AI Deepfakes Fueling Investment Scams | Sydney News

Scammers are deploying AI deepfakes of real figures like Anthony Albanese and Gina Rinehart to pitch fake investment schemes, building entire counterfeit brands with fabricated reviews and logos to fool investors. ASIC warns these scams are exploding in scale and sophistication, with 19,000 takedowns last year — and they’re harder to spot because they look shockingly real. Always verify any financial opportunity by checking for an Australian Financial Services license number via ASIC’s public register. If it’s missing or mismatched, walk away. Regulators are also pushing tech platforms to take responsibility as AI tools outpace consumer protections — vigilance is your best defense. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/690dded2e476a592