Artificial intelligence (AI) is making fraud schemes more convincing and increasing the financial risks facing older Americans, according to cybersecurity and consumer protection expert Steven J. J. Weisman.

Weisman — an attorney, author and senior lecturer at Bentley University — discussed the growing sophistication of scams during a presentation hosted by Fairway Home Mortgage on Wednesday. The session focused on protecting seniors from financial exploitation, identity theft and other forms of fraud.

Americans reported losing more than $15.9 billion to fraud and scams last year, according to Federal Trade Commission figures details ⇒

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