WIRED: Australian company Apate has built an army of 350,000 AI bots that pose as scam victims to waste fraudsters' time. The bots answer scam calls, reply to texts and infiltrate scam chat groups using different personalities and languages. Some scammers reportedly spend over TWO HOURS talking to them.
Banks are already using the system, which Apate says has collected over 250,000 pieces of fraud intelligence, including scam URLs, money mule accounts, bank details and information about criminal operations.