Tag Archives: Hong Kong

“Record-breaking Deepfake Deception: Fictitious Zoom Gathering, CFO Replicated, $25 Million Pilfered”

Multi-Million Dollar Scam Unveiled: Deepfake Technology Used to Swindle Hong Kong Company

In a chilling demonstration of the capabilities of deepfake technology, a multinational company in Hong Kong has fallen prey to a sophisticated scam amounting to a staggering $25.6 million (over β‚Ή200 crore). Hong Kong police have revealed that the perpetrators orchestrated the entire fraud through the ingenious manipulation of video conferencing, utilizing deepfake technology to create convincing replicas of company personnel.

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