Over a Dozen Reports in Days: Deepfake Economist Fuels $M Pump-and-Dump Losses
A surge in pump-and-dump scams leveraging deepfake impersonations of economist Tom Piotrowski has hit Australian retirees, with ASIC logging more than a dozen cases and millions in losses. The campaign highlights the weaponisation of generative AI and social media for social engineering attacks against vulnerable demographics.
Source: nynganobserver.com.au · goulburnpost.com.au