Skip to content
DeepfakeHigh

Deepfake Cryptocurrency Scam Allegedly Impersonates Italian President Sergio Mattarella and Prime Minister Giorgia Meloni

Occurred
Dec 12, 2024
Published
Dec 12, 2024
Source
AI Incident Database

Summary

A deepfake scam allegedly impersonating Italian President Sergio Mattarella and Prime Minister Giorgia Meloni circulated on various platforms. It reportedly promoted a fraudulent cryptocurrency investment scheme. The deepfakes claimed the scheme was state-backed, promising €40,000 in guaranteed income. Victims were urged to invest €250, only to lose access to funds. Italy’s Consob blocked the deceptive ads and websites, marking the first enforcement of new financial fraud regulations.

Developers

  • Deepfake technology developers

Deployers

  • Unknown scammers impersonating Sergio Mattarella and Giorgia Meloni
  • Scammers

Harmed parties

  • Sergio Mattarella
  • Giorgia Meloni
  • General public of Italy

Tags

  • Deepfake fraud
  • Financial fraud
  • Scam
  • Cryptocurrency scam
  • Italy
  • Consob
  • Commissione Nazionale per le Società e la Borsa

Classification

Category confidence: 95%
Severity confidence: 90%

Rationale: Deepfake technology used to impersonate political leaders for financial fraud, triggering regulatory enforcement.

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

Visit source