Tag: fraud
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The Ghost Students: A New Wave of Financial Aid Fraud in California Colleges
In a shocking revelation, 20% of all applications to California community colleges are now from "ghost students" - scammers using someone else's name to pocket the financial aid and never show up for a single class. This fraudulent activity is not just a problem because it's fraud; it also places a significant burden on underfunded community colleges and takes up slots in classes that real students are getting crowded out from. The fraudsters are focusing their efforts on Pell grants, which became a more attractive target because the federal government stopped verifying family income during the pandemic.
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The Dark Side of Voice-Mimicking AI: How Criminals Are Exploiting this Technology
Voice-mimicking AI technology has been a game-changer in many ways, enabling more realistic voice assistants, improving audio recordings, and aiding communication for people with disabilities. However, this technology has also been exploited by criminals, who are using it to carry out scams, frauds, and other criminal activities. This blog post explores the dark side of voice-mimicking AI, discussing how criminals are using this technology to impersonate others and trick people into providing sensitive information. We also explore potential solutions to prevent the misuse of this technology, such as detecting synthetic speech and educating the public about the risks of vishing attacks. If you're interested in learning more about the risks and potential solutions related to voice-mimicking AI technology, read on.
