Skip to Content
logologo
AI Incident Database
Open TwitterOpen RSS FeedOpen FacebookOpen LinkedInOpen GitHub
Open Menu
Discover
Submit
  • Welcome to the AIID
  • Discover Incidents
  • Spatial View
  • Table View
  • List view
  • Entities
  • Taxonomies
  • Submit Incident Reports
  • Submission Leaderboard
  • Blog
  • AI News Digest
  • Risk Checklists
  • Random Incident
  • Sign Up
Collapse
Discover
Submit
  • Welcome to the AIID
  • Discover Incidents
  • Spatial View
  • Table View
  • List view
  • Entities
  • Taxonomies
  • Submit Incident Reports
  • Submission Leaderboard
  • Blog
  • AI News Digest
  • Risk Checklists
  • Random Incident
  • Sign Up
Collapse

Incident 1113: Financial Times Journalist Martin Wolf Reports AI-Generated Investment Scam Using His Likeness on Instagram and Facebook

Description: Beginning in March 2025, purported deepfakes impersonating Financial Times columnist Martin Wolf were distributed via ads on Facebook and Instagram, promoting an alleged fraudulent investment group. Despite repeated takedowns, the ads have reportedly persisted under new accounts. Meta data reportedly showed at least 1,700 ads reached over 970,000 users in the EU alone. The impersonations allegedly used AI-generated visuals and voice clones to mimic Wolf's likeness and mislead users.

Tools

New ReportNew ReportNew ResponseNew ResponseDiscoverDiscoverView HistoryView History

Entities

View all entities
Alleged: Unknown deepfake technology developer and Unknown voice cloning technology developer developed an AI system deployed by Unknown scammers , Unknown fraudsters and Unknown scammers impersonating Martin Wolf, which harmed Martin Wolf , Financial Times and General public.
Alleged implicated AI systems: Instagram , Facebook , Unknown deepfake technology and Unknown voice cloning technology

Incident Stats

Incident ID
1113
Report Count
2
Incident Date
2025-03-09
Editors
Daniel Atherton

Incident Reports

Reports Timeline

Incident OccurrencePlaying ‘whack-a-mole’ with Meta over my fraudulent avatarsScammers are impersonating finance experts to steal millions – and the real ones are struggling to stop it
Playing ‘whack-a-mole’ with Meta over my fraudulent avatars

Playing ‘whack-a-mole’ with Meta over my fraudulent avatars

ft.com

Scammers are impersonating finance experts to steal millions – and the real ones are struggling to stop it

Scammers are impersonating finance experts to steal millions – and the real ones are struggling to stop it

theglobeandmail.com

Playing ‘whack-a-mole’ with Meta over my fraudulent avatars
ft.com · 2025

I have an alter ego or, as it is now known on the internet, an avatar. My avatar looks like me and sounds at least a bit like me. He pops up constantly on Facebook and Instagram. Colleagues who understand social media far better than I do h…

Scammers are impersonating finance experts to steal millions – and the real ones are struggling to stop it
theglobeandmail.com · 2025

Last week, Bank of Montreal chief investment strategist Brian Belski became the latest finance heavyweight to warn his social-media followers about imposters posing as him to scam investors.

Mr. Belski alluded to bogus Instagram and Faceboo…

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.
Seen something similar?

Similar Incidents

By textual similarity

Did our AI mess up? Flag the unrelated incidents

Employee Automatically Terminated by Computer Program

Employee Automatically Terminated by Computer Program

Oct 2014 · 20 reports
Amazon Alexa Plays Loud Music when Owner is Away

Amazon Alexa Plays Loud Music when Owner is Away

Nov 2017 · 4 reports
The DAO Hack

The DAO Hack

Jun 2016 · 24 reports
Previous IncidentNext Incident

Similar Incidents

By textual similarity

Did our AI mess up? Flag the unrelated incidents

Employee Automatically Terminated by Computer Program

Employee Automatically Terminated by Computer Program

Oct 2014 · 20 reports
Amazon Alexa Plays Loud Music when Owner is Away

Amazon Alexa Plays Loud Music when Owner is Away

Nov 2017 · 4 reports
The DAO Hack

The DAO Hack

Jun 2016 · 24 reports

Research

  • Defining an “AI Incident”
  • Defining an “AI Incident Response”
  • Database Roadmap
  • Related Work
  • Download Complete Database

Project and Community

  • About
  • Contact and Follow
  • Apps and Summaries
  • Editor’s Guide

Incidents

  • All Incidents in List Form
  • Flagged Incidents
  • Submission Queue
  • Classifications View
  • Taxonomies

2024 - AI Incident Database

  • Terms of use
  • Privacy Policy
  • Open twitterOpen githubOpen rssOpen facebookOpen linkedin
  • 69ff178