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AI Incident Database·Indexed by this site · Originally published

Northern Ireland victim defrauded of £250,000 by AI-faked celebrity investment video

Victim loses £250k after scammers use AI video of 'well-known' celebrity

AI summary

A victim in Northern Ireland was defrauded of £250,000 after seeing an investment advertisement video suspected to be AI-generated, featuring a well-known figure from the financial world. PSNI called it a "sophisticated and high-value fraud," where the scammers first had the victim make small investments, then via WhatsApp induced them to open multiple accounts, grant remote computer access, and borrow money for additional investments, with funds transferred to accounts controlled by criminals.

Read originalbbc.com