Investigators reported that the scam relied heavily on highly realistic videos created using advanced artificial intelligence tools. These videos imitated well known financial commentators and business presenters with remarkable accuracy. The videos reproduced the tone, expressions and speaking style of real experts, convincing many viewers that they were watching authentic financial advice. The deepfake videos promoted a fake investment scheme. Once viewers clicked on the advertisements, they were directed to messaging groups controlled by foreign handlers. Victims were shown fabricated dashboards and manipulated profit screenshots to create the impression of guaranteed profits. People were encouraged to deposit money into unrelated accounts and were later blocked or ignored when they asked for withdrawals.
Source: www.varindia.com