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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.

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Frequently Asked Questions

Q: How many fraudulent advertisements were taken down from April 2023 to March 2026?
A: A cumulative total of over 107,000 fraudulent advertisements were taken down during this period.
Q: What technologies did the Financial Supervisory Commission use to combat online fraud?
A: The Financial Supervisory Commission utilized artificial intelligence technology and strengthened inter-agency cooperation.
Q: How many additional fraudulent advertisements were removed following public reports between September 2024 and March 2026?
A: Over 70,000 additional fraudulent advertisements were taken down through the Digital Affairs Administration's online fraud reporting inquiry website.
Q: What are the common tactics used by fraud groups to lure victims according to Wang Xiuling?
A: Common tactics include impersonating celebrities or legitimate financial institutions to place enticing advertisements with deceptive phrases like offering free books.
Q: What number can citizens call if they suspect they are encountering a fraudulent method?
A: Citizens can call the 165 anti-fraud hotline of the National Police Agency to verify if it is a scam.