AI-generated video of Donald Trump becomes new tool for cyber-fraud

AI-generated video of US President Donald Trump has been used to dupe a lawyer in Indian state of Karnataka. The 38-year-old advocate was duped by cybercriminals who allegedly lured him into investing in a Trump Hotel rentals scheme using an AI-generated video of US President Donald Trump promising high returns, police said on Monday, as per a report.

The issue came to light on May 6, when the victim approached the Haveri Central Crime Police Station with his complaint, the authorities have stated. In his statement, the advocate said that in January this year, he came across a video on YouTube offering an investment opportunity in "Donald Trump Hotel Rentals", Indian news agency PTI reported.

When the advocate clicked the link, he was directed to download a mobile application. He was then asked to fill out a form, which included submitting his bank account details and IFSC code. According to the police, the victim followed the instructions and paid Rs 1,500 to activate his account. He was promised a 3 per cent daily return on his investment.


Initially, he received returns and made profits on his investments. Trusting the scheme, he invested more money when asked by the fraudsters, hoping to double his earnings. In total, he deposited Indian Rupees 5,93,240 to various bank accounts, UPI IDs, and digital wallets between January 25 and April 4.

However, he stopped receiving returns and was unable to recover the invested amount. A case has been registered under the IT Act and Section 318(4) (cheating) of the Bharatiya Nyaya Sanhita (new criminal law in India), police said.

FAQs

Q1. What is full form of AI?
A1. Full form of AI is Artificial Intelligence.

Q2. Who is President of USA?
A2. President of USA is Donald Trump.