The Consumer Affairs Agency is turning to artificial intelligence in its efforts to combat investment fraud. This technology will be used to identify schemes that share similar patterns with past fraud cases. It will also be used to detect malicious business operators.

The goal of using this technology is to enable quicker intervention in such cases. By finding schemes with similar patterns to past fraud, the agency hopes to stop fraudulent activities sooner.

Further details on this initiative are available from the source, which provides more information on the agency's plans to utilize artificial intelligence in the fight against investment fraud.