Scammers Reportedly Using Deepfake Video Calls to Impersonate Executives in Singapore and Orchestrate Corporate Bank Transfers

Scammers in Singapore are reportedly using AI-generated deepfake video calls to impersonate corporate executives. The calls seek to deceive employees into authorizing fraudulent bank transfers. Usually, it is reported, victims will receive WhatsApp messages inviting them to Zoom meetings. During the calls, the scammers are disguised as senior leaders and will instruct the employees to transfer company funds for fake business transactions and to disclose personal data.