Deepfake Romance Scam Swindles $46M from Victims in Hong Kong

In a major AI scam, deepfake lovers tricked victims in Hong Kong into losing $46 million. Using AI-generated deepfakes, scammers manipulated their targets through romantic deceptions, creating convincing personas that led to financial exploitation. This incident highlights the growing threat of AI-driven fraud, underscoring the need for vigilance and enhanced security measures to combat such tactics.

Read more about this scam on Ars Technica here.