Finance worker pays out $25 million after video call with deepfake ‘chief financial officer’
- Scammers used deepfake technology to impersonate senior executives in a multinational firm, resulting in a loss of $25 million.
- The fraudsters utilized WhatsApp, email, and video conferences to deceive Hong Kong staff members and carry out the scam.
- Authorities are investigating the incident, and no arrests have been made at this time.
44 Articles
44 Articles
A financial employee of a multinational paid the equivalent of 24 million euros to fraudsters who used deepfake technology during a...
Company worker in Hong Kong pays out £20m in deepfake video call scam
Police investigate after employee tricked into transferring money to fraudsters posing as senior officers of her firmHong Kong police have launched an investigation after an employee at an unnamed company said she was duped into paying HK$200m (£20m) of her firm’s money to fraudsters in a deepfake video conference call.The Hong Kong police force said it had received a report from a worker that she had been tricked into transferring the money by …
Horrifying deepfake tricks employee into giving away $25 million
Deepfake scams are costing millions (Picture: Getty) A finance worker in Hong Kong was tricked into paying £20 million of his company’s money to fraudsters because of an elaborate deepfake pretending to be his boss. The employee joined a video call with who he thought was the business’s chief financial officer. He was initially suspicious after a message from the CFO mentioned a ‘secret transaction’, suggesting it was a phishing scam. After join…
Fraudsters have looted more than 23 million euros in Hong Kong using a fake video conference. They obviously cleverly circumvented the weaknesses of the technology — with the “boss scam.”
This Sunday, according to the Hong Kong police, individuals swindled twenty million dollars from a multinational company by using deepfake technology to impersonate senior company executives. A deepfake is a video or audio recording made or modified using artificial intelligence.
Coverage Details
Bias Distribution
- 38% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
