANK_REASON The article discusses financial losses due to scams, mentioning AI as a tool used by scammers, but does not report on AI development or research.
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