Scammers Allegedly Manipulate 2023 Speech of Singapore Senior Minister Lee Hsien Loong to Spread Deepfake Investment Fraud

A new deepfake video falsely showed Prime Minister Lee Hsien Loong endorsing an investment product with guaranteed returns. Scammers synchronized fake audio with real footage from his 2023 National Day speech, making it appear as though he had made the endorsement. Lee called this “extremely worrying” and warned that deepfake scams are becoming more sophisticated. He urged the public to report such scams through the government’s ScamShield Bot.