DeepfakeHigh
Scammers Reportedly Using Deepfake Video Calls to Impersonate Executives in Singapore and Orchestrate Corporate Bank Transfers
- Occurred
- Mar 13, 2025
- Published
- Mar 13, 2025
- Source
- AI Incident Database
Summary
Scammers in Singapore are reportedly using AI-generated deepfake video calls to impersonate corporate executives. The calls seek to deceive employees into authorizing fraudulent bank transfers. Usually, it is reported, victims will receive WhatsApp messages inviting them to Zoom meetings. During the calls, the scammers are disguised as senior leaders and will instruct the employees to transfer company funds for fake business transactions and to disclose personal data.
Developers
- Deepfake technology developers
Deployers
- Scammers impersonating Singaporean executives
- Scammers
Harmed parties
- Executives in Singapore
- Employees in Singapore
- General public of Singapore
- Companies in Singapore
Tags
- Financial fraud
- Fraudulent corporate bank transfer
- Impersonation
- Impersonation of executives
- Targeted employees
- Singapore
- Singapore Police Force
- Monetary Authority of Singapore
- Cyber Security Agency of Singapore
Classification
Category confidence: 95%
Severity confidence: 90%
Rationale: Deepfake video calls used to impersonate executives and orchestrate fraudulent bank transfers constitute a significant financial fraud incident.
Classifier: Qwen/Qwen3.5-35B-A3B-FP8