Fraud cases in Taiwan are becoming increasingly rampant, with diverse methods, even using AI to impersonate prosecutors and police. Victims not only lose money but may also be burdened with debt due to being forced to mortgage their properties. Many victims ignore warnings and even distrust family members’ advice, leading to repeated scams. Fraud syndicates tailor their tactics to different demographics, making them difficult to guard against. Experts advise remaining vigilant and seeking professional assistance if you encounter suspicious activity to avoid becoming the next victim.
00:00 Rampant Fraud: Victims’ Families Face a Crisis of Trust
04:07 The Rise of AI-Powered Fraud: Techniques Emerge
08:10 Elderly People Are a Major Target of Fraud
12:14 Mortgage Trap: Escalating Financial Losses