Zhejiang police dismantled an AI fraud ring in Changsha, arresting 30 suspects for deceiving over 1,000 victims out of more than 10 million yuan in two months. The gang used AI voice systems to make 200,000 daily calls, targeting financially vulnerable individuals with fake loan offers. Victims were tricked into transferring funds under the guise of unlocking credit limits or retrieving legitimate refunds. Police froze over 1 million yuan and seized 100 crime tools, highlighting how AI lowers fraud costs and increases hidden risks.