Description: A report by ABC News Australia describes how scammers allegedly used AI tools to create detailed fake websites for two fabricated companies, APPC Capital Singapore and Thackeray Mines and Minerals Inc., as part of an investment scam. A pseudonymous Australian fraud analyst ("Leon") was reportedly targeted. Experts cited in the article warn that AI lowers the barrier for generating convincing scams that can deceive even experienced analysts.
Entities
View all entitiesAlleged: Unknown generative AI developers and Unspecified generative AI developers developed an AI system deployed by Unknown scammers , Unknown fraudsters , Unknown cybercriminals , APPC Capital Singapore and Thackeray Mines and Minerals Inc., which harmed "Leon" (pseudonymous Australian fraud analyst) , General public of Australia and General public.
Alleged implicated AI systems: Generative image models , AI-assisted website generation tools , Language models used to fabricate bios and documents and Possibly AI-generated financial data visualization tools
Incident Stats
Incident ID
1047
Report Count
1
Incident Date
2025-04-27
Editors
Daniel Atherton
Incident Reports
Reports Timeline
Leon knows a scam when he sees it --- he's a fraud and data analyst who has previously worked for financial institutions.
But even he was left second-guessing when he was contacted by scammers who he believes used artificial intelligence to…
Variants
A "variant" is an AI incident similar to a known case—it has the same causes, harms, and AI system. Instead of listing it separately, we group it under the first reported incident. Unlike other incidents, variants do not need to have been reported outside the AIID. Learn more from the research paper.
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