Hong Kong police have confiscated over HK$34 million (US$3.37 million) in proceeds from a scam using artificial intelligence (AI). The investigation into romance and investment scams highlighted the use of deepfake technology to create AI-generated images of attractive women to deceive victims. The criminals employed various strategies, including pretending to be wealthy single women and engaging in conversations about learning Japanese and tasting expensive wine. The criminals targeted victims in Taiwan, Singapore, and Malaysia and aimed to recruit young individuals seeking to make money quickly. Experts emphasize the need for collaboration and swift action to combat these advanced criminal activities, but note that many local law enforcement agencies lack the necessary tools and expertise to trace stolen cryptocurrency and recover assets.



Other News from Today