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Alleged Deepfake Investment Scam Uses Economist David Rosenberg's Likeness on Meta Platforms

Occurred
Apr 15, 2025
Published
Jun 22, 2025
Source
AI Incident Database

Summary

Fraudsters allegedly used AI-generated content and social media ads to impersonate economist David Rosenberg and promote a fraudulent investment scheme. Victims were reportedly directed to WhatsApp groups with fake stock tips, resulting in substantial financial losses, with some exceeding $500,000. The ads reportedly appeared on Meta platforms, including Facebook and Instagram. Rosenberg and his family reported the scam to authorities.

Developers

  • Synthetic audio generation technology developers
  • Deepfake technology developers

Deployers

  • Scammers
  • Scammers impersonating David Rosenberg
  • Synthetic media creators
  • Deepfake creators

Harmed parties

  • Unnamed woman who lost $500,000
  • Unnamed man who lost $450,000
  • Syed Hasan
  • Investors
  • General public
  • David Rosenberg
  • Epistemic integrity

Tags

  • deepfake
  • impersonation
  • scam
  • fraud

Classification

Category confidence: 95%
Severity confidence: 90%

Rationale: AI-generated impersonation used for financial fraud causing substantial monetary losses.

Classifier: Qwen/Qwen3.5-35B-A3B-FP8

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