Entities
Global victims targeted by scams
Incidents Harmed By
Incident 10172 Report
Alleged Deepfake Investment Scam in Spain Defrauds 208 Victims of €19 million ($20.9 million)
2025-04-07
Spanish police arrested six individuals allegedly behind a €19M ($20.9M) global investment scam powered by AI. The operation used deepfake ads featuring national celebrities to deceive victims, many of whom were selected through targeting algorithms. Scammers posed as financial advisors and fake officials, cycling through romance baiting, investment fraud, and recovery scams. AI-generated content amplified trust and engagement.
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Related Entities
Other entities that are related to the same incident. For example, if the developer of an incident is this entity but the deployer is another entity, they are marked as related entities.