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# Apate sends AI agents undercover to get scammed so they can gather fraud intelligence

**[TechCrunch](https://daily.dev/sources/tc)** · 5 min read · 0 upvotes · 0 comments

## Summary

Apate.ai, an Australian startup founded out of research at Macquarie University, deploys thousands of AI agents that pose as potential scam victims to engage fraudsters in calls, texts, emails and social media. The agents, which mimic different ages, genders, accents and languages, try to extract bank accounts, crypto wallets, phone numbers and malicious links from scammers before real victims are harmed. Customers including Commonwealth Bank of Australia and TPG Telecom use the resulting intelligence for anti-fraud efforts; the company says its agents have wasted 17 years of scammers' time across 2.5 million conversations. Apate raised $8.15 million in seed funding in August and is a finalist at TechCrunch Disrupt's Startup Battlefield 200.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/10/14/apate-sends-ai-agents-undercover-to-get-scammed-so-they-can-gather-fraud-intelligence>

## Questions this post answers

### What is Apate.ai and how does it use AI agents against scammers?

Apate.ai is an Australian startup that deploys thousands of AI agents posing as potential victims to engage scammers across calls, texts, emails, and social media, extracting details like bank accounts, crypto wallets, and phishing sites before real people get hurt. Founded in 2024 from Macquarie University research, it has logged 2.5 million scammer conversations and wasted 17 years of scammers' time, serving customers like Commonwealth Bank of Australia and TPG Telecom.

_Anyone tracking how AI is reshaping fraud prevention can follow developments like this on daily.dev._

### How much money did AI-related scams cause in losses according to FBI data?

The FBI received more than 22,000 complaints of AI-related crimes resulting in about $893 million in losses, with over $632 million coming from investment scams where fraudsters used AI to run conversations and deepfake voices or appearances of celebrities, executives, and trusted figures.

_Developers building fraud-detection or security tooling can track this kind of threat data on daily.dev._

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---

Tags: [#cyber](https://daily.dev/tags/cyber), [#startup](https://daily.dev/tags/startup), [#ai-agents](https://daily.dev/tags/ai-agents), [#fraud-detection](https://daily.dev/tags/fraud-detection)

[View this post on daily.dev](https://daily.dev/posts/apate-sends-ai-agents-undercover-to-get-scammed-so-they-can-gather-fraud-intelligence-s06gyjv8u)

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