Deepfake Deception: Chinese Scammer Tricks Man Out of Rs 5 Crore Using AI Technology
In a startling turn of events that has raised serious concerns regarding the malevolent applications of artificial intelligence (AI), a fraudster has successfully conned a man out of a staggering sum exceeding Rs 5 crore by exploiting an advanced form of AI known as 'deep fake' technology. Deepfakes, which entail the creation of fake images and videos utilizing AI algorithms, have become a growing cause for alarm due to their ability to propagate misinformation and deceive unsuspecting individuals. According to a recent report by Reuters, the scammer employed AI-driven face-swapping technology to impersonate the victim's close friend. Posing as this friend, the perpetrator initiated a video call with the victim, urgently pleading for a money transfer amounting to 4.3 million yuan. Believing that his friend was in desperate need of funds during a crucial bidding process, the unsuspecting victim transferred the requested amount. Also Read: Kashmiri Brother-in-Law could not