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FMA warns AI deepfake scams cost NZ $265m with no law to stop them b2bnews.co.nz/news/fma-war...
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b2bnews.co.nz
The FMA found 110 AI-generated scam ads on Meta in a single day. Banks reported $265 million in fraud losses. And New Zealand still has no legal framework to compel platforms to act.
FMA warns AI deepfake scams cost NZ $265m with no law to stop them
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