Deepfake scheme using Johann Rupert and Elon Musk allegedly stole R1bn from SA investors
Daily Investor reports that the Financial Sector Conduct Authority (FSCA) has detailed one of its most significant enforcement actions against digitally enabled financial misconduct, involving an alleged deepfake investment scheme that used fabricated endorsements by prominent business figures, including Johann Rupert and Elon Musk, to lure South Africans with promises ...
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