tldr; Hong Kong police uncovered a $43 million deepfake crypto romance scam, leading to the arrest of 27 individuals, including university graduates. The scammers used AI to create fake attractive characters, targeting victims across Asia. They operated from an industrial unit in Hung Hom, using deepfake technology to swap faces during video calls. The group recruited digital media graduates to develop fake trading platforms. Victims were lured into investing in cryptocurrency through forged trading records. Police seized equipment and cash during the raid.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Lillica_Golden_SHIB on
Nice to see a gang of scammers being arrested, hoping they receive what they deserve
2 Comments
tldr; Hong Kong police uncovered a $43 million deepfake crypto romance scam, leading to the arrest of 27 individuals, including university graduates. The scammers used AI to create fake attractive characters, targeting victims across Asia. They operated from an industrial unit in Hung Hom, using deepfake technology to swap faces during video calls. The group recruited digital media graduates to develop fake trading platforms. Victims were lured into investing in cryptocurrency through forged trading records. Police seized equipment and cash during the raid.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Nice to see a gang of scammers being arrested, hoping they receive what they deserve