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Alleged Deepfake Scam Reportedly Promoted Trump Golden Eagles Project as Investment Opportunity

Occurred
Feb 1, 2025
Published
Feb 1, 2025
Source
AI Incident Database

Summary

Reports surfaced of a purportedly AI-generated scam falsely promoting the Trump Golden Eagles Project. The purported deepfake videos of Donald Trump, Bank of America CEO Brian Moynihan, and Elon Musk are alleged to have claimed that buyers could trade collectible coins for cash or Tesla stock. A Bay Area veteran reportedly lost $2,500 believing he would earn millions. The scam reportedly circulated via Telegram, and Bank of America denied any involvement.

Developers

  • Deepfake technology developers
  • Synthetic media generation technology developers
  • Synthetic audio generation technology developers

Deployers

  • Unknown scammers behind the Trump Golden Eagles scam
  • Scammers
  • Telegram-based financial scam network
  • Investment scam operators

Harmed parties

  • Wesley Skelton
  • Tesla
  • SpaceX
  • Public trust in financial institutions
  • General public of the United States
  • General public
  • Epistemic integrity
  • Elon Musk
  • Donald Trump
  • Brian Moynihan
  • Bay Area residents targeted by Trump Golden Eagles scam
  • Bank of America

Tags

  • Deepfake investment scam
  • AI-generated financial fraud
  • Fake Trump cryptocurrency scam
  • AI voice cloning fraud
  • Telegram scams
  • Impersonation fraud using AI
  • Financial misinformation

Classification

Category confidence: 95%
Severity confidence: 90%

Rationale: Incident involves AI-generated deepfake videos used in a financial scam causing individual financial loss.

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

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