Quantum AI Scam Reportedly Used AI-Generated Celebrity Endorsements and Spoofed Media Sites to Solicit Investments

January 1, 2020

A global investment fraud network known as Quantum AI has reportedly used AI-generated deepfake videos, fake news sites, phishing pages, and spoofed calls to deceive victims. The scheme allegedly impersonates celebrities, news outlets, and political leaders to promote fraudulent trading platforms, leading targets to transfer money they cannot recover. Investigations suggest coordinated operations across multiple countries and platforms.
Alleged deployer
quantum-ai-scammers, quantum-ai
Alleged developer
unknown-voice-cloning-technology-developers, unknown-deepfake-technology-developers, generative-ai-companies
Alleged harmed parties
youtube-users, victims-of-impersonation-scams, victims-of-deepfake-enabled-fraud, steph-mcgovern, spencer-and-stanley, social-media-users, smithville-international, rishi-sunak, richard-branson, retail-investors, meta-users, martin-lewis, mark-carney, keir-starmer, investors, general-public, forbes, financial-services-customers, elon-musk, elderly-investors, el-universo, dw-news, domenica-in, david-beckham, daily-mirror, cryptocurrency-investors, consumers, cnn, bbc

Source

Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/1236

Data source

Incident data is from the AI Incident Database (AIID).

When citing the database as a whole, please use:

McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.

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