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Hong Kong police bust syndicate using AI deepfakes for romance crypto scams
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Hong Kong police bust syndicate using AI deepfakes for romance crypto scams

DATE POSTED:January 7, 2025
ReadWriteWeb
Original article
A dark and moody illustration of a hacker disguised as a beautiful woman online, seated in a dimly lit room with multiple computer screens. The screens display a glamorous female avatar used for deception. Cryptocurrency symbols, such as Bitcoin and Ethereum, glow as they appear to float out of a computer screen, symbolizing stolen funds. The hacker's face is obscured in shadow, emphasizing anonymity, while the background features faint city lights visible through a window, adding a sense of urban intrigue. Hong Kong police bust syndicate using AI deepfakes for romance crypto scams

Hong Kong police have reportedly busted a syndicate using deepfake images of attractive women to pull off romance and investment scams. According to the South China Morning Post (SCMP), the group operated out of offices in Kowloon’s industrial district and targeted victims in Taiwan, Singapore, and Malaysia.

The alleged group managed to rake in over HK$34 million (US$4.37 million) in fraudulent gains. Acting Chief Superintendent Kung Hing-fun revealed the syndicate had been active in Hong Kong for three months but operated overseas for over a year.

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ReadWriteWeb
Original article
Newswire > Hong Kong police bust syndicate using AI deepfakes for romance crypto scams

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