A finance employee at an unnamed major multinational corporation has been fooled into transferring $200 million Hong Kong dollars (around $25.6 million) to scammers using deepfake technology to impersonate his colleagues. The AI-created simulacra of the man’s fellow workers included a deepfake of the company’s Chief Financial Officer (CFO), and Hong Kong police say the scam took place via a video conference call (as reported by CNN).

The scammers “invited the worker to a video conference that would have many participants,” said senior superintendent Baron Chan Shun-ching to broadcaster RTHK. “Because the people in the video conference looked like the real individuals concerned, the worker made 15 transactions as instructed to five local bank accounts, which came to a total of HK$200 million. It turns out that everyone [the worker saw] was fake.”



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