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 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
Risk Subdomain
A further 23 subdomains create an accessible and understandable classification of hazards and harms associated with AI
4.3. Fraud, scams, and targeted manipulation
Risk Domain
The Domain Taxonomy of AI Risks classifies risks into seven AI risk domains: (1) Discrimination & toxicity, (2) Privacy & security, (3) Misinformation, (4) Malicious actors & misuse, (5) Human-computer interaction, (6) Socioeconomic & environmental harms, and (7) AI system safety, failures & limitations.
- Malicious Actors & Misuse
Entity
Which, if any, entity is presented as the main cause of the risk
AI
Timing
The stage in the AI lifecycle at which the risk is presented as occurring
Post-deployment
Intent
Whether the risk is presented as occurring as an expected or unexpected outcome from pursuing a goal
Intentional
Incident Reports
Reports Timeline
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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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