Alleged Deepfake Investment Scam Uses Economist David Rosenberg's Likeness on Meta Platforms

Fraudsters allegedly used AI-generated content and social media ads to impersonate economist David Rosenberg and promote a fraudulent investment scheme. Victims were reportedly directed to WhatsApp groups with fake stock tips, resulting in substantial financial losses, with some exceeding $500,000. The ads reportedly appeared on Meta platforms, including Facebook and Instagram. Rosenberg and his family reported the scam to authorities.