FullCrypto
Reading Time: 2 minutesHong Kong police have dismantled a scam syndicate using deepfake technology to impersonate wealthy women and target victims for cryptocurrency-related fraud The syndicate trained recruits to gain victims’ trust by discussing luxury lifestyles and convincing them to invest in fraudulent crypto schemes Authorities have intercepted over HK$34 million ($4.35 million) in funds tied to the syndicate’s illicit operations Hong Kong authorities have exposed a highly organized criminal group that used deepfake technology to lure victims into fraudulent cryptocurrency investments…
Read More
Hong Kong Police Intercept $4.3 Million Deepfake Scam
Mark Hunter
01:23
Reading Time: 2 minutesHong Kong police have dismantled a scam syndicate using deepfake technology to impersonate wealthy women and target victims for cryptocurrency-related fraud The syndicate trained recruits to gain victims’ trust by discussing luxury lifestyles and convincing them to invest in fraudulent crypto schemes Authorities have intercepted over HK$34 million ($4.35 million) in funds
