Consumer Reports has revealed that more people are losing more money than ever before, with a total of 12 and a half billion dollars. These scams use AI technology to personalize messages and convince people to hand over money. Job scams are on the rise, costing consumers about 750 million dollars. The Federal Trade Commission reported that consumers have lost over $5 billion to investment scams. Consumer Reports recommends turning on two-factor authentication to protect your identity and avoiding scams.