Treasury department leans on Ai to fight fraud

(CNN)– The government has a new weapon designed to catch bad guys trying to steal from taxpayers.

The crackdown is powered by artificial intelligence.

It looks for unusual transaction patterns to stop check fraud.

U.S. Treasury Department officials say they’ve recovered $375 million in fiscal year 2023 alone.

Officials say the focus on Ai has led to multiple active cases and arrests.

Their goal is to alert banks before fraudulent checks are ever cashed.

According to the treasury department, check fraud has surged 385% since the pandemic.