Multiple reports say online fraud is increasing and that artificial intelligence is playing a role in scammers’ methods. The articles state that last year saw losses of more than £500 million to fraudsters, with victims being targeted through online channels. They attribute part of the surge to the use of AI tools, which scammers allegedly use to generate or tailor messages and impersonations more effectively than in previous scams. The reports describe victims as being manipulated through digital communications designed to appear credible. While the sources emphasize the link between AI and scam techniques, they do not provide detailed breakdowns in the excerpts provided, such as how much of the total losses are directly connected to AI as opposed to other factors. Overall, the common thread is that significant financial losses are being recorded and that AI-related capabilities are being used by criminals to scale and refine online scam attempts. The reports call attention to the growing threat posed by fraud conducted through modern digital technologies.