Purportedly AI-Generated Deepfake Investment Ads Defrauded 5,000 Swedish Investors of 500 Million SEK
At least 5,000 Swedish investors were reportedly defrauded of around 500 million SEK (~$52.5 million USD) in 2025 through purportedly AI-generated deepfake investment ads circulated on Meta platforms. Fraudsters allegedly used fabricated videos and profiles of well-known finance figures such as journalist Gabriel Mellqvist and investor Günter Mårder to promote false stock tips in pump-and-dump schemes.
- Date it happened
- 2025-10-24
- Organisation involved
- Pump-and-dump scammers, Scammers impersonating Gabriel Mellqvist, Scammers impersonating Günter Mårder, Scammers
- Product, system or model
- Social media, Meta, Deepfake technology, Synthetic audio generation technology
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