Cybercrime is reaching record proportions, with older Americans losing tens of billions of dollars to sophisticated online schemes. But this isn’t just about hackers stealing passwords—bad actors are using artificial intelligence to clone voices, replicate family photos, and manipulate victims into willingly handing over their savings.
Heritage Foundation Chief Economist E.J. Antoni joined Lisa Brady on the FOX News Rundown earlier this week to explain how massive overseas crime compounds in Southeast Asia—often operated using trafficked forced labor—are running these scams like full-scale businesses. Antoni outlined why targeting bank transactions happens too late, why tech companies must partner with government agencies to stop fraud at the source, and the steps families can take to protect themselves online.
We couldn't air the entire conversation earlier this week due to time constraints, but you can hear it in full on today's FOX News Rundown: Extra.
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