Reported AI-Generated Deepfake Videos Impersonating Elon Musk and Dragon’s Den Allegedly Used in Cryptocurrency Investment Scam Targeting Canadian Victims
Two Canadian investors in Ontario and Prince Edward Island reportedly lost a combined $2.3 million after being deceived by purportedly AI-generated deepfake videos impersonating Elon Musk and the television program Dragon's Den. The reported videos and fabricated online dashboards allegedly persuaded the victims to transfer funds into a fraudulent cryptocurrency investment scheme that displayed fake profits and blocked withdrawals.
- Date it happened
- 2025-12-21
- Organisation involved
- Scammers impersonating Elon Musk, Scammers
- Product, system or model
- Deepfake technology, Synthetic audio generation technology
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