{"id":10370,"date":"2024-02-02T11:13:54","date_gmt":"2024-02-02T09:13:54","guid":{"rendered":"https:\/\/forklog.com\/en\/cybertrace-warns-of-deepfake-scams-featuring-billionaire-andrew-forrest\/"},"modified":"2024-02-02T11:13:54","modified_gmt":"2024-02-02T09:13:54","slug":"cybertrace-warns-of-deepfake-scams-featuring-billionaire-andrew-forrest","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cybertrace-warns-of-deepfake-scams-featuring-billionaire-andrew-forrest\/","title":{"rendered":"Cybertrace Warns of Deepfake Scams Featuring Billionaire Andrew Forrest"},"content":{"rendered":"<p>Deepfakes of Australian magnate Andrew &#8220;Twiggy&#8221; Forrest, promoting a fraudulent cryptocurrency trading platform, have circulated online, according to cybersecurity firm Cybertrace.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Cybertrace Investigators have identified a <a href=\"https:\/\/twitter.com\/hashtag\/deepfake?src=hash&#038;ref_src=twsrc%5Etfw\">#deepfake<\/a> video of Australian businessman Andrew Forrest. The original video was posted to the\u00a0 <a href=\"https:\/\/twitter.com\/rhodes_trust?ref_src=twsrc%5Etfw\">@rhodes_trust<\/a> YouTube Channel. <a href=\"https:\/\/twitter.com\/hashtag\/ScamAlert?src=hash&#038;ref_src=twsrc%5Etfw\">#ScamAlert<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/scam?src=hash&#038;ref_src=twsrc%5Etfw\">#scam<\/a> <a href=\"https:\/\/t.co\/4uLSD7cXWg\">https:\/\/t.co\/4uLSD7cXWg<\/a><a href=\"https:\/\/twitter.com\/FortescueFuture?ref_src=twsrc%5Etfw\">@FortescueFuture<\/a> <a href=\"https:\/\/twitter.com\/FortescueNews?ref_src=twsrc%5Etfw\">@FortescueNews<\/a><\/p>\n<p>\u2014 Cybertrace (@Cybertrace_com) <a href=\"https:\/\/twitter.com\/Cybertrace_com\/status\/1752532335873106386?ref_src=twsrc%5Etfw\">January 31, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The video was first spotted on Facebook on January 27. Scammers urged users to &#8220;immediately&#8221; download dubious software.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I want to give you the opportunity of a lifetime by joining me and my team as a partner in the world&#8217;s smartest stock and cryptocurrency trading software, where money is made regardless of market conditions,&#8221; promised the fake version of Forrest.<\/p>\n<\/blockquote>\n<p>The video concluded with the deepfake urging viewers to &#8220;sign up on the platform before it&#8217;s too late.&#8221; The recording attempts to mimic the businessman&#8217;s behavior from his <a href=\"https:\/\/www.youtube.com\/watch?v=h1Y22iC90Xo\">real speech<\/a> at Rhodes Trust in October 2023.<\/p>\n<p>Andrew Forrest is the former CEO of mining company Fortescue Metals Group. According to <a href=\"https:\/\/www.bloomberg.com\/billionaires\/profiles\/andrew-j-forrest\/\">Bloomberg<\/a>, he is one of Australia&#8217;s most successful entrepreneurs with a personal fortune of approximately $29.4 billion.<\/p>\n<p>Cybertrace CEO Dan Halpin told <a href=\"https:\/\/www.theaustralian.com.au\/nation\/andrew-forrest-deepfake-video-scam-targets-aussies\/news-story\/6c53931854a4f30d2a593615a74bade9?amp\">The Australian<\/a> that &#8220;people will be deceived by this deepfake,&#8221; as the scammers are likely trained in sales.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The video is lengthy and quite repetitive, which can be very convincing [to victims], and it appears to be created by individuals knowledgeable in marketing,&#8221; he added.<\/p>\n<\/blockquote>\n<p>Cybertrace analysts also <a href=\"https:\/\/twitter.com\/Cybertrace_com\/status\/1752533475994030480\">identified<\/a> other scam deepfakes mimicking news anchors and various celebrities.<\/p>\n<p>Earlier, Hollywood talent agency WME partnered with the Vermillio project to protect celebrities from the misuse of their AI personas. This followed a scandal involving singer Taylor Swift and her pornographic deepfakes.<\/p>\n<p>One such post on X garnered over 45 million views and hundreds of thousands of likes. The social network&#8217;s management even temporarily disabled searches for Swift&#8217;s name to address the issue.<\/p>\n<p>In January, MicroStrategy founder Michael Saylor <a href=\"https:\/\/forklog.com\/en\/news\/michael-saylor-warns-of-deepfake-scams-featuring-himself\">reported<\/a> that the company removed over 80 deepfakes featuring him, most of which promoted crypto scams.<\/p>\n<p>In October 2023, investor and billionaire Tim Draper issued a warning about cryptocurrency scammers using AI to mimic his voice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deepfakes of Australian magnate Andrew &#8220;Twiggy&#8221; Forrest, promoting a fraudulent cryptocurrency trading platform, have circulated online, according to cybersecurity firm Cybertrace. Cybertrace Investigators have identified a #deepfake video of Australian businessman Andrew Forrest. The original video was posted to the\u00a0 @rhodes_trust YouTube Channel. #ScamAlert #scam https:\/\/t.co\/4uLSD7cXWg@FortescueFuture @FortescueNews \u2014 Cybertrace (@Cybertrace_com) January 31, 2024 The video [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10369,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[438,1250,1246],"class_list":["post-10370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-artificial-intelligence","tag-deepfakes","tag-scammers"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=10370"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/10370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/10369"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=10370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=10370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=10370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}