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Purported Deepfake Scam Videos Depict JG Summit Holdings President and CEO Lance Gokongwei Allegedly Endorsing Illicit Investments

The Securities and Exchange Commission of the Philippines reportedly warned of deepfake scam videos and audio purportedly depicting Lance Gokongwei, President and CEO of JG Summit Holdings, endorsing fraudulent crypto and forex investments. Victims are reportedly tricked into entering credit card details and OTPs on a platform allegedly based in Cyprus.

Date it happened
2025-07-11
Organisation involved
Unknown scammers impersonating Lance Gokongwei, Scammers
Product, system or model
Deepfake technology, Synthetic audio generation technology developers
Where this came from
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Attribution

This incident was imported from AI Incident Database and is used under CC BY-SA 4.0. Our additions to it — the structured fields, the translation, the checks against other reports — are published under the same licence.

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.