Description: In 2023, Australians lost over $8 million to scams involving deepfake videos and fake news articles that falsely endorsed investment trading platforms. Scammers used AI-generated content featuring celebrities to mislead victims, leading to significant financial losses. The National Anti-Scam Centre received over 400 reports of these incidents. One man is reported to have lost over $80,000 in cryptocurrency.
Entities
View all entitiesAlleged: Unknown scammers and Unknown deepfake creators developed an AI system deployed by Unknown scammers, which harmed Australian general public.
Incident Stats
Incident ID
715
Report Count
1
Incident Date
2024-03-01
Editors
Daniel Atherton
Applied Taxonomies
Incident Reports
Reports Timeline
theguardian.com · 2024
- View the original report at its source
- View the report at the Internet Archive
The federal government has warned consumers to beware of fake news articles and deepfake videos that endorse online investment trading platform scams, saying they cost Australians more than $8m last year.
The National Anti-Scam Centre said …
Variants
A "variant" is an incident that shares the same causative factors, produces similar harms, and involves the same intelligent systems as a known AI incident. Rather than index variants as entirely separate incidents, we list variations of incidents under the first similar incident submitted to the database. Unlike other submission types to the incident database, variants are not required to have reporting in evidence external to the Incident Database. Learn more from the research paper.