The latest genAI scam: fake expense receipts
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The latest genAI scam: fake expense receipts
"Businesses around the world have seen a surge in fake expense receipts created using AI-powered image generators from OpenAI and Google, among others, according to the Financial Times."
"The generative AI (genAI) tools make it possible to create extremely realistic fake receipts in just a few seconds without any specialized knowledge."
"The financial management platform AppZen reported that around 14% of fake receipts in September 2025 were AI-generated, compared to none at all last year."
"Fintech company Ramp says its software detected more than $1 million dollars worth of fake invoices in just three months."
Businesses worldwide face a surge in fake expense receipts generated by AI-powered image tools from OpenAI, Google, and others. Generative AI tools enable creation of extremely realistic fake receipts within seconds without specialized knowledge. AppZen reported that about 14% of fake receipts in September 2025 were AI-generated, up from none the previous year. Ramp detected more than $1 million worth of fake invoices in a three-month period. Detection software has begun identifying AI-created fakes, and the rapid emergence of these receipts has increased the workload for corporate financial controls and verification processes.
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