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May 12, 20251 report

Purported AI-Manipulated Videos of Cypriot Officials Circulated in Alleged Investment Fraud

Citizens in Cyprus reported being targeted by an alleged investment scam involving purported AI-manipulated videos that appeared to depict government officials endorsing financial platforms. The Cyprus Consumers Association stated that several individuals suffered significant financial losses after being misled by the videos, which circulated via social media and messaging apps. Authorities are investigating, and the association has warned of potential cross-border spread of the scheme.

Deployers
Unknown scammers
Developers
Unknown deepfake technology developers

Reports