On May 22, 2026, Thai police walked into a luxury condo in Nonthaburi and found eighteen phones, three laptops, and the machine behind a wave of AI-powered romance scams aimed at older Thai women. The men inside had been overstaying their visas for years. The women on the other end of the screen had been falling in love with people who did not exist.
On April 30, 2026, Australia's prudential regulator told the country's banks they are not keeping up with frontier AI. The warning landed in the same week regulators counted nearly twelve thousand scam sites taken down in a single year and a major bank disclosed up to a billion dollars in suspected AI-forged home loans.
By Mark Tell · May 1
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Tomorrow's pitch, decoded today.
Financial crime intelligence. The patterns, the tells, the playbook. Daily at 6AM before anyone asks you for money.
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