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Incident 920: Deepfake Scam Falsely Promoted Trump Golden Eagles Project as Investment Opportunity

Description: Reports surfaced of an AI-generated scam falsely promoting the Trump Golden Eagles Project. Deepfake videos of Donald Trump, Bank of America CEO Brian Moynihan, and Elon Musk allegedly claimed that buyers could trade collectible coins for cash or Tesla stock. A Bay Area veteran lost $2,500, reportedly believing he would earn millions. The scam circulated via Telegram, and Bank of America denied any involvement.

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Alleged: Unknown deepfake technology developers and Unknown AI voice cloning developers developed an AI system deployed by Unknown scammers behind the Trump Golden Eagles scam , Fraudulent investment scheme operators and Telegram-based financial scam network, which harmed Wesley Skelton , Bay Area residents targeted by Trump Golden Eagles scam , Public trust in financial institutions , Bank of America , Tesla , SpaceX , Donald Trump , Brian Moynihan and Elon Musk.
Alleged implicated AI systems: Unknown deepfake generation tools , Unknown AI voice cloning tools and Telegram messaging platform

Incident Stats

Incident ID
920
Report Count
1
Incident Date
2025-02-01
Editors
Daniel Atherton

Incident Reports

Reports Timeline

+1
Bay Area victim duped by AI-generated Trump gold investment scam: Here's what to know
Bay Area victim duped by AI-generated Trump gold investment scam: Here's what to know

Bay Area victim duped by AI-generated Trump gold investment scam: Here's what to know

abc7news.com

Bay Area victim duped by AI-generated Trump gold investment scam: Here's what to know
abc7news.com · 2025

PITTSBURG, Calif. (KGO) -- Promises to get rich quick have left some unsuspecting victims out thousands when they thought they'd be "Trump-made millionaires." They were duped by what appears to be AI videos of the President, Bank of America…

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.

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