Deepfake Anthony Albanese used in celebrity scams duping Australians out of $7.4m, Asic warns

Australia's corporate watchdog (ASIC) has warned of a dramatic surge in deepfake scams targeting Australians, with Prime Minister Anthony Albanese being the most frequently impersonated figure. Scammers are using AI-generated deepfake videos of celebrities and politicians to lure victims into fraudulent investment schemes, resulting in losses of $7.4 million. This represents a significant new threat in the evolving landscape of online fraud and financial crime.