Deepfake Impersonation Scams of Prominent Investors Circulate on Facebook

# Deepfake Impersonation Scams of Prominent Investors Circulate on Facebook

https://gcdradar.vercel.app/incidents/deepfake-impersonation-scams-of-prominent-investors-circulat · AIR-2024-0060 · closed 2024-01-25

- Lane: Breaches & attacks
- Severity: 3 (Confirmed exploitation)
- Fix status: No fix needed
- First reported: 2024-01-11
- AI role: AI-enabled attack

## Summary

Fraudsters deployed AI deepfakes impersonating well-known investors such as Bill Ackman and Cathie Wood to promote fraudulent investment schemes on Facebook. The fraudulent ads circulated widely despite user reports and platform moderation efforts.

## What to do

No action recorded; read the sources below and the vendor's advisory.

## Latest updates

- 2024-01-11: Scams Reportedly Impersonating Wealthy Investors Proliferating on Facebook (https://incidentdatabase.ai/cite/655)

## Sources

- 2024-01-11 AI Incident Database: Scams Reportedly Impersonating Wealthy Investors Proliferating on Facebook https://incidentdatabase.ai/cite/655

Verify against the vendor's advisory before changing production. Data CC BY-SA 4.0, https://gcdradar.vercel.app.