The Economic Times

Scammers now don't want your money or password, they just want...: Financial advisor warns of new fraud that can drain your finances in 30 minutes

A viral social media warning claims scammers are approaching people in public places for help with their phones and using the interaction to steal biometric information. The post alleges that AI-generated identities could then be used to obtain loans within 30 minutes. However, the specific claims about instantly stealing fingerprints, faces and voices through such an interaction remain unverified.