Hong Kong Crime Ring Used AI-Driven Deepfakes to Steal $4.3 Million; 31 Scammers Arrested

Jan 5, 2025, 01:04 PM

Hong Kong authorities have dismantled a crime ring that used deepfake technology and dating apps to defraud victims of approximately $4.3 million. The operation involved 31 individuals who created AI-driven personas to pose as wealthy single women, luring victims into romance and investment scams. The scammers utilized luxury images associated with cryptocurrency events to establish credibility before pushing fraudulent schemes. This operation highlights the growing intersection of technology and criminal activity in the region.