AI scams

US Man Charged In Historic AI Music Fraud Case: Used Thousands Of Bots To Stream Fake Songs, Raked In $10M In Royalties

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US Man Charged In Historic AI Music Fraud Case: Used Thousands Of Bots To Stream Fake Songs, Raked In M In Royalties

An American musician is accused of illegally using AI tools and thousands of bots to generate billions of song streams, leading to millions of dollars in unmerited royalties. Michael Smith, a North Carolina resident, is facing three charges: wire fraud, wire fraud conspiracy, and money laundering conspiracy. Prosecutors claim they have never encountered a criminal … Read more

UK Engineering Firm Behind ‘Sydney Opera House’ Loses $25 Million To Deepfake Scam

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UK Engineering Firm Behind ‘Sydney Opera House’ Loses Million To Deepfake Scam

Arup, a British engineering giant, fell victim to a sophisticated deepfake scam. An employee, duped by an AI-generated video call, unknowingly transferred HK$200 million (£20 million / $25 million) to criminals. Back in February, Hong Kong police revealed a case in which a worker at an undisclosed company fell victim to a hoax call. “Posing … Read more