Investment fraud has always relied on information gaps. According to the FBI, cyber-enabled crimes reported to IC3 caused nearly $21 billion in losses in 2025, with investment fraud accounting for nearly 49 percent of scam-related losses. Why Fraud Detection Became a Technology ProblemThe scale of digital fraud has made manual review inadequate. The same release reported nearly $21 billion in cyber-enabled crime losses and stated that investment fraud remained the primary driver of scam-related losses. FINRA’s investor alert on artificial intelligence and investment fraud warns that bad actors are using AI’s popularity and complexity to lure victims.