Over 400 Purportedly AI-Driven Scams Reportedly Led to $8M Loss for Australians in 2023
In 2023, Australians reportedly lost over $8 million to scams involving purported deepfake videos and fake news articles that falsely endorsed investment trading platforms. Scammers reportedly used AI-generated content featuring celebrities to mislead victims, leading to significant financial losses. The National Anti-Scam Centre received over 400 reports of these incidents. One man is reported to have lost over $80,000 in cryptocurrency.
- Date it happened
- 2024-03-01
- Organisation involved
- Scammers
- Product, system or model
- Unknown generative AI systems, Deepfake technology, Synthetic audio generation technology
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This is a record of what was reported, not a finding that anyone broke the law. If it names your organisation and you believe it is wrong, the corrections process is free and open to everyone.