Sources
Incident summary from the AI Incident Database, used under CC BY-SA 4.0.
Home/AI Incident Database/Reported AI-Generated Deepfake Videos Impersonating Elon Musk and Dragon’s Den Allegedly Used in Cryptocurrency Investment Scam Targeting Canadian Victims
Reported AI-Generated Deepfake Videos Impersonating Elon Musk and Dragon’s Den Allegedly Used in Cryptocurrency Investment Scam Targeting Canadian Victims
Two Canadian investors in Ontario and Prince Edward Island reportedly lost a combined $2.3 million after being deceived by purportedly AI-generated deepfake videos impersonating Elon Musk and the television program Dragon's Den. The reported videos and fabricated online dashboards allegedly persuaded the victims to transfer funds into a fraudulent cryptocurrency investment scheme that displayed fake profits and blocked withdrawals.
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