Hong Kong scammers defrauded victims of over $46 million with the use of deepfake AI

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Published (Updated) on Tuesday, October 15, 2024

TECH NEWS — Authorities in Hong Kong arrested more than two dozen members of an alleged scam ring that targeted men from Taiwan, Singapore, and as far as India, they announced Monday, according to a report..

With the use of deepfake AI, the scammers defrauded victims of over $46 million. “Deepfakes” are artificially manipulated audiovisual material, mainly produced using an AI to create a false video of an event that never happened.

Although fake, they can look very persuasive. They are often produced to imitate or mimic an individual and are increasingly being used to spread disinformation and facilitate online scams... jpost.com

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