New Zealand FMA Flags Deepfake Pump-and-Dump Scam Network

# New Zealand FMA Flags Deepfake Pump-and-Dump Scam Network

https://gcdradar.vercel.app/incidents/new-zealand-fma-flags-deepfake-pump-and-dump-scam-network · AIR-2025-0126 · closed 2025-09-02

- Lane: Breaches & attacks
- Severity: 4 (Confirmed real-world loss)
- Fix status: No fix needed
- First reported: 2025-08-19
- AI role: AI-enabled attack
- Products: Meta AI ads

## Summary

Scammers used deepfake videos of prominent business leaders in social media ads to lure victims into fraudulent investment groups. Investors suffered financial losses through fake stock purchases and subsequent recovery scams.

## What to do

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

## Latest updates

- 2025-08-19: New Zealand Financial Markets Authority (FMA), Te Mana Tātai Hokohoko, Reportedly Flags Purported Deepfake Pump-and-Dump Network Using Social Media Ads (https://incidentdatabase.ai/cite/1227)

## Sources

- 2025-08-19 AI Incident Database: New Zealand Financial Markets Authority (FMA), Te Mana Tātai Hokohoko, Reportedly Flags Purported Deepfake Pump-and-Dump Network Using Social Media Ads https://incidentdatabase.ai/cite/1227

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