Alleged AI-Generated Scam Uses Bank of Cyprus Branding to Solicit Investments
An alleged fraudulent online platform presented as the "Bank of Cyprus Trading AI Platform" was promoted using reportedly fabricated media, including a video that appeared to depict the Bank's CEO endorsing the service. The video reportedly used misleading branding, including the BBC logo, and promised unrealistic investment returns. The Bank of Cyprus publicly denied any affiliation and warned customers about the use of AI-generated content in the scam.
- Date it happened
- 2024-11-14
- Organisation involved
- Unidentified scam network, Scammers
- Product, system or model
- WhatsApp, Social media platforms, Deepfake technology, Synthetic audio generation technology
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