landingsupportour storylibrarycontacts
forumpoststagsnews

Chinese Criminal Gangs Exploit ChatGPT in Real Estate Fraud Schemes

September 17, 2025 - 05:00

Chinese Criminal Gangs Exploit ChatGPT in Real Estate Fraud Schemes

Chinese-led criminal organizations are reportedly utilizing OpenAI's ChatGPT to execute sophisticated fraud schemes targeting U.S. real estate agents. These scams, often referred to as "pig-butchering" scams, involve elaborate tactics designed to deceive victims into investing in fake cryptocurrency ventures.

According to sources, scammers have found ChatGPT to be an invaluable tool in crafting convincing narratives and communications that can easily manipulate potential victims. The AI's ability to generate human-like text allows these criminals to create realistic personas and build trust with their targets, making it easier to carry out their fraudulent activities.

One notable case involved a scammer named Okindo, who was recently rescued from a scam compound in Bangkok. The use of advanced technology like ChatGPT highlights a troubling trend in the evolution of online fraud, as criminals continue to adapt and leverage new tools to enhance their operations. As these scams grow more sophisticated, the need for vigilance among real estate professionals becomes increasingly critical.


MORE NEWS

EXIT Professional Real Estate Welcomes Mitch Quade as New Commercial Brokerage Specialist

November 3, 2025 - 11:32

EXIT Professional Real Estate Welcomes Mitch Quade as New Commercial Brokerage Specialist

EXIT Professional Real Estate has officially announced the addition of Mitch Quade to its team as a Commercial Brokerage Specialist. In this newly established role, Quade will also serve as Vice...

Boston Mayor Wu's Policies Face Real Estate Pushback, Yet She Maintains Voter Popularity

November 2, 2025 - 19:05

Boston Mayor Wu's Policies Face Real Estate Pushback, Yet She Maintains Voter Popularity

As Boston approaches the next election cycle, Mayor Michelle Wu`s potential second term is stirring mixed feelings within the real estate community. While her administration has garnered...

Promising REITs Set to Outshine Vanguard Real Estate ETF

November 2, 2025 - 01:18

Promising REITs Set to Outshine Vanguard Real Estate ETF

The Vanguard Real Estate Index Fund ETF Shares is widely recognized as the standard for evaluating Real Estate Investment Trusts (REITs). However, recent analysis suggests that certain REIT stocks...

New Housing Solutions Emerge in Cape and Islands

November 1, 2025 - 04:29

New Housing Solutions Emerge in Cape and Islands

Local leaders in the Cape and Islands region are proposing an innovative approach to address the ongoing housing crisis. They suggest that the booming luxury home sales in the area could be...

read all news
landingsupportour storylibrarycontacts

Copyright © 2025 Acresh.com

Founded by: Lydia Hodge

forumpoststagssuggestionsnews
user agreementcookie infodata policy