Scams Reportedly Impersonating Wealthy Investors Proliferating on Facebook
January 11, 2024
Scams are reportedly proliferating throughout Facebook impersonating wealthy individuals such as Bill Ackman, Cathie Wood, Steve Cohen, Peter Lynch, and Ray Dalio. In some cases, it seems deepfake technology is being employed, while simultaneously Facebook's own AI systems are allegedly faltering in their ability to halt the spread of these fraudulent ads despite being reported.
- Alleged deployer
- meta, facebook, scammers
- Alleged developer
- meta, facebook
- Alleged harmed parties
- investors, general-public, bill-ackman, cathie-wood, steve-cohen, peter-lynch, ray-dalio, peter-bourget
Source
Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/655
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.
Pre-print on arXiv · Database snapshots & citation guide
We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.