The Judiciary Police (PJ) issued a statement yesterday regarding the discovery on Tuesday that fraudsters had used “deepfake” technology for fraudulent activities to create a video purportedly showing Chief Executive Sam Hou Fai.
According to the statement, scammers had uploaded a video to social media platforms containing falsified footage of Sam attending a public event.
The statement pointed out that the fraudsters used AI deepfake technology to create the counterfeit video which fraudulently portrayed Sam as endorsing an online investment scheme in an attempt to deceive the public into accessing a fake investment platform.
PJ said in the statement that as of yesterday, the Judiciary Police had not received any reports of citizens falling victim to the scam.
The statement said that this type of investment scam has been proliferating across various countries and regions in recent years. Fraudsters typically fabricate interview videos featuring local officials or celebrities endorsing high-return investment schemes. Initially luring victims with small profit payouts to establish credibility, the scammers ultimately coerce them into increasing their investments, resulting in substantial financial losses.
This handout photo provided by the Judiciary Police (PJ) yesterday shows con artists using deepfake AI technology to create a fake video of Chief Executive Sam Hou Fai to defraud social media users.
