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Home/AI Incident Database/Ottawa Couple Reportedly Loses CA$177,023 After Purported Deepfake Elon Musk Investment Scam

Ottawa Couple Reportedly Loses CA$177,023 After Purported Deepfake Elon Musk Investment Scam

A retired Ottawa couple, Doug and Victoria Lloyd, lost CA$177,023 after being lured by a purported deepfake video of Elon Musk promoting a fake investment platform. The deepfake allegedly led to prolonged social engineering, remote access to their computer, and fraudulent cryptocurrency transfers. The couple reportedly suffered major financial loss and ongoing debt. Police say recovery is unlikely.

Severity: MediumDeepfake TechnologySynthetic Audio Generation TechnologyFraud

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