How effective has the Financial Supervisory Commission's use of AI been in combating fraud?

In the past three years, over 107,000 fraudulent ads have been proactively taken down, and more than 70,000 additional ads have been removed based on public reports, effectively reducing the risk of fraud for the public.

What are some common tactics used by fraudsters?

Fraudsters often use the names of celebrities and legitimate financial institutions to place ads, and attract people with offers such as free books, knowledge sharing, or free gifts.

What should you do if you suspect fraud?

You can call the 165 Police Anti-Fraud Hotline to verify, or call the Anti-Fraud Consultation Hotline to check the information of legitimate companies.

AI News NQ Analysis

AI Fights Fraud: FSC to Take Down 107,000 Fraudulent Ads in Nearly 3 Years

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Taiwan's Financial Supervisory Commission (FSC) is using AI technology and inter-agency cooperation to combat fraud, having taken down over 107,000 fraudulent online investment ads in the past three years and an additional over 70,000 reported by the public, significantly reducing citizens' risk of falling victim.

AI Analysis

Frequently Asked Questions

Q: How effective has the Financial Supervisory Commission's use of AI been in combating fraud?: A: In the past three years, over 107,000 fraudulent ads have been proactively taken down, and more than 70,000 additional ads have been removed based on public reports, effectively reducing the risk of fraud for the public.
Q: What are some common tactics used by fraudsters?: A: Fraudsters often use the names of celebrities and legitimate financial institutions to place ads, and attract people with offers such as free books, knowledge sharing, or free gifts.
Q: What should you do if you suspect fraud?: A: You can call the 165 Police Anti-Fraud Hotline to verify, or call the Anti-Fraud Consultation Hotline to check the information of legitimate companies.