IRS deploys AI tools to combat emerging tech’s role in new fraud schemes

The IRS is staffing up with investigators to go after all sorts of criminal activity, but criminals are using artificial intelligence tools to launch more sophisticated fraud schemes, and in greater volumes.

The agency’s criminal investigation branch, however, is also relying on AI tools to stay one step ahead of fraudsters.

Jarod Koopman, IRS Criminal Investigations’ executive director of cyber and forensics, said in a recent interview that online payment fraud now exceeds $360 billion annually, and that check fraud is “skyrocketing.” 

Source(s): The Federal News Network, received January 2, 2025