Criminals are constantly adapting fraud schemes to use the latest technologies, from artificial intelligence to cryptocurrency.
That’s why AARP Kentucky will host a series of Scam Jam events this year to help Kentuckians stay up-to-date and protect themselves. One increasingly popular tool for scammers are cryptocurrency kiosks, also called crypto ATMs.
The machines, which convert cash into Bitcoin and other digital currencies, can resemble traditional bank ATMs and are located in gas stations, grocery stores and other businesses. The transactions often involve international exchanges, which makes money difficult to trace and recoup.
…





