Sources
Incident summary from the AI Incident Database, used under CC BY-SA 4.0.
An alleged fraudulent online platform presented as the "Bank of Cyprus Trading AI Platform" was promoted using reportedly fabricated media, including a video that appeared to depict the Bank's CEO endorsing the service. The video reportedly used misleading branding, including the BBC logo, and promised unrealistic investment returns. The Bank of Cyprus publicly denied any affiliation and warned customers about the use of AI-generated content in the scam.
Incident summary from the AI Incident Database, used under CC BY-SA 4.0.
Spot an error, or know a record we should add? Members can propose additions and submit corrections.