The government revealed that a fraudster in China used artificial intelligence to disguise as a businessman’s reliable friend and convinced him to part with millions of yuan. Continue Full Reading>>>
Guo, the victim, got a video call in April from someone who looked and sounded like one of his close friends, not knowing that the caller was a scam artist using AI technology to change their face and voice.
According to a local newspaper, the scammer was disguised as the victim’s good friend and committed the act.
The scammer persuaded the victim to transfer 4.3 million yuan, about $609,ooo after the fraudster said another friend needed the funds from a company bank account to pay the guarantee on a public tender. Continue Full Reading>>>
The fraudster then asked for the victim’s bank account number and claimed an equivalent sum had been transferred to that account and sent him a screenshot of a fake payment record.
Guo proceeded to send two payments from his company account to the requested amount without checking if he received the amount.
Guo said he lowered his guard when he verified that the person calling him was his friend.
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