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Thursday, June 6, 2024

How Scammers Use Deepfakes of Celebs to Steal Hundreds of thousands From Followers


Scammers in Australia are utilizing deepfake photographs and movies of celebrities to steal from individuals in more and more artistic methods.

The scammers use faux information articles and deepfake movies to trick individuals into believing {that a} movie star is asking them for a big sum of cash.

In one instance, scammers shared faux photographs of Robert Irwin — son of the late “Crocodile Hunter” Steve Irwin — in handcuffs, accompanied by an article titled “Is that this the tip of his profession? Robert Irwin did not know the digital camera was nonetheless recording.”

The faux article tells readers {that a} financial institution has filed a lawsuit in opposition to Irwin over feedback he made a couple of crypto buying and selling platform. It then guarantees to make readers wealthy in the event that they make investments $375 in that platform.

“We’re urging Australians to take their time and do their analysis earlier than taking on an funding alternative — significantly these seen on social media,” ACCC Deputy Chair Catriona Lowe stated in a press release.

Eye-popping funding alternatives in bogus on-line crypto buying and selling platforms, particularly ones that declare to make use of “synthetic intelligence or different rising applied sciences,” are an more and more widespread rip-off tactic, the ACCC says.

At the least one Australian man misplaced over $50,000 in cryptocurrency after registering his particulars by means of an internet type that he noticed in a deepfake interview of Elon Musk on social media, Lowe stated.

Final month, the Hong Kong Securities and Futures Fee additionally warned a couple of sham cryptocurrency change utilizing deepfake movies of Elon Musk, which additionally claimed to leverage AI in its software program.

The FTC says most scams in america begin on social media, with scammers making an attempt to get victims to pay for investments in bitcoin so their crimes cannot be traced.

“Funding scams are one of many prime methods scammers trick you into shopping for cryptocurrency and sending it on to scammers,” the FTC says. “However scammers are additionally impersonating companies, authorities businesses, and a love curiosity, amongst different ways.”

“Deepfakes” use AI to switch the likeness of an individual in a video or audio clip. One fast technique to spot a deepfake is to do a reverse picture search and examine the true supply of a picture.

One of the simplest ways to keep away from a crypto rip-off is to by no means belief somebody who will solely settle for cost in crypto or who’s promising large revenue returns on an funding, the FTC says.



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