Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’

RoiBox

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Apr 4, 2009
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A finance worker at a multinational firm was tricked into paying out $25 million to fraudsters using deepfake technology to pose as the company’s chief financial officer in a video conference call, according to Hong Kong police.

The elaborate scam saw the worker duped into attending a video call with what he thought were several other members of staff, but all of whom were in fact deepfake recreations, Hong Kong police said at a briefing on Friday.

“(In the) multi-person video conference, it turns out that everyone [he saw] was fake,” senior superintendent Baron Chan Shun-ching told the city’s public broadcaster RTHK.

https://edition.cnn.com/2024/02/04/asia/deepfake-cfo-scam-hong-kong-intl-hnk/
 
this will only get worse. i fully expect this to be done to pump & dump stocks too. it's already starting.. beware!

https://finance.yahoo.com/news/world-longest-serving-central-bank-142108827.html
 
Sounds great idea
 
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