Description: Cybertrace reportedly identified an AI-generated deepfake of Australian billionaire Andrew Forrest circulating on Facebook on January 27, 2024, falsely depicting him endorsing a fraudulent crypto platform called Quantum AI. The video reportedly altered footage from a 2023 Rhodes Trust talk. Forrest reportedly condemned Meta for failing to curb AI-generated frauds.
Editor Notes: Timeline note: This incident was reportedly discovered on 01/27/2024. It was first added to the database as part of the Incident 1236 "Quantum AI" scam cluster on 10/30/2025. It was assigned its own incident ID on 11/08/2025.
Entities
View all entitiesAlleged: Unknown voice cloning technology developer and Unknown deepfake technology developer developed an AI system deployed by Unknown scammers impersonating Andrew Forrest , Unknown scammers , Unknown fraudsters and Quantum AI, which harmed Investors , General public of Australia , General public , Facebook users , Australian investors , Andrew Forrest , Epistemic integrity and Truth.
Alleged implicated AI systems: Unknown voice cloning technology developer , Unknown deepfake technology , Meta Platforms and Facebook
Incident Stats
Incident ID
1260
Report Count
1
Incident Date
2024-01-27
Editors
Daniel Atherton
Incident Reports
Reports Timeline
Loading...
A doctored clip of Australian mining magnate and businessman Andrew "Twiggy" Forrest on Facebook represents the newest addition to a series of deepfakes hijacking images of figures in deceptive advertisements, eroding trust in the media.
Cy…
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?
