In a recent case, a man in China was scammed out of over Rs 5 crore by a scammer who used AI-powered face-swapping technology to impersonate his friend. The scammer called the victim on video chat and pretended to be in need of money for a business deal. The victim, who was unaware of the scam, transferred the money to the scammer’s account.
This incident highlights the growing threat of AI-powered scams. As AI technology becomes more sophisticated, scammers are finding new ways to use it to trick people out of their money.
Castler Escrow is a platform that can help protect you from AI-powered scams. When you use Castler Escrow, the money you send to someone is held in escrow until the transaction is complete. This means that the scammer cannot access the money until you have received the goods or services you were promised.
In the case of the man in China, if he had used Castler Escrow, the scammer would not have been able to steal his money. The money would have been held in escrow until the scammer had delivered the goods or services he promised. If the scammer had failed to deliver, the victim would have been able to get his money back.
Castler Escrow is a simple and easy-to-use platform that can help protect you from AI-powered scams. If you are ever asked to send money to someone you do not know, use Castler Escrow to protect yourself.
Here are some other ways Castler Escrow can protect you from AI-powered scams:
Castler Escrow uses a variety of security measures to protect your information, including encryption and fraud detection.
Castler Escrow has a team of experts who are available to help you if you have any questions or concerns.
Castler Escrow is a trusted platform that has been used by thousands of people around the world.
If you are concerned about the growing threat of AI-powered scams, Castler Escrow is a great way to protect yourself.