The Expert Podcast

• As an investigative agency, we constantly track evolving fraud patterns. In 2022 and 2021, scams mainly revolved around cryptocurrency and blockchain schemes or enticing fake investments promising high returns.

• In 2023, a significant shift occurred with the rise of family law case frauds, particularly in divorce and probate proceedings.
• Family events such as deaths, divorces, or transitions to hospice care present opportunities for individuals to manipulate asset distribution unfairly.
• Hidden assets, fraudulent conveyances, and altered beneficiaries in wills or life insurance policies are common tactics observed.

• Businesses increasingly exploit the allure of artificial intelligence (AI) to attract investors or customers, despite lacking genuine AI integration.
• Many companies falsely claim to use AI when, in reality, they rely on manual labor or outdated automation technology.

• A surge in business sale fraud is noted, where companies misrepresent their revenue to inflate their business value.
• Fraudulent activities, such as fabricated bank transactions, create misleading impressions of business performance and financial health.

• Fake transfer fraud remains prevalent, targeting both individuals and companies engaged in financial transactions.
• Scammers exploit compromised email accounts or publicly available business information to fabricate false invoices and redirect payments to unauthorized accounts.

• It's crucial to remain vigilant against these evolving fraud tactics to prevent personal or corporate losses.
• Verification of financial transactions, thorough due diligence in business dealings, and skepticism towards extraordinary claims are vital strategies to safeguard against fraud.

• Don't let fraud undermine your personal or business endeavors. Stay informed, scrutinize transactions, and verify claims to protect yourself from falling victim to fraudulent schemes in 2023 and beyond. visit our website at ActiveIntel.com for additional resources.