Deepfakes of Elon Musk and Dragons Den Defraud Canadian Investors of $2.3 Million

# Deepfakes of Elon Musk and Dragons Den Defraud Canadian Investors of $2.3 Million

https://gcdradar.vercel.app/incidents/deepfakes-of-elon-musk-and-dragons-den-defraud-canadian-inve · AIR-2025-0188 · closed 2026-01-04

- Lane: Breaches & attacks
- Severity: 4 (Confirmed real-world loss)
- Fix status: No fix needed
- First reported: 2025-12-21
- AI role: AI-enabled attack

## Summary

Fraudsters deployed synthetic deepfake videos of Elon Musk and the show Dragons Den alongside fake trading portals to lure investors. Two Canadian victims lost a combined $2.3 million after their funds were stolen.

## What to do

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

## Latest updates

- 2025-12-21: Reported AI-Generated Deepfake Videos Impersonating Elon Musk and Dragon’s Den Allegedly Used in Cryptocurrency Investment Scam Targeting Canadian Victims (https://incidentdatabase.ai/cite/1325)

## Sources

- 2025-12-21 AI Incident Database: Reported AI-Generated Deepfake Videos Impersonating Elon Musk and Dragon’s Den Allegedly Used in Cryptocurrency Investment Scam Targeting Canadian Victims https://incidentdatabase.ai/cite/1325

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